“Apple Inc. Chief Executive Officer Steve Jobs, who transformed the company he started at age 21 from a personal-computer also-ran into the world’s largest technology company, resigned,” Adam Satariano reports for Bloomberg. “Jobs, who will become chairman, was on medical leave since Jan. 17 after combating a rare form of cancer since 2003 and surviving a liver transplant in 2009. He is succeeded by Chief Operating Officer Tim Cook, 50, who has been running day-to-day operations.”
Satariano reports, “Cook joined Apple in 1998. As operating chief, his oversight included sales, manufacturing and distribution. ‘The world will see in the next several years that Tim is a very uniquely gifted guy and Apple will be wildly successful under his leadership,’ said John Connors, a venture capitalist at Ignition Partners, who serves on the Nike Inc. board with Cook.”
Read more in the full article here.
MacDailyNews Note: According to his Ignition Partners’ bio: Prior to joining Ignition, John Connors spent sixteen years at Microsoft Corporation in several strategic roles. From January 2000 to April 2005 he was senior vice president of Finance and Administration and Chief Financial Officer.
[Thanks to MacDailyNews Reader “Jaxtoon” for the heads up.]
If anyone can see the future, it’s John Connor…s.
1
Best first post ever..
Ahh, the ass-kissing for the new guy begins!
I honestly thot you said a$$-KICKING for the new guy!
Seemed more appropriate given the movie references.
Are other CEOs so petty that they could not issue a small word of praise/good luck towards Jobs?
Not expecting anything from Michael Dell but others surely could.
They are secretly getting together getting drunk and celebrating. They think Jobs is no longer there to make them look really stupid. Give them another day to sober up and realize that their still screwed!
They don’t need Jobs to make them look stupid!
He’s got a point… I mean.. Jobs is a legend!
+1
That’s too good.
Bullcrap. Nobody knows the future like this. Nobody knows, period.
Tim Cook has been doing an amazing job as the unofficial Apple CEO while Steve has been on extended medical leave. Do you think everything is going to magically change now that Tim is the official Apple CEO and he’ll start doing crappy work all of a sudden?
Poor fdssdfa. So hopefull that Cupertino is falling over a cliff. So wrong. When even Wall Street shrugs its shoulders and says “no big deal”(I’m still getting over the shock from that) to Steve resigning as CEO, face it. The sky isn’t falling.
I know it’s difficult for you to accept, but you’ll just have to learn to deal with Apple having a bright future.
Except… you know… TC has been running the company for about 2-3 years now… So we do know
I think he’s probably been running it for longer than that TBH. Maybe right back as far as Steve’s initial cancer scare, allowing Steve to spend what hours he can put in concentrating on special projects such as the iPad.
A very familiar set-up when you think about it.
“It means your future hasn’t been written yet. No one’s has. Your future is whatever you make it. So make it a good one, both of you.”
—-Doc Brown/ BTTF III
Tim Cook and Steve Jobs, for as long as he can, will ensure it a good one.
Oh-oh. Kiss of death, a compliment from an ex-MS CFO
Tim Cook is uniquely qualified to lead Apple during this period of unprecedented growth, when Apple must continue to be agile, efficient, and focused. In fact, he is better qualified for that particular role than anyone else at Apple, including Steve Jobs. And he already has two to three years of on-the-job experience at being Apple’s day-to-day (acting) CEO.
The ideal scenario would have Steve Jobs as CEO with Tim Cook as his “#1,” indefinitely… In other words, continue what made Apple the most successful, highest market cap, company in the world. The second best scenario would have Tim Cook as CEO, with Steve Jobs actively involved with strategic and conceptual guidance.
The key point is that Apple still has Steve Jobs and still as Tim Cook, not to mention all the other key players including Jonathan Ive, Scott Forstall, Phil Schiller, Robert Mansfield, and Peter Oppenheimer. It’s an unbeatable team.
Um… If Apple needs a new CEO, I know… someone… with experience running a large computer company. Yes. I know someone who is good. Very dell… I mean good.
Hey Michael, I got just the person to run Hell, no, I mean, Dell, for you. Call Zune Tang on (212) 555-3214. He’ll fit you right down to a T, I mean D, as in ‘dunce’.
Steve Jobs and Johnathan Ives have put a world of hurt on competitors with great design.
Tim Cook has put a strategic world of hurt on competitors via smart deal making and pre purchasing.
Mr Cook is very much responsible for Apple’s astronomical margins. Before him, a successful product launch would be crippled by poor supply execution. Those days are long one.
+1
Cook has called inventory “fundamentally evil” and likened the way a computer maker should handle inventory as being similar to the way a milkman should deliver milk: as straight from the cow as possible.
Genius.
I have worked with Ignition Partners in the past, and know John Connors. He is very smart and talented, as are the people at Ignition. As VC outfits go, it’s extremely good.
Credit to Connors for seeing things as they are and will be.
A fun sidebar: John Zagula, a partner at Ignition, and one of the brightest people I have ever met, is the man who, at Microsoft, came up with the idea for Microsoft Office, among many other (good) things. Before you hate him, consider this:
John uses a Mac, an iPad and an iPhone. Every day.
As I said, they’re very smart.
Well, actually I think that if someone who was at microsoft says something like that it makes me worry