“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 [last evening],” 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.”
“The day of the announcement, Jobs was in Apple’s Cupertino, California office for the entire work day, and he attended a regularly scheduled board meeting, according to a person close to Jobs, who was not authorized to speak about the executive’s health,” Satariano reports. “While Jobs has been housebound for the last few weeks and his condition is weak, the resignation was not indicative of a sudden worsening, this person said. Jobs told the board he intends to be an active chairman, and he held an emotional meeting with his executive team afterward, according to another person familiar with the matter.”
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Satariano reports, “Jobs was ousted by the board in 1985 amid differences over strategy. In his time away, Jobs ran movie animation studio Pixar, which he later sold to Walt Disney Co., as well as NeXT Software Inc., a company Apple acquired to return him to the company. Jobs is Disney’s largest shareholder, with a 7.4 percent stake. He will remain on the entertainment company’s board, a person with knowledge of the matter said.”
Much more in the full article here.
[Thanks to MacDailyNews Reader “Edward Weber” for the heads up.]
I bet that was one emotional meeting. A few tears were shed.
Bullshit he worked a full day. Stock crash control.
we really need more aholes like you posting here. Makes us all feel so good.
After few weeks of being housebound, Jobs could grasp the remaining energy to actually work for a full day.
This could be incredible hard for him, but it is not impossible.
Go away. We don’t want to share your sickness.
?
Were you born this way, you slimy turd? Go f!#k yourself!
Apparently, even before the article about Steve working all day appeared, the stock has pretty much recovered completely and is down by only 1.5%, which is actually better than most other stocks (XOM down over 2% at the moment, DJIA inline with AAPL, etc).
Wall Street apparently had the resignation already baked into the price of AAPL for some time.
We don’t need obscene, nasty people like you. Go buy a Dell.
The Man, The Myth, Steve Jobs.
A class act the whole way..
My head is spinning from all the SJ spinning going on. How about everyone stops spinning for a day, and instead sends good vibes Steve’s way. That would be a very good human thing to do.
Have you read many of the 200 posts on the top story on MDN? There seem to be a plethora of good vibes sent his way. In addition to much speculation and guessing.
I saw Bigfoot once …
Have you turned 12 yet?
Why sweat the small stuff when you got management like Apple’s?
Jobs could do without the constant dress and time spent on all the stuff he can’t help but obsess about, now as he’s dealing with his health. He’s trained everyone that matters in the formula and secrecy of Apple’s success, they all have the same DNA and Jobs deserves to oversee and conduct the orchestra as The Honorable Chairman of The Board. Steady as she goes Steve…
Why sweat the small stuff when you got management like Apple’s?
Jobs could do without the constant stress and time spent on all the stuff he can’t help but obsess about, now as he’s dealing with his health. He’s trained everyone that matters in the formula and secrecy of Apple’s success, they all have the same DNA and Jobs deserves to oversee and conduct the orchestra as The Honorable Chairman of The Board.
Steady as she goes Steve…
I third that breeze.
On that last day I bet Steve capped off a big project like the Apple TV iOS cloud computer to take over the living room – the last frontier of convergence… and on the 7th day the great creator finally decided it was time to rest.