” I always said that if the day comes when I will no longer be able to fulfill my duties as Apple’s CEO, I will be the first to say this” Jobs wrote in a letter to the Board of Directors and Apple Community. ” Unfortunately, this day has come” he also said. After the resignation announcement has been made, the Apple shares dropped by more than 5%.
On Wednesday Apple announced the resignation of Steve Jobs, co-founder of Apple. He is to be replaced with Tim Cook. Steve Jobs has many medical problems, and in 2010 he accepted a salary of $1 for his CEO job at Apple.
” I think Apple’s most shiny and full of innovation days are yet to come And I am anxious to watch and contribute to Apple’s success from my new role. I have made many friends at Apple and I thank each one of you for the many years I was able to work with you” Steve Jobs also said.
Steve Jobs, 56 years old, decided to go on medical leave in January. Two years ago he suffered a liver surgery and in 2004 Steve Jobs was diagnosed with pancreas cancer.
Analysts said that this decision is not unexpected and it will not have a big impact on the day to day Apple activity. ” Steve will be able to contribute further, just like he would from his CEO job” Colin Gillis said. ” Tim Cook is the CEO of Apple for quite some time, and the company had a huge success. The vision and strategy are intact” he also added.
Apple’s clients are not going to feel a real difference, analysts also said. ” In the end, consumers do not buy Apple products because they are from Steve Jobs, they buy them because they fulfill their needs and they are good products, and they will continue to do so” Michael Gartenberg from Gartner said.
Even so, the Apple shares dropped by more than 5% after the announcement was made, which suggests that some investors have less confidence on the company without Steve Jobs in charge. The shares of two Apple rivals, HTC and Samsung, increased.
Mark Zuckerberg was on the first place in the top created by Vanity Fair of the most influential people in the world, followed by Steve Jobs.
Steve Jobs is the co-founder and President of Apple, a company with a market value of more than 363 billion dollars. Ever since he was a kid he developed a passion for computers. When he was 12 years old, Steve Jobs called Bill Hewlett, co-founder of Hewlett Packard, after he found his phone number in the phone book, and he asked for some components for a frequency measuring device.
Hewlett gave him the components and he hired Steve over the summer to work on the assembly line. During this time, Jobs made friends with Stephen Wozniak.
Jobs enrolled in College right after high school but he dropped out. He met Wozniak again and they started to assemble a computer in Jobs’s garage. This is how everything started.
Steve Jobs is considered to be the creating force that made Apple become one of the biggest companies in the world. Because of their very popular products, such as the iPad, iPhone and recently, iPad, Apple became one of the most popular brands in the world. In the second trimester of the year, Apple made a profit of 7,3 billion dollars and revenue of 28,6 billion dollars. Apple sold more than 20 million iPhone units and 9,25 iPad units.
Jobs founded Apple in the 70′s, and the Macintosh computers became very popular in the 80′s. In 1985 Steve Jobs left the company but he returned in 1997 and that’s when the Apple transformation started, by releasing the iMac.
The iPod was released in 2002 and revolutionized the market. It was followed by the iPhone, who changed the smartphones market, and iPad overcame the initial skepticism and became a huge success.