Categories Scott Lowe Blog

Steve Jobs resigns, effective immediately

I know this isn’t necessarily virtualization-related, but how many of you out there manage your environment or connect to it from an iPhone, iPad or other Apple device?

Steve Jobs has resigned --effective immediately -- as CEO of Apple and has asked the board to appoint Tim Cook as CEO. Steve has also asked to stay on as the Chairman of the Board.

To the Apple Board of Directors and the Apple Community:

I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple’s CEO, I would be the first to let you know. Unfortunately, that day has come.

I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.

As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.

I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.

I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.

Steve

Steve has been absent from the day to day for quite some time, so from an operational perspective, I doubt the impact will be huge since Tim has been running the show anyway. I do expect, however, to see short-term damage to Apple’s stock price since many people simply equate Apple with Steve. Long term: Business as usual as long as Tim can maintain and enhance the vision.

What do you think? How will this move impact Apple?

Scott D. Lowe

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Scott D. Lowe

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