Here at Ebongeek we were shocked too, stunned actually as the news alerts and tweets came in. There are two ways to look at this story, either it’s the end of Apple or it’s no big deal. Yes it is true we all remember what Apple was like without Steve at the helm and no it was not pretty however, the past is not necessarily a predictive road map for the future in this instance. Steve is down but he is by no means out, he will continue to play a role at the company. His legacy and vision will live on in those he has worked with and inspired. Bottom line, Apple has products in the pipeline, plenty of cash in the bank and numerous patents in its war chest.
“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.”