Future of Apple

Citation: VnutZ, Future of Apple, OmniNerd.com, 25 August 2011, accessed on 01 August 2014 from http://www.omninerd.com/articles/Future_of_Apple
Tags: apple, computing, steve jobs, and business
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What is the future of Apple without Steve Jobs?

The company was struggling to survive before he came aboard and revolutionized the industry with Apple gadgets everywhere. His stewardship essentially vaulted the stock from it’s $10 value to a peak over $400 a share (still so pissed I had to sell at $33). Although the stock tumbled a bit [7%] following his resignation, it quickly rebounded though the future remains to be seen.

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