Jobs resigns as Apple CEO, to stay as chairman
August 24th, 2011
06:42 PM ET

Jobs resigns as Apple CEO, to stay as chairman

[Updated at 6:57 p.m. ET] Apple CEO Steve Jobs has resigned and will be replaced by former Chief Operating Officer Tim Cook, the company said late Wednesday. Jobs will stay on as Apple's chairman.

Apple made no mention of Jobs' health in its statement about the change, but Jobs alluded to it in the letter of resignation Jobs sent to Apple's board on Wednesday and later released publicly.

"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," wrote Jobs, who has been on medical leave since January. Cook has been filling in as the company's leader.

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Filed under: Apple • Technology
soundoff (107 Responses)
  1. Drew

    Is that the stock I hear dropping?

    August 24, 2011 at 6:46 pm | Report abuse |
    • Greg

      Don't count on it, son.

      August 24, 2011 at 6:49 pm | Report abuse |
  2. Lala

    He must be sick 😦

    August 24, 2011 at 6:46 pm | Report abuse |
  3. skubadoo

    And the stock nose dives........

    August 24, 2011 at 6:47 pm | Report abuse |
  4. Joe

    Uh oh. Wonder if his health is at issue again. Watch Apple stock tank tomorrow.

    August 24, 2011 at 6:47 pm | Report abuse |
  5. jim

    whoah....

    August 24, 2011 at 6:47 pm | Report abuse |
  6. Steve

    I'm sad but its for the best. Thanks t Steve for making such a wonderful company and changing the face of a few industries.

    August 24, 2011 at 6:47 pm | Report abuse |
    • audrey

      yeah...

      August 24, 2011 at 6:50 pm | Report abuse |
    • Chris

      No, thank Bill Gates for keeping Apple afloat in 1997 with the $150M influx of cash. Otherwise, there would be no iAnything.

      August 24, 2011 at 6:57 pm | Report abuse |
    • elenaaaaa

      Thanks to both of them. But Steve had so many great ideas that changed the way people live.

      August 24, 2011 at 9:56 pm | Report abuse |
  7. Johnny

    beginning of the end for apple

    August 24, 2011 at 6:47 pm | Report abuse |
    • Greg

      Yeah, right. Let's see what you say a few months from now.

      August 24, 2011 at 6:49 pm | Report abuse |
  8. Martin Rafferty

    This changes everything, again.

    August 24, 2011 at 6:47 pm | Report abuse |
  9. Gravlit

    So what. Big whoop.

    August 24, 2011 at 6:48 pm | Report abuse |
  10. Fete Chef

    Cancer?

    August 24, 2011 at 6:48 pm | Report abuse |
  11. ArizonaYankee

    I get a very bad feeling here.

    August 24, 2011 at 6:48 pm | Report abuse |
  12. Karl

    Wow, hell of an article!

    August 24, 2011 at 6:49 pm | Report abuse |
  13. Kea

    Sell quick! Sell sell sell!!!

    August 24, 2011 at 6:49 pm | Report abuse |
  14. audrey

    God love you Steve. Keep fighting the good fight.

    August 24, 2011 at 6:49 pm | Report abuse |
  15. Chris

    I was gonna say 'bye bye apple stock', but it looks like someone already thought of that witty remark...

    August 24, 2011 at 6:49 pm | Report abuse |
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