Steve Jobs Resigns as Apple CEO

Steve Jobs Resigns as Apple CEO
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.

New ideas isn’t “innovation” until it is shared with someone. Steve Jobs and Apple did a nice job of sharing innovations with the whole consumer market! Their focus on “the experience” and not just hardware design or software is what has made them what they are today and I don’t think most companies understand (or can do) this!

I fear that Steve is stepping down due to health reasons. Even if it were not terminal, it cannot grant him the energy he’s had in his youth. If you look at some of the video montages you can see the drastic drop in weight and color. He doesn’t look good, and those presentations and such are probably very taxing on his body.

I enjoyed watching his keynote talks. He was always very engaging, and in his healthier years his “Steve Jobs Reality Warping Field” was very strong. Past few times it only took hours to days to realize I don’t want what he is hocking! :dance: It used to take at least a week!

He’ll still be Chairman of the Board for a while, which gives a chance for him to be involved as he wants, and to transition power to Tim Cook which will be important.

I saw this the otherday via G+. Apples stock has already fallen -4.34‎ (-1.15%‎)
I suspect it’ll be a while before the stock comes back up.

Where M$ just “had” your computer, Appl€ “has” your stuff (music etc) as well. And that can be put on Jobs’ account. Like it or not.

On 08/25/2011 12:16 PM, Knurpht wrote:
>
> Where M$ just “had” your computer, Appl€ “has” your stuff (music etc)
> as well. And that can be put on Jobs’ account. Like it or not.
>
>

First, i think it is significant that everyone listens up when a person
like Jobs resigns.
No one would care if the CEO of Walmart goes or for any other company
for that matter.
Even though i am not a fan of Steve (but like Apple), it is a change.
But since the new guy (that guy) is handpicked by Jobs it will continue
as there is no change.
If i try to be neutral as much as i can, then i have to admit that Apple
has changed we see computers and interact with them in the world.
There are a lot of people that will point out that Apple did not invent
all the things (which is true) but it gave all those thing in the hand
of consumers and pushed everyone to new boundaries.
Floppydisk, gone. Music=iTunes. iPhone & iPad. These are all things that
changed the market.
You don’t need to be a fan to recognize that. Without the iPhone the
cellphone market would look certainly different.
The question to me is, what will happen after Steve.
It is amazing if you think that this company was almost bankrupt and now
is one of the most profitable companies around.
Besides, as i was hearing today, the course of whats in the pipe is set
till 2014. So i don’t think there will much changes till then.


Euer Komputerfriek Joerg
using LXDE on 11.4 x64 and happy with a cup of real hot coffee…
http://mzl.la/o4n9Yw

On 08/25/2011 10:34 PM, JoergJaeger wrote:
>
> No one would care if the CEO of Walmart goes or for any other company
> for that matter.

let me make a wild guess: you don’t have a lot of money invested in the
stock market…

and i venture to guess you don’t really have a deep understanding what a
CEO (or individual) can do for the value of a company, and a company’s
stock, product, reputation, outlook, potential etc etc etc

ever heard of Sam Walton?
Lee Iacocca?
Louis V. Gerstner, Jr.?
Berkshire Hathaway? :wink:


DD
openSUSE®, the “German Engineered Automobile” of operating systems!

On 08/25/2011 01:52 PM, DenverD wrote:
> On 08/25/2011 10:34 PM, JoergJaeger wrote:
>>
>> No one would care if the CEO of Walmart goes or for any other company
>> for that matter.
>
> let me make a wild guess: you don’t have a lot of money invested in the
> stock market…
>
> and i venture to guess you don’t really have a deep understanding what a
> CEO (or individual) can do for the value of a company, and a company’s
> stock, product, reputation, outlook, potential etc etc etc
>
> ever heard of Sam Walton?
> Lee Iacocca?
> Louis V. Gerstner, Jr.?
> Berkshire Hathaway? :wink:
>

  1. no
  2. i think i never observed anyone going crazy about any other CEO. That
    was all i am saying. Surely they had all an impact, but no one cares.
    How many people can name Walmarts current CEO? Not a lot. But almost
    everyone will know Steve Jobs.
    And that is the difference.
    And no, the last three i can not name either. I would need wikipedia to
    upgrade my knowledge about them. No shame in that.


Euer Komputerfriek Joerg
using LXDE on 11.4 x64 and happy with a cup of real hot coffee…
http://mzl.la/o4n9Yw

On Thu, 25 Aug 2011 21:38:33 +0000, JoergJaeger wrote:

> 2) i think i never observed anyone going crazy about any other CEO. That
> was all i am saying. Surely they had all an impact, but no one cares.
> How many people can name Walmarts current CEO? Not a lot. But almost
> everyone will know Steve Jobs.

A couple others who immediately come to mind as having made a significant
impact (in addition to Iacocca) are Jack Welsh (of GE) and Bill Gates
(obviously). Steve Ballmer, too, but most of what I hear his name
associated with is how he’s “Not Bill”.

Another that comes to mind for me are Ray Noorda (who is credited with
Novell’s success in the 80’s and early 90’s).

And then there’s always the ‘celebrity’ CEOs that nobody can figure out -
like Donald Trump.

But in terms of impact, I’d suggest that Welsh has had an even bigger
impact on thinking in corporate America (certainly) than Steve Jobs. A
lot of Welsh’s business practices are thought of (or have been) as ‘best
practices’ for running a company - like regularly laying off the bottom
20% of employees in a company - no matter how successful the company is.

Jim


Jim Henderson
openSUSE Forums Administrator
Forum Use Terms & Conditions at http://tinyurl.com/openSUSE-T-C

> like regularly laying off the bottom
> 20% of employees in a company - no matter how successful the company is.

Keeps wages and benefits down when you reset everyone to minimum wage and
minimal vacation time.

On 08/25/2011 11:50 PM, Jim Henderson wrote:
> I’d suggest that Welsh has had an even bigger
> impact on thinking in corporate America (certainly) than Steve Jobs.

i agree with that, and also the impact of all the other stars you mention…

the leaders at the top make a BIG difference…(good, or bad)


DD
openSUSE®, the “German Engineered Automobile” of operating systems!

On 08/25/2011 03:31 PM, GofBorg wrote:
>> like regularly laying off the bottom
>> 20% of employees in a company - no matter how successful the company is.
>
> Keeps wages and benefits down when you reset everyone to minimum wage and
> minimal vacation time.
>

Mm… i remember that Fredrick Winslow Taylor had a huge impact in how to
reduce cost and split work process.

But this what all CEO do now. Production tend to be more expensive,
regulations to heavy, taxes to high and so jobs wander to different
parts of the world.

My original point though, was that a person like Jobs is more recognized
than others in the common sense.
This does not downplay others achievements.
The closed one i can think of that transformed society would be Edison
who was a smart and screwed businessman and also a great inventor that
shaped the world.

Most of these CEO are unknown to the broader public and only a handful
will have media attention that translates to a recognizable name.

One of the things i asked myself always is, is Steve Jobs a
philanthropist? Bill Gates is with his foundation. Although i always
think of it as a marketing tool.


Euer Komputerfriek Joerg
using LXDE on 11.4 x64 and happy with a cup of real hot coffee…
http://mzl.la/o4n9Yw

On Thu, 25 Aug 2011 22:31:00 +0000, GofBorg wrote:

>> like regularly laying off the bottom
>> 20% of employees in a company - no matter how successful the company
>> is.
>
> Keeps wages and benefits down when you reset everyone to minimum wage
> and minimal vacation time.

Oh, no, that wasn’t Welsh’s point (I worked for a company where one of
his proteges became CEO) - it was that no matter how good the bottom 20%
are, they’re still the bottom 20%. You could certainly make good money
and benefits working at GE - you just have to be in the top 80%
consistently.

Jim


Jim Henderson
openSUSE Forums Administrator
Forum Use Terms & Conditions at http://tinyurl.com/openSUSE-T-C

On Fri, 26 Aug 2011 01:13:41 +0000, JoergJaeger wrote:

> But this what all CEO do now.

Not really, what they do is plan on a much larger scale, and have a high-
level vision and get people on board with that vision.

But they really earn their pay when dealing with M&As, in my experience.

Jim

Jim Henderson
openSUSE Forums Administrator
Forum Use Terms & Conditions at http://tinyurl.com/openSUSE-T-C

Apple was definitely a CEO-driven company, and while I doubt they’ll go out of business any time soon, I’m curious to see what long-term effects this will have.

A nice joke in a dutch news paper today, referring to the patent war between Apple and Samsung: Samsung reports that it’s CEO is resigning too, also due to health problems :smiley:

On Fri, 26 Aug 2011 20:06:02 +0000, Knurpht wrote:

> A nice joke in a dutch news paper today, referring to the patent war
> between Apple and Samsung: Samsung reports that it’s CEO is withdrawing
> too, also due to health problems :smiley:

LOL

I noticed a number of people seem to have jumped on the bandwagon of
announcing their departures from various organizations in the wake of
Jobs’ departure.

There was the editor of Slashdot, and one of the reporters at El Reg. I
wonder if Jobs hadn’t resigned if either of those announcements would’ve
been made.

Jim


Jim Henderson
openSUSE Forums Administrator
Forum Use Terms & Conditions at http://tinyurl.com/openSUSE-T-C

Heck, I’m thinking of resigning… the only problem is figuring out how to live off of my (measly) savings!

On Sat, 27 Aug 2011 03:26:02 +0000, dragonbite wrote:

> Heck, I’m thinking of resigning… the only problem is figuring out how
> to live off of my (measly) savings!

It ain’t easy, take it from someone who’s currently having to do that. :frowning:

Hopefully that’ll change soon. Maybe I should’ve done a press release
when I was laid off. :confused:

Jim

Jim Henderson
openSUSE Forums Administrator
Forum Use Terms & Conditions at http://tinyurl.com/openSUSE-T-C

On 08/27/2011 05:32 AM, Jim Henderson wrote:
> Maybe I should’ve done a press release when I was laid off. :confused:

LOL!!


DD
openSUSE®, the “German Engineered Automobile” of operating systems!

On Sat, 27 Aug 2011 08:29:36 +0000, DenverD wrote:

> On 08/27/2011 05:32 AM, Jim Henderson wrote:
>> Maybe I should’ve done a press release when I was laid off. :confused:
>
> LOL!!

Arguably, that actually is something that the outplacement service talked
about - maybe not a ‘press release’, but having a marketing plan and an
“exit story” answer ready is something that’s considered important for
interviews.

The last thing you want to do is stumble around trying to answer “why do
you think you got laid off from your last job?”. But that’s a question
that inevitably is going to come up during an interview, and it’s one
that you have to be prepared to answer - and the shorter the answer, the
better. For many people it’s going to be nothing more than “I don’t
know.”

In my case, I got a severance package and have taken some time to (a)
find the right job, and (b) to engage in some professional development -
ie, preparation for the PMI PMP certification exam (since I am a program
manager, knowing how to manage projects - and knowing the “official”
terminology - is something that I have been asked during interviews, and
the first time, I wasn’t prepared - I learned to manage projects by
managing projects, not by taking classes on managing projects).

Jim


Jim Henderson
openSUSE Forums Administrator
Forum Use Terms & Conditions at http://tinyurl.com/openSUSE-T-C

I fail to see what good Welsh ever did.