Question:

Why Steve Jobs resigned from apple?

by Guest24663662  |  8 years ago

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Steve Jobs was the CEO of Apple but why did he resigned from his post before his death and can someone provide me the copy of his resignation letter. Waiting for your answer.

 Tags: Apple, jobs, resigned, Steve

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2 ANSWERS

  1. Guest24666093

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  2. The Education Expert

    Steve Jobs resigned as CEO of Apple in August 2011, but remained in the company as chairman of the board. Soon after the declaration of Steve resignation, Apple Inc. (AAPL) shares fall 5%. The comparatively a small drop, when bearing in mind the importance of Jobs to Apple, was linked with the fact that Jobs' health had been in the reports for several years, and he was on medical leave since January 2011. It was believed, that the impact would be felt in a negative way beyond Apple, as well as at The Walt Disney Company where Jobs served as director. On the day of the announcement, Walt Disney Co. (DIS) shares dropped 1.5%.
    This is Steve Jobs resignation letter 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”

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