Thursday, August 25, 2011
STEVE JOBS RESIGNS AS CEO OF APPLE
Apple’s Board of Directors today announced that Steve Jobs has resigned as Chief Executive Officer, and the Board has named Tim Cook, previously Apple’s Chief Operating Officer, as the company’s new CEO. Jobs has been elected Chairman of the Board and Cook will join the Board, effective immediately.
BAD HARDWARE WEEK: Apple shares down 4% immediately. Some says Apple is not SJ. Well, let see Apple after 1986 leave.
In 1985, John Sculley–Apple’s president and Steve Jobs’ partner and confidante–became frustrated with Jobs’ management style. He forced Jobs into a role as Apple’s chairman that was designed to prevent him from making any decisions. A few months later, Jobs resigned and founded NeXT. And that, it seemed, was that.
BAD HARDWARE WEEK: Apple shares down 4% immediately. Some says Apple is not SJ. Well, let see Apple after 1986 leave.
In 1985, John Sculley–Apple’s president and Steve Jobs’ partner and confidante–became frustrated with Jobs’ management style. He forced Jobs into a role as Apple’s chairman that was designed to prevent him from making any decisions. A few months later, Jobs resigned and founded NeXT. And that, it seemed, was that.
THIS LINK posted by Joseph Bell : 7:34 AM
