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"
Apple was founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne. Their first product was essentially a motherboard (Apple I) and now they have a strong hold on many of the devices many of us use today. But in 1985 after a power struggle with the board of directors Jobs left the company only to return in 1997 and turn Apple around. Now with over 46,00 employees and a market cap of around $348 billion they are the biggest tech company in the world.
The products are useful not only to consumers but business as well and the products are used by businesses the world over for better productivity because of the simplicity of their products. The number of apps available in their app store makes it possible for many to work from their phones.
StatementThe products are useful not only to consumers but business as well and the products are used by businesses the world over for better productivity because of the simplicity of their products. The number of apps available in their app store makes it possible for many to work from their phones.
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