Via Wall Street Journal, news that Apple CEO Steve Jobs is stepping down.
PRESS RELEASE: Letter from Steve Jobs
August 24, 2011–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.
Apple confirms that COO Tim Cook will take the CEO position at Jobs’ recommendation. During past periods of medical leave for Jobs, Cook has filled in; that he would eventually replace Jobs does not come as a surprise.
Current after-hours trading data (Bloomberg's live coverage is here) shows the stock plummeting.
Jobs co-founded Apple in 1976 with Steve Wozniak and Ronald Wayne, then parted ways with the company in 1986. He returned in 1997, and formally took the CEO helm in 2000, leading Apple to its most profitable period in history. Under his leadership, Apple became a company that, in the words Jobs once used to lure John Sculley away from Pepsi-Cola in 1983, really did "change the world."
(Image: BoingBoingWWDC2010_IMG_0304, a Creative Commons Attribution Non-Commercial (2.0) image from deanputney's photostream)
[Video Link: the 1984 ad.]
Coming after improvements to Firefox and continued unease at Google’s life-pervading insight, this image is outperforming the ███████ ████ Virality Control Group today (via). It got me thinking about all the promises that were made. Here’s the earliest article in Google News to contain “Big browser” in its headline, published by Time Magazine on Nov. […]
The WiFi232 is a traditional old-timey old-schooley Hayes-compatible 300-115200 baud modem, no wider than its own parallel DB25 port. Automatically responds with a customizable busy message when already in a call. The killer app seems to be using it to get internet onto ancient retro portables like the TRS-80 Model 102, but it’s been put […]
Most tech-media takes on the iPhone’s 10th anniversary are bland and self-congratulatory, but I like Tom Warren’s at The Verge. He laments how Apple’s pocket computer killed his inner nerd. As a youngster, he’d be constantly tearing down and building computers, even in the sweltering heat of summer. But now… …All of that tinkering and […]
If you often find yourself far away from AC power, or just want to guarantee that you’ll have GPS access on your next camping trip, the SolarJuice External Solar Battery is an excellent companion for outdoor adventures. It’s currently available in the Boing Boing Store for $59.99.The SolarJuice has a 26,800 mAh battery capable of […]
Between election hacks, ransomware, and Devil’s Ivy, the cybersecurity space is booming as malware and hackers become more sophisticated. If you’re interested in pursuing a career in ethical hacking, or just want to secure your own devices, The Super-Sized Ethical Hacking Bundle is a great resource.In this bundle, you’ll learn the fundamental skills of ethical hacking, prepare […]
The TREBLAB X11 Earphones are versatile, offer great sound, and are currently $32.99 in the Boing Boing Store.These Bluetooth earbuds are a great workout companion. They’re totally sweat proof and their ear-fins keep them snugly in place during high activity — something that Apple’s AirPods can only do if you were blessed with precisely the […]