Episode #236b News Update

Steve Jobs
1955-2011

“Apple has lost a visionary and creative genius, and the world has lost an amazing human being. Those of us who have been fortunate enough to know and work with Steve have lost a dear friend and an inspiring mentor. Steve leaves behind a company that only he could have built, and his spirit will forever be the foundation of Apple.”

http://www.apple.com/stevejobs/

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Running Time: 3:05

Episode #230b News Update

In a letter addressed to Apple’s Board of Directors and to the Apple community, Mr. Steve Jobs has resigned as CEO of Apple.

In his place, Mr. Tim Cook has been named the new CEO of Apple, Inc.

The complete text of Mr. Jobs letter reads as follows:

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

LINKS:

> Letter from Steve Jobs
> Steve Jobs Resigns as CEO of Apple

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Running Time: 2:29