Apple’s Steve Jobs stunned the tech world with the news of his resignation. Though everyone in Silicon Valley knew the day would come, it still brought shock and sorrow for many here.
Steve Jobs, the founder of Apple, masterfully marketed the company's most successful and industry-changing products. Through his extraordinary vision and creative insights, he rolled out one incredible product after another, even at the time of recession.
The iconic iPod, the iPhone and the iPad are the creation of a man who changed the course of personal computing and transformed the mobile market.
His leadership pioneered Apple to become the world’s most innovative and valuable technology company. He proved that a single person is enough to lead the company to breathtaking heights.
Apple without Jobs
Steve Jobs’ resignation has raised concerns whether the new management will sustain the level of innovation that Steve Jobs spearheaded. Apple's share price dropped over 5 per cent in after hours trading, following the news of his resignation.
Though investors have claimed that Apple will continue to rise even after Jobs departure, Apple fans have expressed their concerns.
Many observers are seeing the departure of Jobs as a potential pitfall for the company. It is assumed that Jobs absence will take away the magic from Apple’s products in longer run.
Tim Cook: Meet Apple’s new CEO
Jobs in his resignation letter has strongly recommended Tim Cook’s name as the next CEO. In Jobs absence, Tim Cook –the COO of the company- has served as acting CEO. He was overseeing the affairs of Apple’s worldwide sales, operation and end-to-end supply chain.
Operationally, Tim Cook is a great performer. But vision is also a crucial aspect for the company’s success.
Now the pressure will be immense on Tim Cook and he must prove that his technology instincts are as sharp as Jobs.
Cook’s work has always been appreciated and his skillful management of Apple's resurgent Mac unit showed another side of his capability.
Jobs’ second innings
Jobs resignation was on cards for long time. In January 2011, he took leave for medical reasons. Though he has decided to step down, he will not leave the company.
Jobs will reportedly serve Apple as the Chairman of the Board. In his new role as Chairman of the Board, he will continue to support Apple with his exceptional insights and creativity. Jobs' contributions to the world of technology are numerous. The innovation attached to the Steve Jobs brand is something that might be impossible to replace.
His exit clearly signals the end of an era.
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