Steve Jobs has resigned as CEO of Apple, effective immediately, with Chief Operating Officer Tim Cook taking his place. Jobs will remain Chairman of the Board. Tim Cook will also be joining the company’s board of directors.
Steve Jobs founded Apple Computer, Inc in 1976 with Steve Wozniak. Their first product was the Apple I, soon followed by the popular Apple II. Jobs also lead the original Macintosh team, with the revolutionary personal computer making it’s debut in 1984.
Soon after the launch of the original Macintosh was introduced, Jobs was ousted from the company he helped create in a board room coup, by then-CEO John Scully.
Jobs went on to found NeXT Computer, which struggled to gain mainstream adoption, and was ultimately acquired by Apple in the mid-1990s, bringing Jobs back to the Macintosh-maker, with Jobs ultimately being appointed CEO of the company he was kicked out of.
Since Jobs returned, the company has grown and prospered. With breakthrough products such as the original iMac, the iPod, the iPhone, and now iPad.
Jobs’ resignation will most certainty make waves when the market opens tomorrow. Tim Cook, who has been Apple’s long-time COO, and interim CEO in Jobs’ sick leave absence, will do a fine job of running the company.
Love him or hate him, it’s undeniable that Jobs’ impact on the personal computer industry is world-changing. That said, I have a feeling we haven’t seen the last of him.