Just last Wednesday August 24 , Steve resined as the CEO of Apple. Apple shares dived as much as 7 percent in after-hours trade after the pancreatic cancer survivor and industry icon, who has been on medical leave for an undisclosed condition since January 17, announced he will be replaced by COO and longtime heir apparent Tim Cook.
As said by Steve Jobs:”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,” he said in a brief letter announcing his resignation.
Steve will be chairman and Cook is CEO,” said BGC Financial analyst Colin Gillis.Investors are very comfortable with Tim Cook even though Jobs has been a driver of innovation and clearly an Apple success. Tim has shown Apple can still outperform extremely well when he’s been acting as CEO.
Hope Tim Cook becomes a great CEO of Apple. See ya 😀
