Carigamers
Official Forums => News => Topic started by: Saxito Pau on August 24, 2011, 09:23:13 PM
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http://www.reuters.com/article/2011/08/24/us-apple-idUSTRE77N82K20110824 (http://www.reuters.com/article/2011/08/24/us-apple-idUSTRE77N82K20110824)
By Poornima Gupta
SAN FRANCISCO | Wed Aug 24, 2011 7:53pm EDT
(Reuters) - Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move that ended his 14-year reign at the technology giant he co-founded in a garage.
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.
Analysts do not expect Jobs' resignation -- which had long been foreseen -- to derail the company's fabled product-launch roadmap, including possibly a new iPhone in September and a third iteration of the iPad tablet in 2012.
"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.
The 55-year-old CEO had briefly emerged from his medical leave in March to unveil the latest version of the iPad and later to attend a dinner hosted by President Barack Obama for technology leaders in Silicon Valley.
Jobs' often-gaunt appearance has sparked questions about his health and his ability to continue at Apple.
"I will say to investors: don't panic and remain calm, it's the right thing to do. Steve will be chairman and Cook is CEO," said BGC Financial analyst Colin Gillis.
Apple shares slid to $357.40 in extended trading after a brief halt. They had gained 0.7 percent to close at $376.18 on the Nasdaq.
Analysts again expressed confidence in the Apple bench, headed by longtime company No. 2 and supply-chain maven Cook.
"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," said Cross Research analyst Shannon Cross.
"I don't know if it's a health issue. I don't know if it is a shock. Most likely it was going to happen at some point. Why today versus another day? I don't know."
(Reporting by Poornima Gupta and Edwin Chan; Editing by Gary Hill)
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PRAISEEEE JEZZZUSSSSS AAAHHH
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*Briefly looks for a f@#k to give*
*None found...goes back to regularly scheduled programming*
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*Briefly looks for a f@#k to give*
*None found...goes back to regularly scheduled programming*
wtmc, had a hard day @ work arc???
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lol how men hating on apple/jobs so jed... allyuh hadda give jack the jacket man lol.. jobs is a master marketeer
ent @ wyatt... lol i had to read that post twice to make sure i read right
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If 'hate' is all you could glean from my comments, then I can't help you.
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*Briefly looks for a f@#k to give*
*None found...goes back to regularly scheduled programming*
LOL
I totally agree ahahahahahaha
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If 'hate' is all you could glean from my comments, then I can't help you.
lol men touchy tonight
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phoenix boy...you wukkin too hard yes. :laughing7: At the end of the day, this 'news' is unimportant to me.
steve jobs probably have more money than god, and could buy my life 10 times over.
...but because I couldn't really give a f@#k, that's 'hate'?
You seem to be an expert on it, judging from your comments of late. Enlighten us a bit more nah. :)
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Is how it sound boy arc.
I read that and my eye brow shot up immediately.
Maybe you didn't mean anything much by it but let me assure you, some people reading it will DEFINITELY think otherwise.
Could easily be interpreted as crass, vicious and venomous.
Kinda unwarranted too given the subject matter. You deal Steve Jobs a heavy hand there. lol
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Indeed @ Wyatt...
And @ arc.. When somebody really doesn't care about a thread or topic dey just don't bother to post in it.. Much less for what you posted.. But either way dude.. When you see me lol in front of a response... Don't take it so seriously... I didnt literally mean you hate the man buddy :)
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English Language: misinterpretation of the written form is a serious (and common) thing.
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You got that right. It is really a problem.
I'm sure wars have started as a result of it.
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Lol he should add the spoken form to.. Or just about any form for that matter
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60 more days till Battlefield 3.