Steve Jobs Resigns

Steve Jobs

Today Steve Jobs resigned as the CEO of Apple. COO Tim Cook will take his place. It’s a very sad story, as Steve’s health has been declining, as a few years ago he was diagnosed with pancreatic cancer.

Tim Cook has been running day to day activities for a little bit now, so with Steve stepping down we shouldn’t see much of a change in comparison to Apple recently. Also, Steve will be staying on the Apple board, and I’m sure he will still be a major part of the company. Hopefully he will be there at the iPhone 5 announcement, maybe even speaking on stage.

Will we see changes in Apple? Will Flash now be allowed? Will private API apps be allowed on the App Store? Will some things we never thought would happen, happen? Who knows, but to most of these questions, it’s probably a no. Tim Cook has some big shoes to fill, but I’m sure that for awhile now, Steve has been mentoring and training him to be a great CEO.

Apple did once go without Steve. For the time that Steve was gone, Apple plummeted. When he came back in 1997, he soon after introduced some products that would change the world. This time though, there has been preparation. Steve is going to remain a part of Apple. Things won’t be like last time; things are going to be left in better hands.

Also, everything is timed just right. The iPhone 5 is right around the corner, and it is going to be just in time for the holiday season. Also, it is rumored that it will be released for AT&T, Verizon and possibly even Sprint. They’re going to make more money than ever.

Apple stock also didn’t plummet today, only dropping about 5%, much less than expected. We will have to see tomorrow how they do.

Google has changed CEO, Microsoft has changed CEO, and now Apple. Apple will stay strong like those other companies have.

Goodbye Steve, and thanks for everything. You will be missed greatly.