Apple-Head CEO Steve Jobs Resigns to Recuperate
The following are two reports on Apple's breaking and altogether unsettling news for Steve Jobs' world-wide fanbase who wish him a fast recovery and ideally a swift return to his Apple Empire as reinstated operating CEO. In the meantime, he is still to remain active with Apple in his capacity as Chair.
Apple says Steve Jobs resigning as CEO
Steve Jobs, the mind behind the iPhone, iPad and other devices that turned Apple Inc into one of the world's most powerful companies, resigned as the company's CEO Wednesday, saying he can no longer handle the job.
The move appears to be the result of an unspecified medical condition for which he took an indefinite leave from his post in January. Apple's chief operating officer, Tim Cook, has been named CEO.
In a letter addressed to Apple's board and the "Apple community," Jobs said he "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."
Apple said Jobs was elected board chairman and Cook is becoming a member of its board.
By Gulf News
Apple's new CEO Tim Cook is a business operations 'maestro'
Tim Cook, who has replaced former Apple CEO Steve Jobs, is considered almost as efficient as him, and almost everyone credits him as being a kind of business-operations 'maestro'.
While both Jobs and Cook are known for their relentlessness, they largely operate in opposite ways.
Jobs, who recently resigned as CEO of Apple, is often described as mercurial and prone to outbursts, while Cook, who was raised in a small town in Alabama, is polite and soft-spoken, CBS News reports.
Whereas Jobs liked to focus on Apple's products, Cook has largely delved into the minutiae of its operations.
According to Fortune magazine profile, after Cook joined Apple in 1998, there was one moment now part of the Cook lore that well-describes his leadership style.
Former colleagues have described Cook as a fitness enthusiast who seems to live on energy bars.
"He is a hiker and a cyclist, who frequently gets up at 5 a.m. to exercise, and to begin e-mailing his underlings," the report said.
Cook will now replace Jobs, who has fought a long-running battle with cancer, and resigned saying he 'could no longer meet duties and expectations as Apple's CEO'
According to the Telegraph, Jobs added that he would like Cook to be named as his successor.
"The board has complete confidence that Tim is the right person to be our next CEO," he wrote in his resignation letter.
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