Steve Jobs has finally resigned as the CEO of Apple Inc. The reason being inability to continue at the top any longer. This was conveyed to the board through a letter which stated, “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”.
Having been tormented with many health problems, including pancreatic cancer, a liver transplant few years back, it was a surprise that he managed to run the show successfully for many years since the first iPhone. Speculations were high until very recently that he had very short time to live. Be he seems to have lived through those rumors.
Tim Cook, the chief operations officer will take over the reins of this winning company. But some believe that he lacks the vision which Steve has. Will Apple flourish or flounder under him? Time will tell.