Steve Jobs Founder of Apple Resigns

Steve Jobs new biography from Amazon

Steve Jobs shows off iPhone 4 at the 2010 Worl...
Image via Wikipedia

Will Apple free fall?  The sale of the stock was suspended before the man made his announcement: Steve Jobs has resigned as CEO of Apple the company he founded.  He has pancreatic cancer.  He said that he would resign when he could no longer carry out his duties. He is a cancer survivor for now but he also looks like a Holocaust survivor since his illness.  What’s next? Markets always said that Apple stock would nosedive if Jobs should ever leave like it did once at the mere rumor that he was to resign after he had the cancer The latest on the falling Apple stock.  It’s still pricey.  I sold mine too early.

Apple shares were suspended from trade before the announcement. They had gained 0.7 percent to close at $376.18.

The pancreatic cancer survivor and industry icon, who has been on medical leave for an undisclosed condition since January 17, will be replaced by COO and longtime heir apparent Tim Cook.

“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.


About heloise8

Meaning of "trough" -- Trough is the bottom of a transverse wave. And generically means a low point or a place to fill. Venus is related to this meaning. Veins are to be filled, and venusian people are loving. The left is more venusian than the right, hence The Trough--where Heloise helps the great and the small. Heloise the politico from Physics preacher, blogger, gardener, beach lover, book lover, writer, author.

Posted on August 24, 2011, in Homme depot, Jewish Market, TV Trough and tagged , , , , , , , , , , , , . Bookmark the permalink. Leave a comment.

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