Steve Jobs retires from CEO at Apple shortly before his death

Steve Jobs passed away on October 6, 2011.

Steve Jobs passed away on October 6, 2011.

Noah Abramovitz '14, Staff Writer

In this world where corporate greed runs amok, and cynicism is ever present, a small fraction of corporations have been operating in the correct way. One of these corporations that has from the beginning set an example as a leading innovator in portable electronics is Apple Incorporated.

While the departure of Steve Jobs certainly is an unfortunate event, it only marks the end of one phase in the history of the company.

Steve Jobs had always said that he would step down if he could “no longer meet his duties and expectations as Apple’s CEO.” It appears that his case of pancreatic cancer has finally gotten the best of him.

He was first diagnosed with the disease in 2004 and after a recent string of medical operations, including a liver transplant; he has decided that he can no longer be a beneficial contributor to the company.

While many fans of Apple’s products may disagree, it is comforting to know that he has will still have a high position within the company: Jobs has now been named the chairman of Apple’s Board of Directors, and will still play a major role in supervising the direction of the company.

Jobs’ retirement does not mean that we will cease to see awe-inspiring products such as the iPad or the iPhone, nor that Apple Incorporated will run into the ground (though their stock did right after Jobs retired).

Jobs heartily endorsed the appointment of long time number-two-man Tim Cook as the CEO.

Cook has already had much experience at the top, having filled in for Jobs during his numerous medical leaves of absence. Everyone seems to recognize the fact that Cook has been given a seemingly impossible role to fill.

Arguably, he needs to be able to replace one of the brightest business visionaries the world seen. In this day, with competing software such as Windows 7 for computers and the Android technology for smartphones, Apple has reached a crossroads.

For the past five years it has been dominating the technology market, pioneering the most intricate and advanced computer hardware and software.

Apple has always put their faith in Steve Jobs, trusting him to lead the company to the top, and right now the worry is understandable.

But, according to Steve Jobs they have nothing to fear. In a letter from Jobs to the Apple Board of Directors and the he said, “I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.”

Steve Jobs passed away on October 6, 2011.