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Steve Jobs Resigns

submitted on August 24, 2011 by clover in "Member's Lounge"
Wow! I didn't expect this today! Sad

http://blogs.wsj.com/deals/201.....apple-ceo/
     

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  • 122728
    HouTex
    admin
    Posted by HouTex on August 24, 2011 [reply] 0 0
    Clover, this would make a good poll, as to what effect (if any) people think this will have on the company's stock and/or sales.

    Reuters reports this update -
    The 55-year-old Apple co-founder and pancreatic cancer survivor has been on medical leave for an undisclosed condition since January 17.

    Tim Cook has been elected CEO. As requested, Jobs has been elected Chairman of the Board and will remain with the company in that capacity.
      122729
    • clover
      professor
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      Posted by clover on August 24, 2011 [reply] 0 0
      Very sad!
    • 122739
    • clover
      professor
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      12 11 2
      Posted by clover on August 24, 2011 [reply] 0 0
      Won't let me change it to a poll but I am guessing the news is not going to be good because of the illness. My thoughts are with him and his family. Not a lot of "positive" coming in the news lately.
    • 122748
    • orangearrows
      professor
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      7 1 1
      Posted by orangearrows on August 24, 2011 [reply] 0 0
      Apple saw it's share price go from $5.48 (when he joined) to $400 ( this month ) ...hats off to him.
  • 122734
    orangearrows
    professor
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    7 1 1
    Posted by orangearrows on August 24, 2011 [reply] 0 0
    this is Big - wonder what AAPL looks right now
      122736
    • orangearrows
      professor
      2 3
      7 1 1
      Posted by orangearrows on August 24, 2011 [reply] 0 0
      aaahh ...a 5% point drop - this will get bigger tomorrow morning. AAPL is going to drop in the $200s - for sure.
    • 122738
    • HouTex
      admin
      Posted by HouTex on August 24, 2011
      [reply] 2 0
      Time to buy... Mr Green
      (OA, are you evacuating before hurricane Irene arrives? Eeek )
    • 122742
    • orangearrows
      professor
      2 3
      7 1 1
      Posted by orangearrows on August 24, 2011 [reply] 0 0
      Nah - it's chill here - people are still quaking from the hiccup of an earthquake - we plan on playing paintball on Sat.
    • 122743
    • orangearrows
      professor
      2 3
      7 1 1
      Posted by orangearrows on August 24, 2011 [reply] 0 0
      We have this Call of Duty Scenario setup - with the storm - it will be like a real time Costa Rican adventure.

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