Steve Jobs Resigns As Apple CEO

The Apple boss has stepped down from his leading role at the company. Here, UG look at his influence on music and technology.

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Steve Jobs has resigned as CEO of Apple.

He will remain involved in the development of new products and company strategy, taking the position of chairman and director of the company, handing the CEO position to Tim Cook.

In a letter to his colleagues, Jobs outlines the reasons for his resignation:

"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.

"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. I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you."

Some believe the resignation is a sign of his worsening health after a long battle with pancreatic cancer, but this has not been confirmed.

Although Apple began as a computer company in 1976, it became hugely influential in the music business in later years with the release of the iPod in 2001. It quickly became a fashionable object to own for both its sleek, minimal design and ability to store 5GB of music - a game-changing amount at the time.

This led to the iTunes store, which remains the highest selling digital music store in the US, and proved that digital music can generate a substantial income for the music industry, even when competing with illegal music downloads. However, some (including UG) have noted that the option to buy single downloads from an album may have impacted on music revenues as much as illegal downloads over the last decade.

Apple are perceived to over-charge for their products, but it is often underestimated how much value they bring to the technology world. Some observers have noted that their huge cash balance of almost $80 billion is more than the US Government currently holds.

Apple's cash reserves allow it to invest in technology and tools for factories in the East which can build new technology at consumer friendly prices, effectively bringing future tech development forward. The result is products like the iPhone and iPad, with other companies finding it difficult to compete on price.

Jobs' replacement, Tim Cook, is believed to be responsible for making future technologies relatively affordable to consumers. Twitter user @WillShipley tweeted this morning an anecdote which demonstrates this point:

"Years ago, when I was still invited to sit in VIP section of Stevenotes, Apple was introducing a new product. The audience was shocked at the performance AND the price.

"I turned to the Apple executive next to me, and whispered What? How is it so cheap? That's better than competitors! Apple's never been cheaper. How did this happen?

"Exec said two words: Tim Cook.

UG wish the best to Steve and his health in the future.

95 comments sorted by best / new / date

    metalgod96
    Wait, so he's not the CEO anymore he's the chairman and director of the company. Isn't that equal or higher than CEO?
    Xenophy
    this is completely irrelevant to music. There is no reason for this article to be on this website.
    theflyingapple
    SkepsisMetal wrote: CoolMcAwesome wrote: this isn't music news. UG fail. Y'know..you really don't live up to your name. I think Steve Jobs' resignation letter could simply have consisted of one word: iQuit
    oh... thats very clever.. well guess what. iDontcare!!
    scimitar_255
    Macabre_Turtle wrote: Igamikun wrote: CoolMcAwesome wrote: this isn't music news. UG fail. Don't know about you, but most of the industry uses apple computers for producing music. There quick and don't crash and don't get viruses and have easy to use programs that are great for any beginning musician and have Logic Pro, which is what a good portion of studios use. 1. They're no faster than a pc in their price range. 2. They do crash. 3. They do get viruses 4. PC's have easy to use programs to. 5. Studios use plenty of programs... There are reason to buy Mac's, but none of those besides the Logic Pro if it's that important to you are good reasons.
    Yet the majority of music studios use macs. It's practically a requirement.
    SkepsisMetal
    CoolMcAwesome wrote: this isn't music news. UG fail.
    Y'know..you really don't live up to your name. I think Steve Jobs' resignation letter could simply have consisted of one word: iQuit
    Gman400
    Haha, figures this article leads straight to Mac vs. PC. Whatever, I like them both, but I'm more comfortable on PC's. I do appreciate MACs for their preinstalled music software and shit, but you can pretty much do the same thing on a quality PC if you want. Also, I do think Apple's products are generally overpriced and not always revolutionary per se, but as fare as gidgets and gadgets go, I think they make the best stuff. Easy to use, accessible, stylish, and good quality. Might be expensive partly due to just having the Apple logo, but you really can't go wrong with any of their products, and thats pretty impressive.
    Macabre_Turtle
    Igamikun wrote: CoolMcAwesome wrote: this isn't music news. UG fail. Don't know about you, but most of the industry uses apple computers for producing music. There quick and don't crash and don't get viruses and have easy to use programs that are great for any beginning musician and have Logic Pro, which is what a good portion of studios use.
    1. They're no faster than a pc in their price range. 2. They do crash. 3. They do get viruses 4. PC's have easy to use programs to. 5. Studios use plenty of programs... There are reason to buy Mac's, but none of those besides the Logic Pro if it's that important to you are good reasons.
    fallen.im
    !!!! Mr. Jobs quit the CEO position to write his own solo album. !!!! This now turns to be a music news.
    Itsooz
    To quote Obi-wan: "I feel a great disturbance in the force, as if millions of fanboys suddenly cried out in terror.."
    Igamikun
    CoolMcAwesome wrote: this isn't music news. UG fail.
    Don't know about you, but most of the industry uses apple computers for producing music. There quick and don't crash and don't get viruses and have easy to use programs that are great for any beginning musician and have Logic Pro, which is what a good portion of studios use. So though it's not news to you, to me a musician that owns an apple computer and uses it for music production, it is news.
    metalfr3ak666
    Gexzilla wrote: metalfan986 wrote: staggguitarhead wrote: Thank you UG, for yet another non-music picece of news. You do realize apple produces the most popular MUSIC player in the world right? And it is sad that people are attracted more to players with prettier menus rather than players with better sound.
    Most people don't use iTunes for the pretty menus, but for the convenience. It's easy to import and organize music, and has many features that players like Media Player doesn't have.
    metalfan986
    JordanDH wrote: metalfan986 wrote: staggguitarhead wrote: Thank you UG, for yet another non-music picece of news. You do realize apple produces the most popular MUSIC player in the world right? I suppose that means we have to start posting all the news from Sony, JVC, HTC, Microsoft, Creative and any other company that makes any kind of music player.
    Which would also mean that we'd have to post news about every band currently in existence right too. Whether you like it or not Apple has played a huge part in how the modern generation gets and listens to their music. There are articles on UG about all other aspects of the music industry why not the consumer side?
    JSmith38
    So what I've been saying is true. Even Steve Jobs is sick of Apple. Good to know.
    pedromiles101
    sk8ter665 wrote: CoolMcAwesome wrote: this isn't music news. UG fail.matt360 wrote: anddd WHY is this on music news ?!?!?BDH2112 wrote: This is music news how? You are all idiots, I'm not an Apple fanboy, but iTunes is the single largest distributor of MUSIC in the world (by quite a considerable margin). Yes, his resignation isn't particularly music related but it might have a significant effect on the future of music distribution. MUSIC distribution.
    lololololol +1
    JordanDH
    metalfan986 wrote: staggguitarhead wrote: Thank you UG, for yet another non-music picece of news. You do realize apple produces the most popular MUSIC player in the world right?
    I suppose that means we have to start posting all the news from Sony, JVC, HTC, Microsoft, Creative and any other company that makes any kind of music player.
    ReaperWaits
    CoolMcAwesome wrote: this isn't music news. UG fail.
    Course not, Apple aren't even a part of the music business. -Facepalm-
    EARNEST
    Mota07 wrote: CoolMcAwesome wrote: this isn't music news. UG fail. iTunes? iPod? Digital Music? CoolMcAwesome Fail.
    So...following your logic UG should report on any news in the IT world: Microsoft, Android, Nero products/servies etc??? New release of a patch for the Windows Media Player...sounds like a good headline, eh?
    Mota07
    CoolMcAwesome wrote: this isn't music news. UG fail.
    iTunes? iPod? Digital Music? CoolMcAwesome Fail.
    hackahobo
    Skuzzmo wrote: nimrod_hahahaha wrote: i have nothing better to do today than come on here and moan that it's not music news. WAAAH WAAAH WAAAAH! Yes, keeping quiet about something that you think is wrong is always the way forward.
    When every UG article that doesn't discuss a band or music festival is met with "how is this news??", it becomes pretty apparent that the posters just want to whine about UG's articles.
    Pikka Bird
    I just know that I'm pleased that I have a Zen rather than an iPod because when it's playing the music at a get-together people won't have a clue how to change the song. Harr harr. I do honestly believe more people should be using Apple computers because they're very user friendly for people who don't really know how to use computers. The PC vs. Mac technicalities don't even apply most of the time, and either side pads their arguments a lot to make their preferred rig seem more powerful. I do hate Apple for actually downright lying in every single one of their "I'm a Mac/I'm a PC" ads, though.
    HarvesterofPain
    Plagueheart wrote: I don't think business news like this should be related to a guitar website . This is merely a business man stepping down, which happens everyday around the world. Absolutely nothing Apple-wise will change due to this. Also, I laugh at any of you still buying iPods. They have one of the worst reproduction qualities you can buy, they force you to convert your music into their extension, and not to mention the price and other bulls****ery that comes with it. Glad I sold mine ages ago to buy a good music player.
    Last time I checked, this was a music website, not just a guitar website. And your arguments against the iPod conversion and repro quality sound almost identical to the vinyl vs. CD vs. MP3 squabble. At the end of the day, there's not that many people who really care, and they shouldn't have to either. Prices are lame, though. Agreed.
    Skuzzmo
    nimrod_hahahaha wrote: i have nothing better to do today than come on here and moan that it's not music news. WAAAH WAAAH WAAAAH!
    Yes, keeping quiet about something that you think is wrong is always the way forward.
    Plagueheart
    I don't think business news like this should be related to a guitar website. This is merely a business man stepping down, which happens everyday around the world. Absolutely nothing Apple-wise will change due to this. Also, I laugh at any of you still buying iPods. They have one of the worst reproduction qualities you can buy, they force you to convert your music into their extension, and not to mention the price and other bulls****ery that comes with it. Glad I sold mine ages ago to buy a good music player.
    nimrod_hahahaha
    i have nothing better to do today than come on here and moan that it's not music news. WAAAH WAAAH WAAAAH! in other news, i just lost my ipod and have just seen the cost to get another one. jobs, i am disappoint
    gramke
    Banjocal wrote: LordBishek wrote: This recession is really hitting the employment market hard if even Apple are losing Jobs. Someone give this guy a medal.
    yes.
    hellspawn1210
    LordBishek wrote: This recession is really hitting the employment market hard if even Apple are losing Jobs.
    I see what you did there... xD
    MetalHeadMat
    "Some observers have noted that their huge cash balance of almost $80 billion is more than the US Government currently holds." No shit, isn't the US Gov. like $54 trillion in debt?
    jetwash69
    jetwash69 wrote: Now Apple can focus on the next hot thing...printers.
    OK, no ONN readers hear. Wut wuz iThink ing?
    mulefish
    ProgJazzMath wrote: It's not even the Apple Fanboys to watch out for, it's the Hate on Apple fanboys. You guys look like idiots.
    +100000
    Nameless742
    sk8ter665 wrote: CoolMcAwesome wrote: this isn't music news. UG fail.matt360 wrote: anddd WHY is this on music news ?!?!?BDH2112 wrote: This is music news how? You are all idiots, I'm not an Apple fanboy, but iTunes is the single largest distributor of MUSIC in the world (by quite a considerable margin). Yes, his resignation isn't particularly music related but it might have a significant effect on the future of music distribution. MUSIC distribution.
    Agreed. You guys are 'tards lol. THere's loads of industry news on UG and this is BIG Music Industry news.
    Zelos45
    LordBishek wrote: This recession is really hitting the employment market hard if even Apple are losing Jobs.
    You win the internet.
    Dennoire
    ProgJazzMath wrote: Spam? How many Apple commercials do you see on televison compared to Microsoft commercials? Apple is so popular because of how loyal they are to their customers. That's also why their customer service is rated the highest for technological devices. And you said they haven't done anything innovative since the original PC with a mouse and VGUI... is that just not enough right there to appreciate this company? They revolutionized the PC world too! Jesus christ guys.
    Apple is popular because they make noob friendly products, and mass market them. And there is certainly no shortage of noobs walking around, looking at pretty fluro backgrounds, with dancing silhouettes of people holding iPods. wanting to buy their products. I guess customer service is pretty important when you sell a noob a terrible product. What has Microsoft got to do with anything? They sell software and xboxes. Yes the first Macintosh was an important step in home computing. That was 27 years ago. I can appreciate that step, but appreciate the company as it stands today? Nope. Ford revolutionised the automobile world 100 years ago with the Model T. Since then they have atleast contributed to the further advancement of the car with along with their competitors.
    spoksbeard
    hes basically cutting back duties because he's sick and keeping some kind of role but cant do all the busy say to day things a ceo has to do.