wordpress blog stats
Connect with us

Hi, what are you looking for?

, ,

Steve Jobs Resigns As Apple CEO; Remains Chairman

Steve Jobs, the iconic co-founder of Apple, has resigned as the CEO of the company, saying that the day when he can "no longer meet my duties and expectations as Apple’s CEO" is here. Apple COO Tim Cook, Jobs' successor in waiting, has been appointed CEO, while Jobs has been retained as Chairman of the company's board. 55 year old Jobs has been suffering from a rare pancreatic cancer. In 2004, when Jobs underwent surgery for cancer, Cook had overseen day to day operations. Cook has been with the company for 13 years, and as COO, was previously responsible for the company’s worldwide sales and operations, including end-to-end management of Apple’s supply chain, sales activities, and service and support in all markets and countries. He also headed Apple’s Macintosh division, involved in development of strategic reseller and supplier relationships. Apple is currently the largest technology firm in terms of market capitalization. For the last quarter, the company reported a record net profit of $7.31 billion on revenue of $28.57 billion, with international sales accounting for 62 percent of the quarter’s revenue. It sold 20.34 million iPhones, 9.25 million iPads, 7.54 million iPods and 3.95 million Macs. Keep in mind that Apple is heading into the final quarter of the year, which is the festive season, and typically the best quarter for device manufacturers. Jobs also co-founded and was the CEO of Pixar Animation Studios, after he left Apple in 1985 after a corporate power struggle. Pixar was acquired by Disney.…

Please subscribe/login to read the full story.
Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

Free Reads

News

Tata Restart website was using the trademark of Tata Sons and the image of Ratan Tata.

News

The hackers used the fake Facebook ads to target people based in European countries, specially male users, said the report

News

GPT-4 Turbo with Vision builds upon the foundation of the GPT-4 model, integrating the enhanced token outputs introduced in the Turbo model, and now...

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

NPCI CEO Dilip Asbe recently said that what is not written in regulations is a no-go for fintech entities. But following this advice could...

News

Notably, Indus Appstore will allow app developers to use third-party billing systems for in-app billing without having to pay any commission to Indus, a...

News

The existing commission-based model, which companies like Uber and Ola have used for a long time and still stick to, has received criticism from...

News

Factors like Indus not charging developers any commission for in-app payments and antitrust orders issued by India's competition regulator against Google could contribute to...

News

Is open-sourcing of AI, and the use cases that come with it, a good starting point to discuss the responsibility and liability of AI?...

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ