Steve Jobs Resigns as CEO of Apple

The World

Apple announced last night that Steve Jobs, co-founder and chief executive of the company, would immediately resign from his position. Tim Cook, chief operating officer there, will replace him. In a public letter, Jobs said “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.” Jobs will stay on at Apple as chairman of the board. Shortly after the news broke, Apple shares fell seven percent.   We’re discussing the news with Steven Levy, senior writer at Wired, and Ken Auletta, author of the “Annals of Communication” column for The New Yorker.

Invest in independent global news

The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!