Wednesday, August 24, 2011

Aug 24, Daily News

Steve Jobs resigns from Apple, Tim Cook becomes CEO. Silicon Valley legend Steve Jobs on Wednesday resigned as chief executive of Apple Inc in a stunning move that ended his 14-year reign. Steve Jobs saying he can no longer handle the job. Apple said Jobs was elected board chairman and Cook is becoming a member of its board. Analysts do not expect Jobs' resignation, and Apple's stock price fell. There are many people concerned about a new iPhone in September and a third iteration of the iPad tablet in 2012.

According this news, we know Steve Jobs resigns as Apple CEO, says he can no longer handle job, and Tim Cook becomes Apple CEO. The leader of Apple is replaced, it makes Apple's stock price fell. This phenomenon exposes leader always plays an important role in company. A good leader can led company to the peak. Instead, the company will receive low.

Gupta, Poornima. "Steve Jobs Resigns from Apple, Cook Becomes CEO - Yahoo! News." Yahoo! News 24 Aug. 2011. Web. 24 Aug. 2011.

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