Many Unsure Of Apple’s Future, As Steve Jobs Resigns As CEO.

After 14 years as Apple’s (NSDQ: AAPL) CEO, Steve Jobs announced his resignation today, and relinquished the reigns to right hand man Tim Cook.

 “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,”

This marks the end of an era, not only for Apple, but for technology as a whole.  So what does this mean for Apple’s future? Many are worried that Apple will fall as the leader in computers and electronics, despite analyst’s claim’s that there is no reason to panic. Yet shares still dropped as much as 7% in after hours trades. Even if Apple is doomed to fail with anyone but Jobs as its leader, it’s unlikely to happen anytime soon with Apple’s anticipated release of the iPhone 5 in September, and an iPad 3 in 2012. In fact, Apple has a line-up of releases streched into 2015. This will certainly buy the company some time to adjust to the changes. And even though Jobs is stepping down as acting CEO, he will still be the company’s chairman and will most surely offer his advice and expertise to new head-hancho Tim Cook. After all, they have been working closely with each other for years, and I for one, trust Jobs decision-making skills to appoint a competent replacement.

Many of you already know, Jobs has been on medical leave since January 17, one and a half years after returning from his liver transplant. Only to emerge briefly in March to reveal the newest rendition of the iPad, and later attending a dinner hosted by president Barack Obama for technology leaders in Silicon Valley. Jobs appearance has raised questions about his health and how long his career at Apple will continue. But I think it’s safe to say, he has laid a solid foundation for the company to continue to build upon and be a model for all other tech. companies. Anyone who claims this to be the beginning of the end for Apple, is surely speaking too soon. I believe Apple is, and will continue to be on top for many more years to come!


About Donovan Manuel

Owner of DM Promotional Consulting.
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