Wednesday 24 August 2011

Steve Jobs resigns as CEO of Apple

Steve Jobs’ resignation as chief executive officer of Apple is the end of an extraordinary era, not just for Apple, but for the global technology industry in general. Jobs is a historic business figure whose impact was deeply felt far beyond the company’s Cupertino, Calif. headquarters, and who was widely emulated at other companies.

And now, for the first time since 1997, he won’t be the company’s chief executive who helped change the world of technology. Extremely well-informed sources at Apple say he intends to remain involved in developing major future products and strategy and intends to be active within the company as Chairman of the board, while new CEO Tim Cook runs the company day to day.

CEOs resign every day, so why is this departure so meaningful? Most people are lucky if they can change the world in one important way, but Jobs, in multiple stages of his business career, changed global technology, media and lifestyles in multiple ways on multiple occasions. He did it because he was willing to take big risks on new ideas, and not be satisfied with small innovations fed by market research. He also insisted on high quality and had the guts to leave out features others found essential and to kill technologies, like the floppy drive and the removable battery, he decided were no longer needed. And he has been a brilliant marketer, personally passionate about his products.

In his first act at Apple, the company he co-founded in 1976, he helped envision and catalyze the personal computer revolution. The Apple II computer he developed with Steve Wozniak wasn’t the only mass-market PC released in 1977, but it was the one that had the most enduring impact. In 1984, he again upended computing by leading the development of the Macintosh, the first commercially successful computer to use a mouse and graphical user interface. It cemented the template for how every computer works today, even though Apple was handily bested in the PC sales wars by archrival Microsoft.

After being forced out of Apple in 1985, it’s well known that Jobs ran an unsuccessful computer firm called Next. But he also did a couple of game-changing things during that exile. First, Next developed an operating system that later morphed into the excellent Macintosh operating system, called OS X, and also the operating system that drives Apple’s mobile devices, called iOS.
In addition, he purchased Pixar, a small computer animation firm which he was able, over years, to turn into one of the world’s most successful movie studios and later sell to Disney for billions. It changed animation forever.

In his most recent act, he returned in 1997 to take over as CEO of Apple as part of that company’s purchase of Next. What he found was a diminished company which was reputedly only months from bankruptcy and saddled with mediocre products.
Fourteen years later, the company is a highly profitable behemoth, the most financially valuable and influential technology company in the world, whose every product is eagerly anticipated, snapped up quickly by consumers, and aped by competitors, even though they are often priced higher than rival devices.

While CEO of the revived Apple, he introduced the dominant digital music player, the iPod, and created the most successful digital media service, iTunes. He introduced the first super-smartphone, the iPhone and the only truly successful tablet computer, the iPad, which is in the process of replacing the laptop, at least in part. And he built the world’s largest app store.
These devices and software services have dramatically changed the mobile phone industry, the music industry, the film and TV industries, the publishing industry and others.

Meanwhile, even while declaring that we are in the “post-PC era,” Jobs resuscitated his early baby, the Mac. While it may never become the world’s biggest selling computer, it is lusted after worldwide, and its sales have outgrown those of the overall PC industry for five years running. Plus, with models like the sleek, solid-state MacBook Air, he’s actually merging the tablet and the PC.

Now, rumors are rife that Apple is working on re-inventing another common device: the TV. The secretive company won’t say a word about that, but nobody should be surprised if it happens, just based on Jobs’ track record. That’s why the day Steve Jobs resigns as CEO of Apple isn’t like the day a typical CEO resigns. It is an end of an Era.

The reason I am writing this post is because I am extremely sad to see Steve Jobs relinquish his role as CEO of Apple due to ill health, having recently recovered from pancreatic cancer. I have grown up with Apple. I first used an Apple computer back in the late 1980's, while studying computer science at school using an Apple II. I now use a Mac for photography and graphic design as well as owning an iPhone and iPod. I have seen the whole evolution of this remarkable company from the brink of collapse to go on to become the most valuable company in the world under the guidance of Steve Jobs.

Me meeting Apple co-founder Steve Wozniak will always be a highlight for me, but I will miss the showmanship and charisma of Steve Jobs during Keynote presentation's. He is a marketing genius. I expect all will be revieled in his auto biography, due to be released within two months. Time will tell how this will affect the long term plans and future of Apple. 