Not entirely unexpected - yet handled in the orderly manner we have come to expect from Jobs.
I entirely agree with Baksiidaa's synopsis - and while it seems obvious that this is still health related, I hope that Steve will continue to be able to contribute in whatever diminished role he has opted for. It really sucks that such ill health strikes someone like Jobs, who has contributed so much, and continues to do so.
Apple - Press Info - Letter from Steve Jobs
August 24, 2011
Letter from Steve Jobs
To the Apple Board of Directors and the Apple Community:
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.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
I believe Apple’s brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.