Article: Steve Jobs Resigns from Apple Effective Immediately

You can view the page at http://www.dtvusaforum.com/content.p...ve-Immediately

One thing that is often forgotten is that Steve is the largest private shareholder of the Walt Disney Company and is also on the board. This isn't going to change. Disney isn't just the theme parks. They own a ton of TV properties from ABC to ESPN and have their hands in a ton of other stuff.

Tim Cook was given a million restricted shares as the new CEO. However the shares vest in 5 years. At today's value those shares are worth some $383 million. However, if the growth that AAPL has seen continues on its current trend, that number could easily soar to $15bn. Needless to say I'm holding on to my AAPL shares for now.

He is also now the most powerful gay man in America, which is sure to make the LGBT community proud.

Originally Posted by n2rj

Tim Cook was given a million restricted shares as the new CEO. However the shares vest in 5 years. At today's value those shares are worth some $383 million. However, if the growth that AAPL has seen continues on its current trend, that number could easily soar to $15bn. Needless to say I'm holding on to my AAPL shares for now.

xkcd: Extrapolating



- Trip

True, but analysts say that there's a good chance that AAPL will continue to grow. There's no reason for them not to. Even when Steve is finally gone.

BTW, Steve isn't resigning from Apple, he's resiging as CEO but he will still be chairman of the board and I'm sure he'll have his hands in a lot of major decisions. He's just turning over day to day ops to Tim, which he was doing anyway.