He’s not quitting nor is he leaving the company. He’ll serve as “Chairman of the board, director and Apple employee.”

We all knew this announcement would come sooner or later, and no doubt it will bring with it a lot of negative press and speculation about the future of Apple. People already think it’s a fluke that Apple is so wildly successful and they like to attribute it to the “Steve Jobs Reality Distortion Field”.

In his resignation letter, Steve wrote:

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.

Agreed. Apple will be fine and continue to be wildly successful. It’s Steve whom we all hope is okay.

Steve Jobs Resigns as Apple CEO