The Wall Street Journal has revealed that Apple CEO Steve Jobs has resigned. The CEO position will be filled by former COO Tim Cook and Jobs has been elected as chairman of the board.

Two things will now happen: idiots will say nasty things about Jobs and speculate on his health, and Apple’s stock will nose-dive. Here’s what I think:

  • Jobs was a visionary for Apple. Twice. And he was a visionary for NeXT. For all we know, he may still have many more products to be involved with and inspire Apple on to further greatness.
  • If Jobs has pretty much no further role in Apple, the company pretty much is Steve Jobs. Jobs has turned the company into a gigantic version of himself, demanding quality and innovation and the best for the consumer. With Jobs gone, that is not going to change.
  • Cook has pretty much been the CEO of Apple since January. In that time, AAPL has gone from lows of $322 to highs of over $400. Apple is now battling with Exxon Mobil for the prized position of the world’s largest company. This was under Cook’s watch. He has already proved himself in the industry, although I suspect the market won’t—initially at least—see it that way.

Regardless, I’d like to say a public thank-you to Steve Jobs. Much of my working life has been heavily based around Apple and while I bitch and moan about all kinds of Mac- and iOS-related issues, I truly love technology and the potential it brings to improve life. I strongly believe Apple is the finest company in its field, and that Steve Jobs was instrumental in making that happen.

I’ve no idea what the future holds for Steve Jobs and I don’t really care to speculate on his health; but whatever it holds, I sincerely hope he has time to see Apple’s continued success and also to spend his days doing what he loves best, whatever that may be.