Steve Jobs’ resignation ‘end of an era’

Steve Jobs' resignation Wednesday as the CEO of Apple will not disrupt the company's product plans in the short-term, but could dull its ability to dazzle consumers down the road, according to one analyst.

"Apple is fine, and will be," said Ezra Gottheil, an analyst with Technology Business Research. "Apple knows what it's doing for the next big thing, maybe the next two next big things. They lose the showmanship of Jobs, but [the company's executives] have their marching orders."

Shortly after Jobs submitted his resignation, the Apple board of directors took his advice and named Tim Cook, formerly the chief operating officer, as the new CEO. Also on Wednesday, Jobs was named chairman of the board. Read more...