Apple Computer Accepts Resignation of Steven Jobs

Wall Street Journal

Sep 20, 1985

Cupertino, Calif. -- Apple Computer Inc., as expected, said it accepted the resignation of Steven P. Jobs as chairman and a director.

"I don't know whether he's cleaned out his desk yet," an Apple spokeswoman said. Apple said it is continuing to discuss "whether any actions should be taken to assure protection of (its) interests following Mr. Jobs's announcement that he plans to start a new company."

Earlier this week, Mr. Jobs, the 30-year-old co-founder of the nation's second-largest personal computer concern, announced his resignation after a bitter dispute with management arose over his new venture. International Business Machines Corp. is the largest maker of personal computers.

Mr. Jobs has told directors that he intends to form a new computer company and that he had hired away five Apple employees. Mr. Jobs couldn't be reached for comment.