Thoughts?
I'm happy to see what appears to be a painless transition for the company. They put a lot of care into the timing of this announcement, even though it's probably been some time since he's actually ran the company day-to-day. People should remember that Jobs came back to Apple when the company was all but bankrupt. Now, in only a little over a decade, it's the second largest company in the world, when measured by market share, and they're sitting on $70+ billion in cash.
Steve Jobs owns, in other words. And yeah, he's still the chairman, so he's far from out of the picture.