I can't believe there still hasn't been a topic on this! What will happen to Apple?!?! I'm sure the iPhone 5 will blast the competition out of the water and business will continue as usual... for now. How can investors feel about this change?
Last time I checked a few days ago, I believe I saw Apple was the #1 company in the U.S. (Higher market value than Exxon!)
It's late... just finished an 18 hour day. About to PTFO... just thought I'd start the discussion.
On a somewhat related note, I think I'm going to try to sell my iPhone 4 on ebay for like $400 and just get the 5 with contract in a few weeks... 
I posted a status update after it happened. Didn't have time to post though.

Make sure you sell your iphone 4 before the new one is announced. The price will drop like a rock once they five is on the horizon.
Oh, I've been talking about it with the staff all day.
I should have made a topic, but meh.
This is kind of interesting, and sort of concerning since I doubt Steve Jobs would issue this hasty statement (on a Wednesday to boot!) unless it being absolutely necessary.
Why do you say it was a hasty statement? He may have had it planned for weeks.

They already had a succession plan in order and he wanted to release the statement before the iphone 5 was announced so that it over shadows his departure. He resigned late in the day, most likely to try and ease the stock fluctuation. (announcements during after hour trading tend to be less damaging. )
They have to, to compete the with multitude of Android and Blackberry phones out there. There's only one current iPhone model at any one time, whereas there are probably dozens of competitor phones out there.
They currently sell two iPhone models and support three.
It's a shame they can't just make one reliable resilient phone and support it. What's worse is people keep buying the new ones.....
because the new ones keep getting better.

Better camera, better displays, faster processors, more capabilities ( such as multitasking ) People have to keep up with the Joneses.
People will complain about anything. We have had someone complain about the Program Manager because they liked Abrosia being standalone better. Sometimes you just have to ignore them.
You can't ignore them! Just gotta recognize that their opinion isn't necessarily the correct one or in the best interest of the company/organization/site.
What you fail to understand is that they are actually withholding features to implement in future versions to force people to update. Did you know that the first version of the Iphone couldn't even send MMS messages? Apple makes more from the sheer stupidity of their consumers, then they make from the quality of their product.
Regardless, in the coming weeks, buy a shiftfuckton of apple stock. It will go back up and you will make some easy money.
A little arrogant to say that apple makes more from the stupidity of consumers than from quality when you look at BOE numbers on devices. For AT&T the iPhone 3GS is one of the highest selling phones yet compared to say the HTC Inspire, Samsung Infuse, or Motorola Atrix the return numbers are incredibly lower.
If a device sells 10 to 15 times more volume but has less returns do to buyers remorse or defective devices which would you say is the better product? The iPhone is clearly the better product.
HAHAHAHAHAHAHAHAHAHAHA
Thanks for the pick me up 
I don't think Cody understands the difference between market value and market cap. Apple had the highest market cap for a few moments. Several companies have higher market value.