The End of an Era and Mission Accomplished
As someone who has been an Apple user since the Apple ][ (Getting old here

), I have always dreaded this day. Today is a sad day assuming Steve is leaving for health deterioration. However, I have faith and trust in his vision and judgement and truly believe he is doing this for the benefit of Apple as a company and community.
1. Steve is leaving at a time when Apple is at an all time high. He has accomplished the mission and in typical Steve style only handing over his "product" when it is perfect. While Tim Cook has a tough job ahead of him, Steve has ensured he is handing over a very well oiled and efficient machine to his successor. How many CEO's or leaders have done this? I know, not many.
2. I also have faith and trust that the current team and management structure is well designed and organized to maintain the current culture, vision and values of Apple. Steve has instigated this over the years and I believe we will see Apple continue to execute and innovate based on this simple but difficult to achieve vision for years to come. The largest challenge in my view will be for Tim Cook and co to actually plan for succession as well as Steve has.
3. The fact that Steve can remain in the shadows at his pace is actually the biggest insurance policy for all interested parties in Apple, since this transition will have Steve to guide when needed for the short term getting less and less involved as time goes by. This is his way of saying "I am here if you need me".
Finally, I think the Steve legacy will end up being larger than Apple, we will here of countless success stories in the future of people who have worked closely with Steve setting up companies and services with the same passion and commitment to quality and ease of use in other lines of business. The Steve effect will be replicated in many other industries and businesses. Personally, I eagerly await the day a "Steve effect" hits the medical and auto industries. As a person, I wish Steve the best of health and prosperity and hope he gets to enjoy the rest of his life in peace and with his family.