
Which keeps the question alive: Is this for the true iPhone 5—which'll bear striking resemblance to the iPhone 4, at least from the front—or the expected cheap-o iPhone 4?
If you are wondering how big this thing really is, compare it to the largest digital camera back in the market today, which is only 1.77 x 2.36 inches. The difference is absolutely ridiculous. Feinberg says that now he has the quality of film with the immediacy of digital film—at these sizes, the immediacy of digital film is 30 seconds to take a photo!The development and production of two backs (I wanted to have a spare) was equal to the cost of a good size house – before the housing crash. I know it sounds insane, but the financials on it are not so bad: I used to shoot on average 7.5 Polaroids per photo, and I shoot between 400 to 500 images a year. That's at least 3000 Polaroids. At 15 bucks a pop. Or about 50K per year, minimum. Polaroid was at one point my highest single cost. I am depreciating the back, charging clients for its use, and I was eligible for the technology investment credit. I also took out a loan based on the projected income from the back, so I did not have a huge hit on my bank account.It is certainly not a fantastic rate of return, but the back is designed to last a very long time, so it should generate a strong profit over the long term (And that is not including the all-important photo-related issue that my clients love receiving 8×10 film).
Apple has confirmed that Jobs will stay on as Chairman.I have always said if there ever came a day when I could no longer meet my duties and expectations as Apple's CEO, I would be the first to let you know. Unfortunately, that day has come.
I hereby resign as CEO of Apple. I would like to serve, if the Board sees fit, as Chairman of the Board, director and Apple employee.
As far as my successor goes, I strongly recommend that we execute our succession plan and name Tim Cook as CEO of Apple.
I believe Apple's brightest and most innovative days are ahead of it. And I look forward to watching and contributing to its success in a new role.
I have made some of the best friends of my life at Apple, and I thank you all for the many years of being able to work alongside you.
Steve