News
Apple CEO again takes $1 salary
Apple CEO Steve Jobs again took a salary of only $1 in 2006, according to an Apple filing with the Securities and Exchange Commission. “The majority of Jobs’ compensation is paid through an equity grant, though he received no new grant in 2006,” reports CNN/Money. “During the year, a 2003 stock grant fully vested, giving him Apple stock now worth nearly $1 billion.”
Other Apple executives also fared well. Apple Chief Financial Officer Peter Oppenheimer realized $56 million in value from stock options during 2006, in addition to a $615,000 salary, a $450,000 bonus and restricted stock valued at $14 million. Apple Chief Operating Officer Tim Cook received a salary of $697,000, a $525,000 bonus, and restricted stock valued at $22 million in 2006.
Share This Article & Win an iTunes Gift Card. Next: Apple having difficulties with iPhone development?
Previous: Motionbox to offer personal video downloads for Apple TV
Comments
If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods or accessories, or if you sell or market iPod products or services, read iLounge's Comments + Questions policies before posting, and fully identify yourself if you do. We will delete comments containing advertising, astroturfing, trolling, personal attacks, offensive language, or other objectionable content, then ban and/or publicly identify violators.
Recent News
- iPodweek newsletter coming shortly
- Ngmoco releases Rolando 2: Quest for the Golden Orchid
- L.A.-based band uses iPhone to record new single
- iPhone patent filings: haptics, fingerprints, karaoke, packaging, more
- Apple, developers wrestling over App Store pornographic content policy
- AT&T memo touts record-breaking iPhone 3GS launch
- New iPhone 3GS ad highlights video features
- Winners of iPWR SuperPack Giveaway announced
- iLounge announces Tekkeon myPower Giveaway
- Nike+ site updated, adds some iPhone/iPod touch access
Recent Reviews
- Gameloft S.A. Castle of Magic
- Altec Lansing BackBeat 903 Wireless Stereo Headphones
- id Software Doom Resurrection
- Blackmagic Design Video Recorder with H.264 Encoding
- Ultimate Ears UE 4 Pro Custom Monitors
- Kensington Bluetooth Stereo Headphones with Microphone
- Avantalk Multimedia Wireless Speakerphone BTSP-200
- Apple iPhone 3GS (16GB/32GB)
- Apple iPhone OS 3.0
- Ozaki iCommand Controller for iPod shuffle 3G
Recent Articles
- Weird + Small Apps 19: A.D.D. Lite, Archon Classic, iYamato, Warpack Grunts + More
- Ask iLounge 6-26-09
- Instant Expert: Secrets & Features of Apple TV 2.4
- Weird + Small Apps: Blue Block, Guess!, Idiot Test, ThreadBound, Water Toy, myXident, StamPa + More
- Ten Things You Didn’t Know About Apple’s iPhone 3GS
- Editorial: Why No Lines at iPhone 3GS’s Launch is Good For Apple, and You
- The One-Page Guide to iPhone 3G, 3GS, and iPod touch Differences
- Editorial: Developers’ iPhone OS 3.0 Features Work, With Key Caveats
- Editorial: In-App Purchasing Shame - $1-per-Minute GPS is Here, is Psychic Friends Next?
- Instant Expert: Secrets & Features of iPhone OS 3.0
1
Good for Steve. It’s always assumed that Steve loves what he does, and because of this, money doesn’t matter.
Posted by hoshieBIOTpod on April 17, 2007 at 1:18 PM (PDT)
2
Yeah….I’m sure the $1 billion in stock options has nothing to do with it…
Posted by Chris on April 17, 2007 at 6:03 PM (PDT)
3
The YouTube CEO received a $1 salary as well, but then there is those extra perks. BUT, they were no where close to what Jobs got.
Posted by Sanjaya on April 22, 2007 at 10:08 AM (PDT)