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.
Related Stories
- Apple’s NC data center to switch to renewable energy
- New HTC handsets face import delay due to Apple
- Apple rebrands third-gen iPad with Wi-Fi + 4G
- iCloud.com beta site reveals Notes, Reminders access
- Apple, others sued over 3G networking
- Apple to share cost of improving Foxconn factories
Comments
If you have a comment, news tip, advertising inquiry, or coverage request, a question about iPods/iPhones/iPad or accessories, or if you sell or market iPod/iPhone/iPad 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
- iLounge Weekly arriving Monday, giveaway update
- DataMan update adds per-app data usage tracking
- National Geographic releases Look & Learn Animals
- Art Authority updated with Retina Display graphics
- iSkin rolls out Fuze, Fuze SE for iPhone 4, 4S
- Foodspotting adds new Place and Profile pages
- IK Multimedia ships iRig Mix
- Jobs played ‘key role’ in developing next iPhone
- gMusic adds ability to edit track info
- iTalk Recorder Premium adds SoundCloud support
Recent Reviews
- Hex Code Folio for iPad 2 + iPad (3rd-Gen)
- Moshi Origo for iPad 2/iPad (3rd-Gen)
- Moshi Concerti for iPad 2/iPad (3rd-Gen)
- Booq Folio for iPad 2/iPad (3rd-Gen)
- Camalen Vision for iPad (3rd-Gen)
- Tuff-Luv Clean-Pad for iPad (3rd-Generation)
- Spigen SGP Folio for iPad (3rd-Generation)
- iSkin Aura2 for iPad 2/iPad (3rd-Gen)
- IK Multimedia iRig MIX Mobile Mixer for iPhone/iPod touch/iPad
- Spigen SGP Diary for iPad (3rd-Generation)
Recent Articles
- Creating an iTunes Match library from an external hard drive
- Benefits of keeping apps in iTunes when using iCloud
- Recovering iTunes from an External Hard Drive
- Normalizing volume levels for Voice Memos
- Replacement iPod nano not appearing in iTunes 9
- iOS Gems: ABC House, Kotomon, Luxor Evolved HD, N.O.V.A. 3 + Trucks HD
- Audiobooks and iTunes Match
- Consolidating apps to a single iTunes Store account
- Tracking down phantom Podcasts in iTunes
- Resetting Forgotten Passcode on iPod touch
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)