Apple’s Steve Jobs again received a salary of $1 in 2004, according to an annual proxy statement filed Tuesday with the Securities and Exchange Commission. Jobs also did not receive stock options or restricted stock from Apple last year. “For years, Jobs, who co-founded Cupertino, California-based Apple, has taken a salary of $1,” reports Reuters. “In March 2003, Jobs voluntarily canceled all of his outstanding options, excluding those granted to him in his capacity as director.” Jobs is Apple’s second-largest shareholder, with more than 10 million shares, or 1.23 percent of the company’s outstanding share count, according to Marketwatch.
Apple’s Steve Jobs again gets salary of $1
By LC Angell
LC Angell was a senior editor at iLounge. Angell is known for her work on various aspects of the Apple ecosystem, including iPhone, iPad, and iPod. In his role at iLounge, Angell was responsible for a wide range of editorial content, including reviews, buyer's guides, news, and features.