Popular Now: The Developer Crunch in South Africa

Next Previous

Steve Jobs cashes in with his $1 salary

Published by on Apr 19th, 2007, No Comments

stevejobs21.jpgApple Chief Executive Steve Jobs received an $1 salary last year, according to documents filed by the electronics manufacturer on Monday.
Although, don’t be fooled despite the fact that Steve is a dollar billionaire he still owns more than 5,4-million in restricted shares, worth about $496-million (R3,5-billion) on Monday at the close of trading.

Shares of Apple have soared in the past year on the back of stronger computer sales and revenue from its iPod portable music player sales. Apple’s market capitalization has grown to more than $78-billion, and industry analysts expect Apple’s fortunes will only swell with the iPhone, a smart phone-iPod combination scheduled to go on sale in June.

Read more about this story here, here and here.

Related Posts

Comments

http://www.bandwidthblog.com/wp-content/themes/cnnetwork