In yet another PR stunt, Apple’s Chief Steve Jobs takes a $1 salary for the year 2010 but the company does a good job releasing it to the media and outside authorities.
Apple Inc Chief Executive Steve Jobs earned another $1 in salary 2010, the technology company said in a regulatory filing on Friday. Jobs has received annual compensation from Apple of only $1 since 1997. He owns $5.5 million shares of Apple common stock. Jobs co-founded Apple in 1976.
Shares of the company rose 50 percent on the New York Stock Exchange in 2010. The stock closed at $336.12 on Friday.