Apple CEO Jobs takes $1 for 2010

Reuters, Sunday 9 Jan 2011

Apple CEO Steve Jobs earned another $1 as annual compensation for 2010

Steve Jobs 1
Jobs co-founded Apple in 1976. (Photo: Reuters)

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 worth of shares of Apple common stock. Jobs co-founded Apple in 1976.

Shares of the company rose 50 per cent on the New York Stock Exchange in 2010. The stock closed at $336.12 on Friday.

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