Jobs earns salary of $1

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The chief executive of Apple, Steve Jobs, earns a salary of just $1 (£0.50) per year, it has been reported.

According to documents filed with the Securities and Exchange Commission, the creator of the iPod has opted for a token paycheck, although he owns more than $5.4 million in restricted shares received from the company in 2003.

He was also reimbursed $202,000 for his private plane expenses and holds 120,000 stock options, the Associated Press reports.

Meanwhile, gadget producers continue to create new iPod accessories, such as the new-look version of Keyspan's TuneView for iPod remote.

Keyspan president Mike Ridenhour said: "Customers have told us that they love TuneView's ability to browse and manage an iPod throughout their house.

"However, many customers have said that they would favour a different look for the remote."

The remote, first created in December 2006, features a colour LCD screen and a two-way RF connectivity that works through walls and at distances of up to 100 feet.

© 2006 Adfero Ltd

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This page contains a single entry by published on April 17, 2007 9:45 AM.

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