“Apple Inc. Chief Executive Officer Steve Jobs, who received $1 in salary last year, may reap a potential profit of $13.7 million by exercising options to buy shares,” Phil Serafino reports for Bloomberg.
“Jobs bought 120,000 shares for $5.75 apiece this week, according to a regulatory filing yesterday. The Cupertino, California-based company gave Jobs the options under a 1997 plan for directors, according to an April filing. Jobs hasn’t sold the shares and has no plans to do so at this time, Apple said,” Serafino reports.
“Jobs now owns 5.55 million Apple shares, worth about $665 million, based on yesterday’s closing price. His options on the 120,000 shares would have expired Aug. 14,” Serafino reports.
Full article here.
“David Svendsen the Ex-Chairman of Microsoft Europe”
And I suppose Mr. Svendsen was agenda free? Or does that explain the ex-chairman part?
Apple is a great company, Steve Jobs has done an amazing job and I own Apple products. Other than Office I have no Microsoft products. I am an Apple fan/owner.
David Svendsen, did extremely well at Microsoft, before retiring and he has made it clear to me he thinks Apple products/software are brilliant.
Bill Gates, has done very, very well with his software, although Apple’s is better, in my opinion and by the sound of things yours.
Give me Apple any day – so why try and argue?
“Give me Apple any day – so why try and argue?”
I agree. However, enjoying Apple products and appreciating the company has nothing to do with the fallacies in your original statements. Too many people think that repeating something often enough makes it true. I have no beef with you just with what you said. On a related note, posters to this site have recently commented that coworkers firmly believe Apple was purchased by Microsoft in 1997.
Have you ever heard of the San Francisco Canyon Company?
(http://en.wikipedia.org/wiki/San_Francisco_Canyon_Company)
You said, “Yeah, but like Cedric said. The man is so frickin rich already, does he really even need to make more? Does it even make a difference if Apple pays him a $1 dollar salary or a 10 million dollar salary?”
Bill Gates takes a salary (I believe) and is a Billionare. Money, Money, Money.
One CEO works to make money.
One CEO works to make insanely great products.
Hmmmm, which do I want making my electronics?????
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