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Steve Jobs ranks No. 1 in CEO compensation | |
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| Time: 15:21 EST/20:21 GMT | News Source: MacNN | Posted By: Erick Cordero | ||
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Steve Jobs ranked at the top of California's highest-paid chief executives, despite earning only $1 in salary per year, according to The Los Angeles Times. | ||
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| #1 By 19992 (164.214.4.61) at 6/10/2004 1:21:21 PM |
| Well he makes most of his money via bonuses based on Apples performance. Seems reasonable to me, make his paycheck (ultimately) directly ties to the performance of the company. |
| #2 By 3339 (64.160.58.135) at 6/10/2004 4:29:59 PM |
| Mr. Dee, margins on hardware have been dropping since Jobs return, moron. Jobs compensation has no relationship whatsoever with product pricing. |
| #3 By 3339 (64.160.58.135) at 6/10/2004 8:26:31 PM |
| I have no issues. I am calm. I even have a smile on my face. But I warned you: stop the idiocy, or I will show you what I am capable of. Stop posting retarded comments. |
| #4 By 6859 (206.156.242.36) at 6/11/2004 10:46:35 AM |
|
Argue all you want that doesn't change the fact that Apple products are vastly overpriced for what you get.
If Apple were to fall in line with their pricing model there would be cheaper Macs on the market, a higher number of Mac users, and a lot more sales for Apple. They're keeping their prices artificially inflated for a purpose. A stupid purpose, but it's intentional. Far be it from me to point fingers as to why they're doing it.... As for Job's salary, that's a freakin' joke. That sort of thing shouldn't be even allowed. $1 per year is in violation of the federal minimum wage laws. He should be taking home at least $10000 a year as a base salary, assuming 40 hr weeks, 52 weeks a year at minimum wage. The bonuses based on Apple performance notwithstanding. |
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