Apple Chief Executive Steve Jobs received an $1 salary last year, according to documents filed by the electronics manufacturer on Monday.
Although, don’t be fooled despite the fact that Steve is a dollar billionaire he still owns more than 5,4-million in restricted shares, worth about $496-million (R3,5-billion) on Monday at the close of trading.
Shares of Apple have soared in the past year on the back of stronger computer sales and revenue from its iPod portable music player sales. Apple’s market capitalization has grown to more than $78-billion, and industry analysts expect Apple’s fortunes will only swell with the iPhone, a smart phone-iPod combination scheduled to go on sale in June.
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