7 April 2010
Written by Rainer
Steve Jobs Requests Raise
(CUPERTINO) After successful product launch of the iPad on last Saturday when 300 000 were devices sold on the first day, the CEO of Apple (AAPL), Steve Jobs, approached the board of directors today before the iPhone OS 4.0 special media event, requesting a raise of two times of the adjusted to the average inflation since his return to Apple.
If approved it would mean a 5.64% raise to his annual salary of $1 bringing it up to 1,06 USD per annum.
Jobs is backing up his request with his track record of successful product launches starting on 1998 withe the introduction of original iMac. Other successful product launches include the iPod and the iPhone.
The Board of Directors has called in an emergency meeting to process this request. If taking place the increased salary would be subtracted from the dividend of Apple shares and the hit would be spread between the owners. Though the request was presented during time of tough global economic turmoil and not during timed for end of Apple’s fiscal year the board is expected to approve this decision.
LIME follows the development of the situation and will continue to communicate the events to it’s readers.
More accurate news from the NY Times or the MacWorld.
Disclaimer: The author holds insignificant amount of Apple shares