Apple CEO Steve Jobs receives salary of $1 in 2009

Steve Jobs was compensated $1 for his work as Apple’s CEO in 2009, a tradition that has existed since 1997.

Steve Jobs officially made $1 in salary in 2009, continuing a tradition started in 1997. Apple disclosed this information in a preliminary proxy statement sent to its shareholders on Wednesday.

Jobs holds nearly 5.5 million shares of Apple’s stock, a position he has held steady since 2003, making his holdings in the company worth over $1 billion. He is also the largest single shareholder in The Walt Disney Co. at 7.4 percent.

Earlier in December, Jobs was named the world’s best-performing CEO in the January-Feburary 2010 edition of Harvard Business Review. He was credited with delivering a 3,188% industry-adjusted return since he rejoined the company as CEO in 1997.

Jobs was given the title “CEO of the Decade” by Fortune for his role in turning Apple into a groundbreaking technology leader and “the most valuable company in Silicon Valley.” He was also a finalist for Time magazine’s 2009 “Person of the Year.”

Apple’s annual shareholder’s meeting is currently scheduled for February 25, 2010.

via AppleInsider | Apple CEO Steve Jobs receives salary of $1 in 2009.

Steve Jobs Apple Tablet

Apple Tablet rumors have exploded in the past few days with reports suggesting that Apple may introduce the device as early as January. A New York Times Blogpost by Nick Bilton adds a few tantalizing tidbits about the upcoming device.

As we’ve known, Bilton reports that Apple has been working on a tablet on-and-off for many years but never felt to be good enough to go to market. Some of the previous technology had already been adapted for the iPhone launch. It seems, however, that Apple has finally gotten the tablet to the point to launch to the market, and according to a current senior employee at Apple, Steve Jobs is said to be “extremely happy with the new tablet.”

Furthermore, another source told Bilton, “You will be very surprised how you interact with the new tablet.” No other details are offered as to what this interaction might be. Apple, of course, holds many patents on multi-touch technology and has been expected to apply it to their upcoming tablet. Implementing more advanced gestures have been considered possible, though we’re not sure if this would be considered a surprising interaction.

I am excited to see if they do release this apple tablet. I will probably consider buying one.

AppleInsider | Apple to delay iMac orders, citing display issues

Graphics issues have caused Apple to delay shipments of the 27-inch iMac model until the cause of the problem can be determined.

Apple authorized resellers have reported delays in shipments of new 27-inch iMac models due to reports of display problems. Reports of flickering screens and yellow-tinged displays have become more common around the internet, so much so that a website has been created to catalog reports of issues from users.

According to the Apple iMac (Fall 2009) Issues blog, out of 678 respondents, nearly half have had problems with flickering displays. The author does note that the numbers are part of an “unscientific survey” and should not be considered representative of all iMacs sold.

The blog also reports that Apple resellers have been told of delays of 2 weeks in order to give Apple time to replace the graphics cards on the 27-inch iMacs. The iMac model in question comes in either dual-core or quad-core formats and contain the AMD ATI Radeon HD 4670 or 4850 model graphics cards.

Computerworld reported that multiple U.S. resellers report delays of anywhere from five days to two months.

AppleInsider noted in late November that users were reporting issues with the 27-inch model, with some receiving dead computers and others receiving models with cracked displays. Issues of stuttering when playing flash content were also common and were fixed for some by an update in early November.

via AppleInsider | Apple to delay iMac orders, citing display issues.