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Re: Apple, Jobs, and the irony of it



Paul Grammens wrote:

"Richard Kilpatrick" <richard@dmc12.demon.co.uk> wrote in message
news:+1Vn$1AzipQ$EwQV@dmc12.demon.co.uk...


In message <vk4iq1q2kmrcb3@corp.supernews.com>, Paul Grammens
<grammens@svn.net> writes


"A review of total pay from 2000 through 2002 for 243 CEOs running



companies


with 2002 revenue of $5 billion or more also shows that total pay ranged



from a low of $336,000 a year received by Berkshire Hathaway Inc.'s


Warren


Buffett to $219 million a year for Steve Jobs of Apple Computer Inc. "


So? It's his company. He co-founded it. Without Jobs, Apple wouldn't
exist. Without Jobs' return, Apple would not be the company it is today.

He has, IMO, earned every penny he makes, no matter how little he really
does now, because it is his baby.

If I'd done it, I'd hardly be saying 'no, don't give me that much
money'.




It isn't "his company" any more and hasn't been for a long time. It
literally belongs to the shareholders.  They're getting a very poor value
for their CEO dollar, where Bershire Hathaway shareholders are getting an
excellent value for their CEO dollar.  That's the whole point of the
article.


IF they agreed with you, they could vote him, and the board, out of office.
Or, they could sell their stock. But then that means that others would think that, at a certain price, the stock is worth it, and Jobs is worth it.
The problem is, as you've complained many times, you aren't making enough to make a living, and he's making tons of money. 

You are complaining because you don't think that's fair.
But what you are really saying is: you wish that you were valuable enough that someone would pay you that much money. 



I think it's quite newsworthy that Jobs is #1 on the list of overpaid CEO's.
-Paul






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