Apple FY2007 Annual Report Highlights

From Macworld UK
Apple has published its annual report for its 2007 financial year to the end of September.

The report into the company's operations in the record-breaking business year, includes a warning that Apple CEO Steve Jobs may see his annual compensation rise. "Because Mr Jobs's continued leadership is critical to Apple, the Compensation Committee is considering additional compensation arrangements for him," the filing says.

Jobs is the company's second-biggest shareholder, with 5.5 million shares, none of which he has ever sold. Jobs presently earns one dollar per year for his work at Apple, and the company also pays for the maintenance and use of his private Gulfstream jet.

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