Steve Jobs reportedly receiving compensation for iPhone sales. [Archive]

kdarling

Nov 9, 2009, 08:13 PM

You're mad that the guy who invented the iPhone is getting money from its sales? Really?

It'd be very surprising if the employees who actually invented the iPhone are getting any royalties.

Jobs himself doesn't invent. He hires people who do so, and then he picks out which parts he likes, and which ones he doesn't. He's very good at that.

Sun Baked

Nov 9, 2009, 08:15 PM

Sorry Ivan, I thought you would have learn to stop working with insider information by now. :p

MBHockey

Nov 9, 2009, 08:31 PM

Maclver

Nov 9, 2009, 08:33 PM

Back in 2003, Jobs publicly stated that he would no longer receive compensation or dividends from Apple. Way to keep your word.
:apple:

shame on Steve Jobs for wanting to earn some money for his hard work at bringing a company back from the grave.. Shame on him.....

sighhhh move on dude!

Prom1

Nov 9, 2009, 08:52 PM

It'd be very surprising if the employees who actually invented the iPhone are getting any royalties.

Jobs himself doesn't invent. He hires people who do so, and then he picks out which parts he likes, and which ones he doesn't. He's very good at that.

I wouldn't say that. Him, Woz, and one other guy who baile out really early before silent & private investment invented the personal computer market for mainstream. They had the vision where eerybody else just went along for the ride until Bill gave them a huge alternative.

I'd say Jobs was behind the vision of the guidance of the iPhone - although fans have been ppleadig for it for years. I bet it was Jobs that wanted th basic interface of calling though.

I'm sure he still invests or augments ideas of others in the company so that they're more marketable.

kdarling

Nov 9, 2009, 09:30 PM

I wouldn't say that. Him, Woz, and one other guy who baile out really early before silent & private investment invented the personal computer market for mainstream. They had the vision where eerybody else just went along for the ride until Bill gave them a huge alternative.

Errr... no. They didn't invent the personal computer market. I would say that Apple was even considered more of an office computer company at first, because their prices were twice everyone else's.

At the same time that the Apple ][ was coming out, so did the Commodore PET and the Tandy TRS-80. Many other home computers followed close behind.

nehunte

Nov 9, 2009, 11:14 PM

Alright, before everybody starts recanting their personal theories on what went on with Apple before they really took off, please go watch the documentary called Welcome to Macintosh: The Documentary for the Rest of Us. It's a great documentary and I recommend it to all. If you have Netflix, then you can can use the watch instantly feature.

kdarling

Nov 9, 2009, 11:51 PM

Alright, before everybody starts recanting their personal theories on what went on with Apple before they really took off,

No need for theories. I was 24 when the Apple II came out and had been programming for six years. I was very well aware of the home computer market. I homebrewed my own first computer from bare chips and wires.

I'm sure there are others here with similar histories.

please go watch the documentary called Welcome to Macintosh: The Documentary for the Rest of Us.

As I said, check out 14:30 into that film, where it talks about how most Apple II's were sold with 16K at around $1600. In 1977 bucks, that was a huge amount. It was not a home computer for the masses.

The point is, there were other personal computers for sale. It was just the right time for them to become popular, with or without Apple.

As for the thread topic, I don't see why Jobs shouldn't get comp'd as CEO for all the sales.

greygray

Nov 10, 2009, 01:00 AM

Back in 2003, Jobs publicly stated that he would no longer receive compensation or dividends from Apple. Way to keep your word.
:apple:

Next FAIL thread please. :rolleyes:

Applejuiced

Nov 10, 2009, 01:03 AM

No way, the CEO receives money from sales of his companys own product?:D

King Mook Mook

Nov 10, 2009, 02:48 AM

Do you have a link to prove any of this? Anything tangible... at all? And even if he is (which I admit, he probably is) I do not remember him making any promise to not get compensation (again prove me wrong). And there is nothing wrong with getting compensation because he deserves it.
King Mook Mook

lollicup

Nov 10, 2009, 04:07 AM

where is your primary source ?

(this is why i love the scientific field... and sort of detest these forums )

firewood

Nov 10, 2009, 04:22 AM

It is not uncommon for a company's board to offer incentive bonuses (above normal and agreed upon compensation) to key management executives for hitting key (usually financial) goals in certain strategic markets. Jobs is a key part of management. And the goals would have to be really high (compared with the economy) if Apple missed them this year.

But who cares? Compared to Apples growing cash position, Steve's Gulfstream is a rounding error (even though I wouldn't turn down a ride in it.)

strike1555

Nov 10, 2009, 05:24 AM

Captain Obvious, ladies and gentleman.

Apparently, you had no idea. LOL!

iGary

Nov 10, 2009, 05:38 AM

Jobs himself doesn't invent.

Is that why he is listed on the iPhone patent as "inventor(s)?"

maflynn

Nov 10, 2009, 06:23 AM

Stop the presses, you mean the CEO of apple is gettnig paid a salary and people here are mad because of that :mad::mad::mad::mad:

Lets just start an online petition (because we know they work so well) and demand that he returns his salary. How dare he work morning, noon and night and expect to receive any sort of compensation.

rdowns

Nov 10, 2009, 06:42 AM

I move that the Internet no longer use the term FAIL and adopt the term BOESKY. All in favor...

slapguts

Nov 10, 2009, 06:46 AM

[CITATION NEEDED]

Kahnyl

Nov 10, 2009, 07:29 AM

It'd be very surprising if the employees who actually invented the iPhone are getting any royalties.

Jobs himself doesn't invent. He hires people who do so, and then he picks out which parts he likes, and which ones he doesn't. He's very good at that.

Just because MacGyver didn't originally manufacture the rubber band and paperclip doesn't mean he didn't invent the bomb he made with them.

Hankster

Nov 10, 2009, 08:19 AM

Steve Jobs takes those iPhone profits and funds his understand anti-American pie revolt. You'll soon see.

Maverick713

Nov 10, 2009, 09:44 AM

I move that the Internet no longer use the term FAIL and adopt the term BOESKY. All in favor...

oh man thats great

kdarling

Nov 10, 2009, 09:55 AM

Just because MacGyver didn't originally manufacture the rubber band and paperclip doesn't mean he didn't invent the bomb he made with them.

That would be a good analogy only if your supposed MacGyver could explain exactly how to take paperclips (electronic & mechanical parts) and make the bomb (iPhone).

But Jobs isn't an electronic or design engineer, nor does he code. He's not a MacGyver himself and never was. He's a salesman and darned good at it.

Jobs hires MacGyvers to make a bomb that's slim and pretty, and then critiques it until the MacGyvers redo it to his satisfaction... then he sells the bomb to millions.

Boesky

Nov 10, 2009, 10:06 AM

Quit trolling in my thread.

firewood

Nov 10, 2009, 11:28 AM

Is that why he is listed on the iPhone patent as "inventor(s)?"

Anyone who contributes to what is claimed (those precisely worded obscure details) in the patent has to be listed as an inventor in order for the patent to cover those claims. If someone said something in a meeting that cause one of the patent claims to be added, tweaked, or improved, that would count as being one of the "inventors".

In a list of inventors, somehow the boss, senior professor, famous CTO, etc., is usually listed first, no matter what the proportion of contribution to the claims.

But IANAL, go consult your own.

gilkisson

Nov 10, 2009, 11:32 AM

I move that the Internet no longer use the term FAIL and adopt the term BOESKY. All in favor...

Aye.

darngooddesign

Nov 10, 2009, 11:50 AM

I move that the Internet no longer use the term FAIL and adopt the term BOESKY. All in favor...

Stop trying to start another facepalm.

darngooddesign

Nov 10, 2009, 11:53 AM

That would be a good analogy only if your supposed MacGyver could explain exactly how to take paperclips (electronic & mechanical parts) and make the bomb (iPhone).

I checked iFixit and they say there aren't any paperclips or rubberbands in the iPhone. :D

But Jobs isn't an electronic or design engineer, nor does he code. He's not a MacGyver himself and never was. He's a salesman and darned good at it.

Jobs hires MacGyvers to make a bomb that's slim and pretty, and then critiques it until the MacGyvers redo it to his satisfaction... then he sells the bomb to millions.

Someone who doesn't understand the process makes an adequate product.
Someone who deeply understands the product makes an excellent product.

That's slightly more than just being a salesman who hires engineers.

smknSRT8

Nov 10, 2009, 11:54 AM

Say it ain't so!!

Sun Baked

Nov 10, 2009, 12:00 PM

Quit trolling in my thread.

Quit starting inane pointless threads that seem more like cries for attention than reality based and informative.

Keep it up and people will follow you around and thread crap, and likely goad you into getting banned.

alent1234

Nov 10, 2009, 12:06 PM

It'd be very surprising if the employees who actually invented the iPhone are getting any royalties.

Jobs himself doesn't invent. He hires people who do so, and then he picks out which parts he likes, and which ones he doesn't. He's very good at that.

it's called stock options and i bet a lot of apple employees take advantage of them. Microsoft, Google and other companies made millionaires out of a lot of working people

thelatinist

Nov 10, 2009, 12:13 PM

Quit trolling in my thread.

Quit threading in my troll.

dejo

Nov 10, 2009, 12:14 PM

Quit trolling in my thread.
Do trolls despise other trolls? :confused:

superstrikertwo

Nov 10, 2009, 12:52 PM

Say it ain't so!!

I will not go!!

FastangV6

Nov 10, 2009, 04:56 PM

I will not go!!

Turn the lights off...

Sun Baked

Nov 10, 2009, 08:27 PM

Do trolls despise other trolls? :confused:

They have a really bad sense of humor, they keep slapping these bumper stickers on each others asses.

http://att.macrumors.com/attachment.php?attachmentid=3570