Posts Tagged 'jobs'

$1 annual salary

Plus expenses (up to $1 million), plus other perks (private jet, home security, chauffeur, etc.), oh and don’t forget stock options. Do Apple shareholders really care about Steve Jobs’ total compensation package? Probably not because he’s Steve Jobs. He’s THE man. What if it was someone else? I’m pretty sure they would care. The whole “$1” is kind of silly. We all know he’s getting paid in other ways but it sure sounds good on paper. However it is important to note that Jobs portfolio lost more than a billion dollars in value during the economic downturn. That’s right, “a billion”. So how much do you make?

Steve Jobs not expected at keynote … panic!

Recently Apple has announced that Steve Jobs would not be delivering upcoming the keynote speech. Panic across the board. Stock drops, fanboys (and girls) predicting gloom, bloggers have stuff to write about. The speculation over Steve’s health comes up, yet again. Perhaps it really is an issue or maybe he’s just tired of giving keynote speeches? As well we should consider that nobody likes giving bad news. Fewer new product launches, gloomy economic outlook, definitely not topics you can glamorize, even if you’re Steve Jobs. Everybody likes the guy who gives out the bonuses but hate the guy who does the firing. No news is good news.

Uh oh, maybe there’s something this economy thing

Banks are going under left and right but the technology sector is immune … right? Money automatically flows towards technology companies in good times and bad … right? What’s this? eBay is cutting 1,000 jobs? Uh oh. And they’re going to take a $70 – 80 million charge for restructuring?! This could be trouble. When one of the big boys has to cut jobs things must be on a downswing. The auction game has been in bit of a flux lately. If you noticed eBay cut seller fees a few months ago and I’ve noticed the seller promotions have increased. For eBay things were already on a downswing.

Now if Google has to cut jobs … we’re all in trouble.

Steve Jobs ‘MobileMe sucks’

In an internal e-mail sent to Apple employees this evening, Steve Jobs admitted that MobileMe was launched too early and “not up to Apple’s standards.” The e-mail, seen by Ars Technica, acknowledges MobileMe’s flaws and what could have been done to better handle the launch. In addition to needing more time and testing, Jobs believes that Apple should have rolled MobileMe’s services out slowly instead of launching it “as a monolithic service.” For example, over-the-air iPhone syncing could have gone up initially, then web apps one by one (Mail, Calendar, etc.).

Jobs goes on. “It was a mistake to launch MobileMe at the same time as iPhone 3G, iPhone 2.0 software and the App Store,” he says. “We all had more than enough to do, and MobileMe could have been delayed without consequence.” We agree with that one. (link)

Dell to cut more jobs, close plant

Dell Inc. is committed to reducing costs and will cut more jobs than the 8,800 previously announced in a bid to make the world’s second biggest computer maker more competitive, founder and CEO Michael Dell said Thursday.

At the first full analyst meeting since 2005, Dell addressed the ongoing turnaround of the computer company, which was eclipsed as the world’s largest PC maker in 2006 by Hewlett-Packard Co.

“We have identified a very significant opportunity here and are aggressively going after it,” Dell said. “To be very clear, we are not satisfied with the current state of affairs and we are on a mission to address this.”

Dell aims to cut $3 billion over the next several years to boost profits.

Last year, the company announced plans to cut 8,800 jobs, or 10 percent of its work force. The company this week announced plans to cut 900 jobs in the Austin area by closing a plant. (link)

Making mistakes has been profitable for Apple

One Infinite Loop, Apple’s street address, is a programming in-joke — it refers to a routine that never ends. But it is also an apt description of the travails of parking at the Cupertino, California, campus. Like most things in Silicon Valley, Apple’s lots are egalitarian; there are no reserved spots for managers or higher-ups. Even if you’re a Porsche-driving senior executive, if you arrive after 10 am, you should be prepared to circle the lot endlessly, hunting for a space.

But there is one Mercedes that doesn’t need to search for very long, and it belongs to Steve Jobs. If there’s no easy-to-find spot and he’s in a hurry, Jobs has been known to pull up to Apple’s front entrance and park in a handicapped space. (Sometimes he takes up two spaces.) It’s become a piece of Apple lore — and a running gag at the company. Employees have stuck notes under his windshield wiper: “Park Different.” They have also converted the minimalist wheelchair symbol on the pavement into a Mercedes logo.

Jobs’ fabled attitude toward parking reflects his approach to business: For him, the regular rules do not apply. Everybody is familiar with Google’s famous catchphrase, “Don’t be evil.” It has become a shorthand mission statement for Silicon Valley, encompassing a variety of ideals that — proponents say — are good for business and good for the world: Embrace open platforms. Trust decisions to the wisdom of crowds. Treat your employees like gods. (link)

Why fanboys hate tech reporters?

Mossberg’s column ran for about 900 words; just 70 of them, or 8 percent, by my count, suggested anything even approaching negative criticism. Apple loved the review so much that it excerpted it in advertisements. Apple CEO Steve Jobs quoted it in his speeches. But Mossberg says that his mailbox told a different story. Several Apple fans felt slighted. What did he have against Apple? they wanted to know.

There are many tribes in the tech world: TiVo lovers, Blackberry addicts, Palm Treo fanatics, and people who exhibit unhealthy affection for their Roomba robotic vacuum cleaners. But there is no bigger tribe, and none more zealous, than fans of Apple, who are infamous for their sensitivity to slams, real or imagined, against the beloved company. “It’s funny — even if I write a generally positive piece about Apple, I still get more complaints from Apple partisans” than from opponents, Mossberg says. He has even coined a term for the effect. “I call it the Doctrine of Insufficient Adulation.”

In my years as a tech reporter, I’ve dealt first-hand with Mossberg’s doctrine — as well as its opposite, the PC fans who see a pro-Apple press bias in my work (a few years ago, Salon’s customer service department informed me that a reader called to cancel a subscription in response to my piece, “Hallelujah, the Mac Is Back.”) (link)


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