Apple's Jobs earns a dollar

CEO paid small salary, no bonus during year in which company's stock surged over 25 percent.

NEW YORK ( -- Apple CEO Steve Jobs received just $1 for his services in 2006, with no bonus, according to a regulatory filing Monday.

The majority of Jobs' compensation is paid through an equity grant, though he received no new grant in 2006. During the year, a 2003 stock grant fully vested, giving him Apple stock now worth nearly $1 billion.

Shares of Apple (Charts) gained 28.8 percent in 2006.

Chief Operating Officer Timothy Cook received $696,880 in salary, while CFO Peter Oppenheimer received $615,006.

Apple ranked No. 121 on the 2007 Fortune 500.

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