Forbes has released its annual list of the 400 richest Americans, and Apple CEO Steve Jobs checks in in 42nd place with a net worth of approximately $6.1 billion. Jobs gained $1 billion in net worth over last year's calculations, but moved up only one position in the rankings.
In January he unveiled Apple's iPad tablet amid a media frenzy; the device has so far beaten the hype with more than 3 million sold since April. In May Apple's market cap overtook Microsoft's to become the most valuable tech company in the world. Despite a super-publicized antenna problem, Apple's latest iPhone sold 1.7 million units 3 days after launch. Majority of fortune comes from Disney; as largest shareholder owns about $4.4 billion of stock. Reed College dropout founded Apple 1976.
Jobs' new net worth of $6.1 billion appears to be his highest to-date after a brief dip last year from highs of $5.7 billion in the 2007 and 2008 surveys.
Microsoft founder Bill Gates remains at the top of the list for the 17th consecutive year with a net worth of $54 billion, up $4 billion from last year but still below his recent high of $59 billion in 2007. The report also notes that Gates has poured $28 billion into charity, primarily through the Bill & Melinda Gates Foundation.
Starting as early as next week, customers who sign up for an Apple Card at Apple's retail stores in the U.S. will receive $249 cash back when they purchase AirPods Pro 3, according to Bloomberg's Mark Gurman. The promotion has yet to be officially announced by Apple, so exact terms and conditions are not available at this time.
AirPods Pro 3 are priced at $249 in the U.S., so customers who...
Apple today launched a new promotion offering new Apple Card holders the chance to earn back the cost of AirPods Pro 3 through monthly cash rebates, but there is a recurring spend requirement attached.
Customers who open a new Apple Card account and purchase AirPods Pro 3 directly from Apple by June 15 will qualify. Starting July 1 and running through April 30, 2027, cardholders can earn $25 ...
Trial production of Apple's long-anticipated foldable iPhone, likely called the "iPhone Ultra," has run into a significant engineering hurdle centered on hinge reliability, according to a known leaker.
The leaker known as "Instant Digital" posted on Weibo that the foldable device's hinge is consistently failing to meet Apple's quality control standards under conditions of prolonged,...
