Apple's executive team have been flogging their stock so they can pay their taxes.

Apple CEO Steve Jobs sold 4.6 million shares to keep the US taxman happy, though even that huge payment won't do a great deal to shore up the deficit-ridden US economy.

Hot on Steve's heels, senior vice president and chief financial officer Peter Oppenheimer, senior vice president of software engineering Bertrand Serlet, and senior vice president of worldwide product marketing Phil Schiller all sold 114,375 of the 250,000 shares they gained this year to pay their tax debts.

Most other senior executives did the same, including outgoing chief software technology officer Avadis "Avie" Tevanian.