I believe if she could, Queen Elizabeth II would have seen fit to bestow an honorary knighthood on a certain Steven Paul Jobs personally by now; however, these matters require a vote in Parliament beforehand. Sir Bill received his back in 2005 for his contributions to the advancement of computer technology. According to an anonymous senior Labour MP who left Parliament last election, Mr. Jobs had reached the final stages of approval for "services to technology" in 2009, but ended up being rejected by then Prime Minister Gordon Brown.
According to The Telegraph, Jobs turned down an offer to speak at Labour's annual conference, which may have something to do with the rejection. I mean it's not like he couldn't fit it into his light schedule of running the Apple Empire and going on several trips to the hospital for his islet cell neuroendocrine tumor (pancreatic cancer). Mr. Jobs, as usual, doesn't seem to be aware nor care about receiving such an honor for his work as he has always been one of the men that truly enjoy the work itself.
I can't say for sure if this is the real reason behind the rejection; but I am also unable to come up with any plausible reason why Gordon Brown would reject him. Without Steve Jobs, there may never have been personal computers, laptops, MP3 players, or legal digital music distribution. I dislike most of Apple's engineering and business practices, and I think he deserves this honor more than Sir Bill Gates. I hope this oversight is corrected by the current Prime Mister next time Steve Jobs is on the agenda.