Apple costs over $US600 a share and has nearly an unfathomable $US100 billion in cash lying around. So is it any wonder its CEO is paid more than the national wealth of a small island nation?
Bloomberg reports “Tim Cook was the highest-paid chief executive officer in the US last year,” comprised of a modest “$US378 million, [including] salary, perks and bonuses ($US1.8 m...
Apple CEO Tim Cook had dinner with billionaire investor Carl Icahn last night, and Icahn gave him an earful: He says he "pushed hard" for a $150 billion buyback for shareholders, reports Bloomberg. And as a new Moody's analysis show... Read Post
Apple now has $145 billion in cash and it needs to do something about it. That’s why Apple CEO Tim Cook just announced that the company will initiate a stock buyback. It means that Apple will used part of its cash to repurchase exis... Read Post