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 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
Apple Maps and the flaws with the application have led to $30 billion in lost revenue and could even cost CEO Tim Cook his job, insiders say. Forbes notes that the flaws with Apple Maps and previously with the voice recognition soft... Read Post