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
Nearly a year ago Apple executives left their respective offices and traveled the short distance to the Cupertino, CA campus’ auditorium for an iPhone announcement. CEO Tim Cook and SVP Eddy Cue, among others, took to the stage with... Read Post