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...
At Goldman Sachs’ investor conference Tuesday, Apple CEO Tim Cook gave some rare color on how he views not only his own job as Steve Jobs’ successor, but also his views on the company’s $98 billion cash pile. While he did not make i... 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