Apple Update: Tim Cook pay, shareholder proposal, App Store sales

Apple Update: Tim Cook pay, shareholder proposal, App Store sales

According to documents filed with the federal Securities and Exchange Commission, Apple CEO Tim Cook earned $ 10.3 million, which was actually less than most of the other members of Apple’s executive team. Cook received his $ 2 million annual salary, performance bonuses totaling $ 8 million, and “other”compensation of around $ 280,000, which may be related to travel and security expenses. The total is approximately $ 1 million more than he was compensated in 2014, but revenue for the company grew its revenue by $ 50 billion and net income by $ 15 billion over the course of fiscal 2015….

Loading...


MacNN | The Macintosh News Network

Share:

loading...