ahlam1399
01-20-2017, 07:11 PM
Apple CEO Tim Cook (http://www.macrumors.com/roundup/tim-cook/) sold 30,000 shares of Apple stock this week, valued at $3.6 million based on the company's stock price of $120 at the time of the transactions, according to a U.S. Securities and Exchanges Commission disclosure (https://www.sec.gov/Archives/edgar/data/320193/000162828017000312/xslF345X03/wf-form4_148486878103532.xml). The shares were sold as scheduled pursuant to Cook's predetermined trading plan.
http://cdn.macrumors.com/article-new/2017/01/tim_cook_hands_raised.jpg
Cook retains 1,009,809 company shares worth over $121 million based on Apple's current stock price following the sale.
A recent SEC filing revealed Cook was paid $8.7 million in 2016, which is $1.5 million less than he was paid in 2015 (http://www.macrumors.com/2017/01/06/apple-shareholders-meeting-2017/). The decrease stems from Apple failing to meet its own target performance goals for both net sales and operating income in 2016, resulting in senior executives receiving only 89.5% of their cash incentives.
However, upon reaching his fifth anniversary as Apple CEO last year, Cook cashed in nearly $137 million (http://www.macrumors.com/2016/08/24/tim-cook-apple-ceo-five-years/) in previously-awarded stock bonuses tied to both his tenure and Apple's performance under his leadership. Accordingly, after bonuses, Cook actually earned roughly $145 million last year, his biggest payout yet.
Yesterday, Apple analyst Neil Cybart opined (https://www.aboveavalon.com/**tes/2017/1/19/grading-tim-cook) that Cook and his inner circle are "doing what needs to be done in order to maintain Apple's relevancy," but he **ted "there is room for improvement." He called out sporadic Mac and iPad updates, and slow progress with Siri (http://www.macrumors.com/roundup/siri/), as two blemishes among others in its product strategy.In attempt to add a bit of relative context to this subjective grading:
? Product Strategy: A-
? Product Pipeline/R&D: A
? Operations: B-
? Marketing/Storytelling: C+
? Culture: B+
? Public Face: A+
? Financials: BIn related shareholder news, the world's largest asset manager BlackRock has increased its stake in Apple (http://investor.apple.com/secfiling.cfm?filingID=215457-17-1275&CIK=320193) and **w holds 6.1% of outstanding shares in the company, up from 5.7% a year ago. Its 322,683,504 shares are valued at over $38.7 billion based on Apple's current stock price.
Tags: Tim Cook (http://www.macrumors.com/roundup/tim-cook/), AAPL (http://www.macrumors.com/roundup/aapl/), SEC (http://www.macrumors.com/roundup/sec/), Above Avalon (http://www.macrumors.com/roundup/above-avalon/)
Discuss this article (http://forums.macrumors.com/threads/tim-cook-sells-shares-gets-passing-grade.2028552/) in our forums
http://feeds.feedburner.com/~ff/MacRumors-All?d=6W8y8wAjSf4 (http://feeds.macrumors.com/~ff/MacRumors-All?a=rnR8-pRlAGM:JOw4QVTmqxs:6W8y8wAjSf4) http://feeds.feedburner.com/~ff/MacRumors-All?d=qj6IDK7rITs (http://feeds.macrumors.com/~ff/MacRumors-All?a=rnR8-pRlAGM:JOw4QVTmqxs:qj6IDK7rITs)
http://feeds.feedburner.com/~r/MacRumors-All/~4/rnR8-pRlAGM
أكثر... (http://www.macrumors.com/2017/01/20/tim-cook-sells-shares-gets-passing-grade/)
http://cdn.macrumors.com/article-new/2017/01/tim_cook_hands_raised.jpg
Cook retains 1,009,809 company shares worth over $121 million based on Apple's current stock price following the sale.
A recent SEC filing revealed Cook was paid $8.7 million in 2016, which is $1.5 million less than he was paid in 2015 (http://www.macrumors.com/2017/01/06/apple-shareholders-meeting-2017/). The decrease stems from Apple failing to meet its own target performance goals for both net sales and operating income in 2016, resulting in senior executives receiving only 89.5% of their cash incentives.
However, upon reaching his fifth anniversary as Apple CEO last year, Cook cashed in nearly $137 million (http://www.macrumors.com/2016/08/24/tim-cook-apple-ceo-five-years/) in previously-awarded stock bonuses tied to both his tenure and Apple's performance under his leadership. Accordingly, after bonuses, Cook actually earned roughly $145 million last year, his biggest payout yet.
Yesterday, Apple analyst Neil Cybart opined (https://www.aboveavalon.com/**tes/2017/1/19/grading-tim-cook) that Cook and his inner circle are "doing what needs to be done in order to maintain Apple's relevancy," but he **ted "there is room for improvement." He called out sporadic Mac and iPad updates, and slow progress with Siri (http://www.macrumors.com/roundup/siri/), as two blemishes among others in its product strategy.In attempt to add a bit of relative context to this subjective grading:
? Product Strategy: A-
? Product Pipeline/R&D: A
? Operations: B-
? Marketing/Storytelling: C+
? Culture: B+
? Public Face: A+
? Financials: BIn related shareholder news, the world's largest asset manager BlackRock has increased its stake in Apple (http://investor.apple.com/secfiling.cfm?filingID=215457-17-1275&CIK=320193) and **w holds 6.1% of outstanding shares in the company, up from 5.7% a year ago. Its 322,683,504 shares are valued at over $38.7 billion based on Apple's current stock price.
Tags: Tim Cook (http://www.macrumors.com/roundup/tim-cook/), AAPL (http://www.macrumors.com/roundup/aapl/), SEC (http://www.macrumors.com/roundup/sec/), Above Avalon (http://www.macrumors.com/roundup/above-avalon/)
Discuss this article (http://forums.macrumors.com/threads/tim-cook-sells-shares-gets-passing-grade.2028552/) in our forums
http://feeds.feedburner.com/~ff/MacRumors-All?d=6W8y8wAjSf4 (http://feeds.macrumors.com/~ff/MacRumors-All?a=rnR8-pRlAGM:JOw4QVTmqxs:6W8y8wAjSf4) http://feeds.feedburner.com/~ff/MacRumors-All?d=qj6IDK7rITs (http://feeds.macrumors.com/~ff/MacRumors-All?a=rnR8-pRlAGM:JOw4QVTmqxs:qj6IDK7rITs)
http://feeds.feedburner.com/~r/MacRumors-All/~4/rnR8-pRlAGM
أكثر... (http://www.macrumors.com/2017/01/20/tim-cook-sells-shares-gets-passing-grade/)