Friday, 22 March, 2019

Apple's Tim Cook got big pay bump in 2018: filing

Apple has a big new product coming this year - but it might not be what you expect Tim Cook makes 300 times more than average Apple employee – company’s filing
Johnnie Parks | 11 January, 2019, 16:26

Perched on an Apple store bench just feet away from CNBC's Jim Cramer, CEO Tim Cook sat Tuesday for a lengthy interview in which he insisted he wasn't there to sell the stock.

Apple CEO Tim Cook suggested that the company's upcoming health-related work will be its "greatest contribution to mankind" in a January 9 interview with CNBC's Jim Cramer. This shouldn't come as much of a surprise to anyone who has been keeping up with Apple's revenue.

"We achieved net sales of United States dollars 265.6 billion and operating income of USD 70.9 billion, each representing a year-over-year increase of 16 per cent, and exceeding the 2018 maximum annual cash incentive program goals for both of those performance measures", the document said. "But I do think, looking back, in the future, you will answer that question, Apple's most-important contribution to mankind has been in health". Specifically, Mr. Cook wants to democratize the ways people access their health information, citing the company's work to integrate medical records into the iPhone as an example. I believe they'll be material over time. "We are taking what has been with the institutions and empowering the individual to manage their health". What was it that we said about this case having more twists than a pretzel?

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They also want to thank all the law enforcement agencies across the state and county that have assisted us in the case. The sheriff will hold a news conference Friday at 10 a.m. and did not provide much more information Thursday.


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Gonzalez said that the tipster had approached writer and activist Shaun King days earlier, and King passed the tip on to police. The girl's killing prompted an outpouring of support for her family from celebrities and ordinary people across the country.


According to the Nikkei, the company has asked its suppliers to produce less of its iPhone XS, XS Max and XR models than originally planned. On a trailing basis (.) the revenue from wearables is already 50 percent more than iPod on its peak.

Cook could also be referencing Apple's rumored monthly news subscription service, which could look a lot like Apple's streaming-music service, Apple Music.

"My honest opinion is that there is a culture of innovation in Apple and that culture of innovation combined with these incredible, loyal customers, happy customers, this ecosystem, this virtuous ecosystem, is something that is probably underappreciated", Mr Cook said. This project, to which Apple is planning to invest more than $4 billion in the next five years.

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