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Wednesday 27 December 2017

Apple Ceo Tim cook recieved,got Millon dollar !!

Apple Ceo Tim cook recieved,got Millon dollar !!


Image is taken From pixabay

Recently, Apple's CEO Tim Cook got a salary of worth $3.06 million and $9.33 million with bonuses and stock of worth $89.2 million with a total compensation package of worth $102 million, report from Bloomberg

Cook’s total pay package was around  $12,825,066 for the 12 months ending September 30, 2017, according to the  company's annual proxy statement that was filed today with the united states Securities and Exchange Commission. It was  $8,747,719 in fiscal 2016,this is the result for the lowest iPhone sale.

Executive officers at Apple, which included Luca Maestri, Angela Ahrendts, Johny Srouji, Dan Riccio, and Bruce Sewell, all received bonuses of worth $3 million, with their compensation, including salary and stock awards, to approximately $24.2 million each. Angela Ahrendts, Apple's retail chief,got the highest paid of  $24,216,072. 

The company in the latest fiscal year sold 216.7 million iPhones, up from 211.88 million in 2016, though it was still below  of 231.22 million iPhones sold in 2015.revenve genereted was $229.23 billion in fiscal 2017, and $215.64 billion in 2016, but it was still less than the revenve generated in 2015,which was $233.72 billion.
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The result was that the Apple beat most of the financial targets for executives set by the board. For Cook, that meant that his annual cash (incentive plan) reward increased to $9,327,000 in fiscal 2017, as per the 2016 of  $5,370,000.



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