• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Tuesday, May 20, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home News

Apple CEO Tim Cook Reaps Around $90 Million Stock Award

by Chinmay Bidkar
August 29, 2017
in News
Reading Time: 2 mins read
0
tim cook stock award
TwitterWhatsappLinkedin

tim cook stock award

You might also like

Nike Lays Off Employees from Technology Division as Part of CEO Elliott Hill’s Turnaround Plan

Government to Raise Rs 1,000 Crore by Selling BSNL and MTNL Land Assets

Centre Defends BCAS Decision to Revoke Celebi’s Security Clearance in Delhi High Court

29 August 2017, India:

Apple CEO Tim Cook was awarded 560,000 shares, half of them linked to the company’s performance and the maximum allowed under the iPhone maker’s long-term compensation program as per the report by Bloomberg.

Not all the money ended up in Cook’s hands, though. Apple said it set aside about $46 million to meet tax requirements. Cook sold off the other shares between Thursday and Monday for a total of about $43 million.

A restricted stock unit (aka RSU) is compensation valued in terms of a company’s stock, but the stock is not issued at the time of the grant. Instead, the recipient receives the stock at a later date, a method generally used to make sure employees stay with a company for a set period of time.

Earlier this month, Apple posted stronger-than-expected quarterly earnings, and the tech giant is expected to unveil its highly anticipated new iPhone at an event Sept. 12. Apple shares have been trading near record highs, and are up 39% year to date.

Meanwhile, a Foxconn employee has allegedly taken new images of the iPhone 8’s internals and posted them to the Chinese social networking site Weibo over the weekend, providing a look at the inside of Apple’s OLED iPhone that’s expected to be announced next month. Apple iPhone 8 pricing could start at a jaw-dropping $1,100 to $1,200, with the firm to offer the smartphone in 128GB and 256GB storage configurations only.

The iPhone 8, tipped by some to arrive as the “iPhone Pro” or “iPhone X” will be Apple’s tenth-anniversary smartphone edition and seems to be the first handset to debut with wireless charging technology, an edge-to-edge curved AMOLED display and an unusual vertical dual rear-facing camera sensors. If countless rumors and leaks are to be believed, the so-called iPhone 8 will be released alongside the less-impressive iPhone 7S and iPhone 7S Plus (Image- cultofmac.com)

Check out the video of iPhone 8-

Tags: apple stockApple stock priceiPhone 8iphone 8 launchiPhone 8 leakTim CookTim Cook salary
Tweet54SendShare15
Previous Post

FreshWorks Acquires CRM Startup Zarget

Next Post

Paytm Mall, Alibaba Might Infuse $200 Million in BigBasket

Chinmay Bidkar

Curious, Keen Observant & Dynamic! Chinmay finds peace in meeting people who work hard for humanity. He has new found interest in Gadgets and Techs and at Techstory he gets to write about it! Reach out at- [email protected]

Recommended For You

Nike Lays Off Employees from Technology Division as Part of CEO Elliott Hill’s Turnaround Plan

by Rounak Majumdar
May 20, 2025
0
Nike Lays Off Employees from Technology Division as Part of CEO Elliott Hill’s Turnaround Plan

Nike, the US-based global sportswear leader, has initiated a new round of layoffs targeting its technology division as part of a broader turnaround effort led by CEO Elliott...

Read more

Government to Raise Rs 1,000 Crore by Selling BSNL and MTNL Land Assets

by Rounak Majumdar
May 20, 2025
0
Government to Raise Rs 1,000 Crore by Selling BSNL and MTNL Land Assets

The Indian government has started an important endeavor to sell off land assets owned by state-run telecom companies Mahanagar Telephone Nigam Limited (MTNL) and Bharat Sanchar Nigam Limited...

Read more

Centre Defends BCAS Decision to Revoke Celebi’s Security Clearance in Delhi High Court

by Rounak Majumdar
May 20, 2025
0
Centre Defends BCAS Decision to Revoke Celebi’s Security Clearance in Delhi High Court

The Government of India has strongly defended its decision to revoke the security clearance of Turkish aviation firm Celebi Airport Services India Pvt Ltd, stating it would have...

Read more
Next Post
paytm mall alibaba investment

Paytm Mall, Alibaba Might Infuse $200 Million in BigBasket

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?