Apple's Tim Cook earns almost 99% less in 2012

[Imran]

Tim Cook, in his first year as CEO of Apple after the late Steve Jobs, earned $1.4 million in salary this year, along with $2.8 million in bonuses. This is significantly less than his 2011 earnings of $378 million.

According to Reuters, Cook's actual salary went up by some $900,000, but this year he did not receive any Apple stock, which accounts for the large disparity. In 2011, Cook received some $376.2 million in long-term stock awards.

Almost all of Cook's stock bonuses will be awarded in two large chunks, the first of which will vest in 2016, the second in 2021. This will act as an impetus for Cook to perform well as head of Apple in the meanwhile, as the value of the bonuses will depend on how high the stock is in 2016 and 2021.

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[Deleted member 178]

Suing Samsung is good for the stocks so good for him , not surprising...

 

[McLovin]

Wish I became the CEO of Apple just for that year. I would re-sign after that though.

 

[softwareFREEk]

and who pays this disgusting salary
we the people!!

 

[Deleted member 178]

and who pays this disgusting salary
we the people!!

if you are an Apple customer, yes, but you knew it. I am not an Apple customer so i don't mind.

 

[McLovin]

if you are an Apple customer, yes, but you knew it. I am not an Apple customer so i don't mind.

I've been strong, the only thing that I've bought from Apple was an iPod Nano 3rd generation (I think) and it's lasted a long time, dropped it half a doesn times though and still not bust or anything.

 

[iScream]

Poor guy. A millionare getting 99% less million in a year. Who cares.

 

[softwareFREEk]

and who pays this disgusting salary
we the people!!

if you are an Apple customer, yes, but you knew it. I am not an Apple customer so i don't mind.

was still a virgin up to 3 months ago not owning apple anything until IT dudes at work
purchased us iPhone's for work use arrrrgggghhhhh!!!!! now I feel violated
lolol