Apple CEO Tim Cook's compensation for fiscal 2014 was $9.22 million, according to a newly released SEC filing. That breaks down to a salary of $1.7 million and non-equity incentive compensation of $6.7 million, double the $4.3M compensation he received in 2013.
Apple's newest executive hire, Angela Ahrendts, received $73 million in cash and stock. That includes a $400,000 salary, a $500,000 bonus, and $70 million in stock. Ahrendts, who joined Apple in May of 2014, was previously making $37 million at Burberry, and her offer package included an RSU award with a value of $37 million to compensate her for her unvested Burberry awards along with an RSU award of $33 million as a new Apple hire.
As for other Apple executives, Eddy Cue and Jeff Williams made over $24 million in stock awards, salary, and non-equity incentive plan compensation. Peter Oppenheimer earned $4.5 million, and Luca Maestri, Apple's new CFO, received $14 million.
Apple had a record year under the guidance of Tim Cook, generating $182.8 billion in sales with $38.5 billion in net income in fiscal 2014, a new high for the company. According to its October forecast Apple expects to see revenue between $63.5 and $66.5 billion for the first quarter of 2015.
Apple will announce its earnings for the first fiscal quarter of 2015 on Monday, January 27. MacRumors will provide live coverage of both the earnings release and the conference call.
Big company CEOs get big pay but Yosemite is an unmitigated disaster.
Fix it, Cook. We're running out of patience.
While you're at it, grow a pair and reign in Ivy's input in software in which he obviously knows little about.
Tim Cook is over-payed and not the right guy to lead Apple.
He clearly is a first-class operations officer, but he doesn't have the product instincts to lead one of the most creative companies in the world (or what used to be) or the strength of personality to ride herd over the sprawling and somewhat undisciplined company that Apple has become.
Apple quality control (its most important asset) has taken a major nose-drive since Cook took over, with appalling bugs going many months or more before being fixed (just one example: how many times a day do I find my iPhone 6 won't quickly switch from portrait to landscape mode or vice versa when I take it out of my pocket?). And so many Apple products are left to go stale like Apple TV, iWork, displays, Radio, etc.
I wish Cook were the right guy for the job but he's not. He's a caretaker, not a creator, and Apple's success during his reign has largely been due to coasting on previous momentum that Jobs created over the years.
Apple and Cook are heading for a reckoning, and it's not going to be pretty when it happens.
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iPhone 12 Pro and Pro Max, iPhone 13 Pro and Pro Max, and iPhone 14 Pro and Pro Max models feature a LiDAR Scanner next to the rear camera that can be used to measure a person's height instantly in Apple's preinstalled Measure app.
To measure a person's height, simply open the Measure app, point your iPhone at the person you want to measure, and make sure they are visible on the screen from...
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Apple plans to publicly release iOS 16.2 for the iPhone in mid-December, according to Bloomberg's Mark Gurman. The update remains in beta testing for now, with at least eight new features and changes already uncovered so far.
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Apple in late October began testing iOS 16.2 and iPadOS 16.2 updates, providing betas to both developers and public beta testers. As of now, we've had four total betas, with the fourth beta having been released earlier this week. iOS 16.2 and iPadOS 16.2 are expected before the end of the year, and we thought we'd try to narrow down the launch timeline.
With only four betas released since...
The next-generation MacBook Pro models could feature faster RAM, according to a recent report from a reliable source.
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The teardown reveals the internal layout of the iPad, including its two-cell 7,606 mAh battery, logic board with the A14 Bionic chip, and more.
As suspected, the...
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In the current release as well as earlier versions of iOS 16, users do not automatically see older notifications in the Notification Center like they did in iOS 15, and instead must manually swipe up from the middle...
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Password management app LastPass says it is investigating a security incident after an "unauthorized party" compromised its systems on Wednesday and gained access to some customer information.
The information was stored in a third-party cloud service shared by LastPass and parent company GoTo, said LastPass CEO Karim Toubba in a blog post. Toubba said the hackers used information stolen from ...
Friday December 2, 2022 11:43 am PST by Joe Rossignol
Goldman Sachs this week updated its Apple Card customer agreement to reflect the credit card's upcoming Daily Cash savings account feature, which was expected to launch with iOS 16.1 but appears to have been delayed.
"To enable new ways to use Daily Cash like the upcoming Savings account feature, we are updating the Daily Cash Program section of your Apple Card Customer Agreement," reads an...
Apple CEO Tim Cook's compensation for fiscal 2014 was $9.22 million, according to a newly released SEC filing. That breaks down to a salary of $1.7 million and non-equity incentive compensation of $6.7 million, double the $4.3M compensation he received in 2013.
Top Rated Comments
steve jobs didn't finish school.
Considering his position,that's surprisingly low to me.
He got a crap-ton of stock in the previous year that has been on the up-swing of late, so let's not feel to bad for him.
"poor" is not a word I would ever use in comparison of any of those people.
Fix it, Cook. We're running out of patience.
While you're at it, grow a pair and reign in Ivy's input in software in which he obviously knows little about.
He clearly is a first-class operations officer, but he doesn't have the product instincts to lead one of the most creative companies in the world (or what used to be) or the strength of personality to ride herd over the sprawling and somewhat undisciplined company that Apple has become.
Apple quality control (its most important asset) has taken a major nose-drive since Cook took over, with appalling bugs going many months or more before being fixed (just one example: how many times a day do I find my iPhone 6 won't quickly switch from portrait to landscape mode or vice versa when I take it out of my pocket?). And so many Apple products are left to go stale like Apple TV, iWork, displays, Radio, etc.
I wish Cook were the right guy for the job but he's not. He's a caretaker, not a creator, and Apple's success during his reign has largely been due to coasting on previous momentum that Jobs created over the years.
Apple and Cook are heading for a reckoning, and it's not going to be pretty when it happens.