Saturday, January 7, 2017

Tim Cook gets less money – FAZ – Frankfurter Allgemeine Zeitung

Cupertino (dpa) – The decline in iPhone sales reduced the annual income of Apple CEO Tim Cook to about $ 1.5 million.

The 56-Year-old got in the end of September completed fiscal year salary and bonus payments totalling $ 8.7 million, as at the weekend published Apple documents. In the year before that, it was an amount of $ 10.3 million.

At the same time, for Cook, however, stock options worth $ 136 million is due – this is the next part of the package that he got when taking over the chief post of Steve Jobs in the summer of 2011.

With a turnover of 215,6 billion dollars and an operating profit of around 60 billion dollars available Apple missed the in-house plans, as the company acknowledged for the first time. The primary reason for the decline in iPhone sales. The Smartphone is by far the most important product of the group and also to the weakening still more than half of the proceeds.

the Figures from the Christmas shopping season will be Exciting now. In the years 2014 and 2015, Apple had accounted for in these quarters, sales records, and also the highest profits of a stock market listed company. Last Christmas it had been almost 74,8 million sold iPhones and 18.4 billion dollars in profits. The Figures for the last quarter of the Apple on the 31. January.


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