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Apple's Tim Cook gets a pay cut

2017-01-06
Apple paid Tim Cook less in 2016 according to an apple filing with the securities and exchange commission Apple CEO Tim Cook earned eight point seven five million dollars for the year of 2016 back in 2015 cook earned 10.2 eight million dollars he earned 9.22 million dollars in 2014 Cook's pay is tied to apple sales figures in 2016 Apple earned two hundred and fifteen point six billion dollars however that amount is less that is two hundred and twenty-three point six billion dollars in sales for 2015 here's the breakdown on Tim Cook's 2016 pay he earned five point three seven million dollars in cash incentive pay that's down by two point six billion dollars in the previous year Apple's 2016 was not its best year the company saw its iphone shipments dropped for the first time ever sales of iPads were also down despite Apple's iPad pro line 2017 might be a different story apple reported that its App Store pulled in nearly 240 million dollars in purchases on New Year's Day alone for more information check out cnet com amaya's akhtar and i'll see you online
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