He was made to be a superhero and the man of the year despite simply sitting and taking rains of a ship that was on a good course. Now the storm has come and doesn't know how to navigate baxk into clear water.
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Apple CEO Tim Cook Sells Another $28.7 Million in Stock
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I think it's obvious that Apple cannot come up with the huge revenues and profits from the past.
Different times.
Smartphones of most kinds are about perfect or at least very good in terms of speed, photography and more. Especially iPhone users use their devices longer, which btw is environmentally a good thing, but at the same time bad for Apple's sales.
And the market is more saturated than before.
In the end Apple will continue to make lots of money out of their phones since the reliability is so good and people usually remember that in the long term.
Although at the moment I think the will need to lower the price a little bit or at least to not raise it again.
Android apps are getting better and better, too.
The smartphone revolution is over.
A little here, a little there will be all for the next years, I guess.
Different times.
Smartphones of most kinds are about perfect or at least very good in terms of speed, photography and more. Especially iPhone users use their devices longer, which btw is environmentally a good thing, but at the same time bad for Apple's sales.
And the market is more saturated than before.
In the end Apple will continue to make lots of money out of their phones since the reliability is so good and people usually remember that in the long term.
Although at the moment I think the will need to lower the price a little bit or at least to not raise it again.
Android apps are getting better and better, too.
The smartphone revolution is over.
A little here, a little there will be all for the next years, I guess.
Tim! Nooooooo! Don't you know this will cause immeasurable amounts of REAL ACTUAL PAIN to complainers on MacRumors? It causes them to repeat the same tired, humorless "jokes" over and over. How could you be so inconsiderate? There are DOZENS of people (out of your hundreds of millions of customers worldwide) who are losing faith in Apple now because of your recent (and totally not locked in by your financial analyst months ago) actions! They can't go on living like this! Won't someone think of the children?!!1!
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With all due respect, look in the mirror.
So Tim, if you pay $1500.00 tax on that $28700000.00 , that would be considered paying all your taxes right.
Go on, tell us more how much you care about social issues and improving the world, and would love to know where that $1500 would be best put to improve society
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I suspect the lot of them are about to bail while they can cash At a high price, hence they have not rocked the boat and milked the existing product line.
Go on, tell us more how much you care about social issues and improving the world, and would love to know where that $1500 would be best put to improve society
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I suspect the lot of them are about to bail while they can cash At a high price, hence they have not rocked the boat and milked the existing product line.
In the last week or so Sergey Brin has sold ~$130M of Google stock. Is Google in trouble?
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go have a look at recent insider transactions at Google and Microsoft. Makes Cook's sales look like peanuts.So Tim, if you pay $1500.00 tax on that $28700000.00 , that would be considered paying all your taxes right.
Go on, tell us more how much you care about social issues and improving the world, and would love to know where that $1500 would be best put to improve society
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I suspect the lot of them are about to bail while they can cash At a high price, hence they have not rocked the boat and milked the existing product line.
Hey give Tim a break
He has been drawing 'only' a million a year for 4 years now.
CEOs can't make ends on a pittance such as that for long....
He has been drawing 'only' a million a year for 4 years now.
CEOs can't make ends on a pittance such as that for long....
I'm guessing most of you don't invest or are just really poor investors? This has nothing to do with Apple's performance or next week's keynote, and everything to do with having a balanced portfolio and/or needing the cash for something other than investing in securities. And p.s.-- even with the two recent sales, he still owns over 1 million shares of AAPL. This is not newsworthy.
1. Time Cook just had 500,000 RSU's vest 5 days ago. In other words, he hasn't been able to sell them until now. And now that he can, he probably wants to spend the money or diversify his holdings. Rule #1 of investing is to not have all of your eggs in on basket, which is exactly the scenario he was stuck in when these weren't vested yet.
2. This is public information, not some sort of secret conspiracy. If you are so certain he's selling his stock due to internal negative information that he has, you are free to duplicate his effort by selling your own Apple stock (or shorting it if you don't have any).
2. This is public information, not some sort of secret conspiracy. If you are so certain he's selling his stock due to internal negative information that he has, you are free to duplicate his effort by selling your own Apple stock (or shorting it if you don't have any).
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