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No. Major insiders of corporations sell stock on a predefined schedule. This sale would have happened if the stock was at $20 per share or $2,000 per share. These comments pop up every single time Macrumors makes a post about an Apple insider stock sale. I don’t know why they report it, it’s not news. And the comments about how they’re selling before it all tanks are equally stupid.
Undeniably true.
 
I wouldn't say he's boring. Rather, he just wants to be (and be viewed as) an ordinary down-to-Earth guy, and doesn't need to demand the limelight or attention like so many attention-seeking CEOs that need to be out there in order to satisfy their ego.

Compared to his contemporaries, that kind of guy can be considered pretty boring. Not that there's anything wrong with that!
 
Compared to his contemporaries, that kind of guy can be considered pretty boring. Not that there's anything wrong with that!

Still disagree... I don't find him boring at all. Being a systems and design engineer with a career in Silicon Valley tech I would love to interview him. No doubt in my mind he has loads of interesting stories to tell, going back a few decades.
 
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Money earned , money spent. It’s what we all agreed to. All grand moral posturing means nothing if it is not meant with action.
honestly Tim well played.
 
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I often wonder what people do with this kind of money. Not in a judgmental manner, but curiosity. After the tenth home, 30th car, fifth yacht… what do you do next? You can contribute to your friends and family but may eventually incur gift tax. Tim doesn’t have kids either.
Power. And it allows you to get away with doing things others would be punished (and rightfully so) for.
 
I often wonder what people do with this kind of money. Not in a judgmental manner, but curiosity. After the tenth home, 30th car, fifth yacht… what do you do next? You can contribute to your friends and family but may eventually incur gift tax. Tim doesn’t have kids either.

Many people donate to various charities, disaster relief programs, etc. I imagine TC does as well.
 
I often wonder what people do with this kind of money. Not in a judgmental manner, but curiosity. After the tenth home, 30th car, fifth yacht… what do you do next? You can contribute to your friends and family but may eventually incur gift tax. Tim doesn’t have kids either.
People with a lot of money, buy "positional goods" such as art work, sports teams, and so on. Stuff that are in limited quantity and usually stuff that normal people wouldn't even think about buying.
 
I often wonder what people do with this kind of money. Not in a judgmental manner, but curiosity. After the tenth home, 30th car, fifth yacht… what do you do next? You can contribute to your friends and family but may eventually incur gift tax. Tim doesn’t have kids either.
They spend a lot more on the little things like $500 on a single meal. Heck they might spend that on a single bottle of wine. Adds up.
 
Hell pay approx 8mm on that. The government will waste all of it.
Yeah . . . who needs roads, bridges, schools, clean water, sewage, fire and police services, etc.

(I understand your comment maybe be tongue in cheek, but I used to live next to a woman who owned a market/public policy research company. Periodically it would ask people what were their top 3-5 priorities for government spending. Guess what? Over 90% of the responses were exactly the top 5 things government spending went towards.)
 
Can someone explain how taxing stock works? It seems to me like it should be like this:

If you spend $100 on a stock, and then sell it for $101, that should be $1 of income, so the tax should be a few pennies.

But of you perform a job and are paid $100 in stock, what happens? Do you pay X% of $100 right there and then? Do you pay taxes on the full value ($101) when you sell the stock? I hope you don't pay the same penies on $1 profit like the other guy, that would be absurd tax evasion.
 
He’s not looking forward to the quarterly earnings report regarding iPhone 16 sales and iOS 18 — this could be a negative signal.
 
Yeah . . . who needs roads, bridges, schools, clean water, sewage, fire and police services, etc.

That's right. The "taxation is theft" idea is deeply cynical.

If you don't want to pay taxes, then don't use the services that those taxes pay for. Don't expect the government to defend any property you "own" from theft or confiscation. Don't expect courts to enforce any contract you sign or patent/copyright you own. And don't be using US currency for anything; You didn't help make those paper slips and bits on a computer valuable.
 
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Can someone explain how taxing stock works? It seems to me like it should be like this:

If you spend $100 on a stock, and then sell it for $101, that should be $1 of income, so the tax should be a few pennies.

But of you perform a job and are paid $100 in stock, what happens? Do you pay X% of $100 right there and then? Do you pay taxes on the full value ($101) when you sell the stock? I hope you don't pay the same penies on $1 profit like the other guy, that would be absurd tax evasion.
Here’s a good resource to better understand stock options and how they are taxed

 
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He’s not looking forward to the quarterly earnings report regarding iPhone 16 sales and iOS 18 — this could be a negative signal.

Despite Apple manufacturing 600,000 iPhones per day, every day of the year (on the average), and no doubt many being 16s, there's still a three week wait if you want to purchase one.

I wouldn't worry about quarterly earnings.

As an aside, I'm really digging my 16PM - it's an outstanding phone.
 
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