I would recommend NOT selling your investments today. History will show, as it always does (examp 2008 and 2020) that things always bounce back. Selling would force any gains to be paid, plus any investments (maybe other than Tesla) will return to normal when the pendulum swings the other way. In others, sit tight. It's going to be bumpy but not doomsday.Good thing he did it today, because it's already down more than 6% after hours because of the crash that will happen tomorrow morning. I wish I'd sold everything I own today.
Not to mention Vision Pro, the scummy nature of their advertising and peddling of services, poor software quality, the list goes on. They're a visionless company under Cook.He's gonna bow out. Just watch. Someone must answer for Apple Intelligence fiasco.
This is the only hope I have for a resurrection of the Apple I grew up loving but it's not going to happen. He got burned hard, I wouldn't return if I were him.Scott Forstall should come back and run Apple
Unfortunately I've retired and am in the selling portion of life. I'll just try to minimize for awhile.I would recommend NOT selling your investments today. History will show, as it always does (examp 2008 and 2020) that things always bounce back. Selling would force any gains to be paid, plus any investments (maybe other than Tesla) will return to normal when the pendulum swings the other way. In others, sit tight. It's going to be bumpy but not doomsday.
read the story. It was a planned stock award, from 5 years ago.not a good sign when 3 c-level execs do a stock dump at the same time
There's the problem right there: becoming emotionally attached to something that is not yours and is out of your control.the Apple I grew up loving
Before anyone jumps to any conclusions, read the article. It was a time-based award, so this was scheduled. And years in advance, at that.
You seriously think Tim Cook selling $24 million worth of stock is a stock dump? 😂not a good sign when 3 c-level execs do a stock dump at the same time
You're not wrong, there's a subjectivity to my comment and what makes it more than that is that I use Macs, iPhones and iPads daily. There's a completely functional, objective element at Apple that is not working as it used to.There's the problem right there: becoming emotionally attached to something that is not yours and is out of your control.
you are correct.not a good sign when 3 c-level execs do a stock dump at the same time
Apple CEO Tim Cook today earned over $24 million selling Apple stock, according to a filing with the SEC. Cook sold 108,136 shares that he received on April 1 when restricted stock units vested.
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The RSUs that vested yesterday were part of a time-based stock award that Cook was granted back in 2020. One-third of the shares vested in 2023, one-third in 2024, and the final third vested in 2025. The shares that were sold today were put in Cook's trust.
Restricted stock units are given to Cook regularly as bonus compensation, encouraging him to stay on as Apple's CEO. Cook has served as CEO since August 2011, and now that his RSUs have vested, Apple may give him another grant to keep him at the company for an even longer period. Cook also regularly receives RSUs that vest based on Apple's performance, with that award typically happening in October.
Apple executives that include Jeff Williams and Katherine Adams also received and sold stock worth $7,950,684 and $8,664,682, respectively.
Article Link: Apple CEO Tim Cook Sells Stock Worth $24 Million
I wonder if he realizes that buying 6000 more Vision Pros won't make that much of a dent.He is going to buy the entire stock of Apple Vision Pros and tell us in the next interview that it’s a great success.
Yes, I agree it’s a big mess. Apple is not like what it used to be, even their Tech center when you call, they will put you on hold and look up for the same information that you would have done on your own. The root of the AI problem is Siri and their anticipation to integrate AI in every function in their devices, which is a big mistake.He's gonna bow out. Just watch. Someone must answer for Apple Intelligence fiasco.