His mom an iPhone.What is he buying with the money?
In fact, it’ll be the best iPhone ever and he thinks she’s going to love it.
His mom an iPhone.What is he buying with the money?
When you are CEO of a company it is very tricky to buy/sell stock since you could be accused of insider trading. He didn’t just decide this week to sell these shares. This was planned a while ago and filed with SEC.Just after laying off hundreds off employees
pretty insensitive timing
Like Tim’s mom.He donates proceeds to charities that are important to him.
I’ve got one of those still. Wanna buy it?The other week I bought a single share of Apple stock. I did that after feeling disgusted… I found a calculator online where you put a product price and purchase date and it tells you how much it would be today in stock.
the powerbook g4 12" I bought in 2003, my first Mac, would be worth 1.3 million dollars today
If you actually read it or had even basic understanding of how stock sales work for executives....they are pre-determined stock sales, to avoid insider trading. He would have sold these shares no matter what the stock price was. It's predetermined.Ship is sinking?
You may not know, but you can google for “AAPL” and look up the current value of a share.based on the cost per share of his recent sale and the fact that he has 3.3M shares remaining, at the same cost per share he currently owns almost $600M in shares. Please correct me if I did my math wrong.
What a wild comment. Elon has done WAY more with HIS companies (Tesla, SpaceX, Neuralink, and PayPal) than Tim has EVER done at Apple. How are these earned shares “well deserved”? Vision Pro, Apple Watch, and AirPods, compared to, reusable rockets, mass market electric vehicles and charging networks, off grid power and energy storage solutions, a payment processing behemoth, and a device that allows a paralyzed person to control a computer using their thoughts. Also don’t forget STEVE JOBS created Apple, NOT Tim.Well deserved. Congrats Tim!
So unlike other megalomaniacs like Musk.
If Steve had regrettably not waited until too late to treat his illness with Western medicine, he may very well be alive today and still at the helm of Apple. I would think it would be in a much better place than under the fiscal, not vision, stewardship of Tim Cook.What a wild comment. Elon has done WAY more with HIS companies (Tesla, SpaceX, Neuralink, and PayPal) than Tim has EVER done at Apple. How are these earned shares “well deserved”? Vision Pro, Apple Watch, and AirPods, compared to, reusable rockets, mass market electric vehicles and charging networks, off grid power and energy storage solutions, a payment processing behemoth, and a device that allows a paralyzed person to control a computer using their thoughts. Also don’t forget STEVE JOBS created Apple, NOT Tim.
A Macbook with the storage maxed out.What is he buying with the money?
Likely most were sold to cover the taxes on the remaining stock he got during that performance pay out.That might cover taxes and utilities on his house for the year. Not cheap to own fancy things.
Which whale are you personal accountant for? Nice tryThat makes no sense. He would donate stock directly and take the full deduction (and allow the charity to get the full benefit) rather than sell stock, pay taxes, and donate a fraction.
For him that is nothing. Seriously. Execs spend money and sell as they get older. Fact of life since it's finite.If he's dumping shares then maybe he knows something we don't?
The other week I bought a single share of Apple stock. I did that after feeling disgusted… I found a calculator online where you put a product price and purchase date and it tells you how much it would be today in stock.
the powerbook g4 12" I bought in 2003, my first Mac, would be worth 1.3 million dollars today