Apple CEO Tim Cook Could Take 40% Pay Cut in 2023
Cook’s reduced compensation is one of several proposals put forth in aproxy statementfor shareholders ahead of Investor Day.
Cook’s reduced compensation is one of several proposals put forth in aproxy statementfor shareholders ahead of Investor Day.
In 2019, his total compensation was $11.5 million, which also didn’t contain stock awards. Cook’s compensation is 1,447x that amount." Cook was named Apple’s CEO in 2011, following company co-founderSteve Jobs. He’s also pushed the company to broaden its offerings with services likeApple TV PlusandApple Fitness Plus. The milestone comes just a little over three years afterApple became a trillion-dollar company.
Reuters said that, as is customary, the Vaticandid not disclosewhat was discussed during the private meeting. Apple representatives didn’t immediately respond to requests for comment. The meeting marks Cook’s latest connection on the world’s stage. Cook has continued those efforts, travelingregularly to Washington DC, meeting with lawmakers and US presidents.
“What Steve left us is something special,” President Joe Biden said during the ceremony. Biden also said that Jobs embodied the “core” of American character. We cherish his memory and we’ll continue building on his legacy." Today, Steve was awarded the Medal of Freedom, Americas highest civilian honor. The Presidential Medal of Freedom is the highest civilian honor in the US. Others have received the award posthumously, including civil rights giant the Rev....
Ripcord founder Alex Fielding is also a co-founder. See also:Why Jeff Bezos' Blue Origin is going to war with NASA and SpaceX
Artificial intelligence may make it more difficult for you to spot and avoid scams. He called for industry leaders to impose more regulation. Google unveiled its ownAI chatbot, Bard, in February, shortly after Microsoft launched a newAI-powered Bingsearch. Social media companiesMetaandTwitterhave also teased that their own AI products are coming soon. “Should we let machines flood our information channels with propaganda and untruth? Should we automate away all the jobs, including the fulfilling ones?...
Apple is reportedly working on satellite connectivity for theiPhone 14. However, Kuo believes the feature will come to fruition “eventually.” Apple is set to host its"Far out" launch event on Sept. 7. It’s at this event that theiPhone 14 lineup is expected to debutalongside theApple Watch Series 8. Apple didn’t immediately respond to a request for comment.
Apple’s first mixed-reality headset may have something in common with the company’s latestMacBook AirandMacBook Pro. Apple CEO Tim Cook has been vocal in his excitement about AR. Apple didn’t respond to a request for comment.
But he suggests the much-rumored Mac Pro and iMac Pro won’t launch until 2023. Predictions for Apple’s new desktop products:1. 2022: More powerful Mac mini and more affordable external display (27-inch without mini-LED).2. 2023: Mac Pro and iMac Pro. A larger iMac Pro with M1 Pro and M1 Max chip options is also expected. Apple’s online-only eventwill be on Tuesday at 10 a.m. PT, 1 p.m. ET, 6 p.m. UK and March 9 at 5 a....
Apple is reportedly cutting production of its2022 iPhone SE. The decision is said to be the result of lesser than expected demand for the $429 iPhone SE. Apple didn’t immediately respond to CNET’s request for comment.
Last month,Apple dropped plans to boost productionon the iPhone 14, according to a Bloomberg report. Themost recent reportfrom data research firm Canalys found a decline in smartphone shipments for the third quarter. Analysts attributed the decrease in demand to changes in consumer spending priorities. Apple didn’t immediately respond to a request for comment.
Apple is reportedly delaying its plan for employees to return to the office three days a week. The company also reportedly said masks are once again required in common areas. It’snot the first time Apple has delayed the return-to-office plans. A proposed three-day in-office schedule wasrevealed to employees last Juneand slated to begin later in 2021. It was eventuallydelayed to January,then February, then again with a target date set for May....
Apple has reportedlyindefinitely delayed the requirement for its workers to return to the officedue to a rise inCOVID-19cases. Cook suggested employees getvaccinated and boostedfor COVID-19 “to keep you and your community safe,” Bloomberg reported. Apple didn’t immediately respond to a request for comment. On Tuesday, Apple also reportedly brought backmask mandates to its storesacross the US.