Apple CEO Tim Cook Earned $10.3 Million in 2015

According to the latest figures shared by reporters, during the fiscal 2015, Apple CEO Tim Cook earned nearly $10.3 million. The salary accounted for $2 million, non-equity incentive compensation for $8 million and other types of income made additional $280,000. In 2014, Apple CEO managed to earn $9.2 million, which is approximately $1 million less than in 2015. Just like his company, Cook demonstrated a good financial result.

Apple CEO Tim Cook's compensation for fiscal 2015 was $10,281,327, according to a newly released SEC filing. That breaks down to a salary of $2 million, non-equity incentive compensation of $8 million, and other compensation of $280k.

Not only Tim Cook earned a lot in 2015. Apple senior executives, for example, Angela Ahrendts, Eddy Cue and others are also among those who saw a substantial increase in income during the last 12 months.

In 2015, Apple generated $233.7 billion in sales, which is 28% more than a year ago. According to company’s forecasts, the revenue in the first quarter of 2016 will be between  $75.5 and $77.5 billion.

Apple will officially announce the detailed financial results in the first quarter of 2016 on Tuesday, January 26th.

[via MacRumors]

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Written by Andrey

Friday, January 8, 2016. 17:07

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