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Added on the 19/04/2018 18:55:39 - Copyright : Wochit
Apple CEO Tim Cook's pay package totaled $14.7 million last year. Business Insider reports that's around a 28% jump from 2019. Apple disclosed in its annual proxy statement on Tuesday. Cook's compensation included a base salary of $3 million, $10.7 million in performance-based pay. He also received nearly $1 million in travel and security expenses.
Apple is launching automatic location sharing for iPhone users in the US when they dial 911.
Shares of Apple could gain nearly 29% over the next 12 months. Wedbush analysts say tthe srock will rise based on demand for the new iPhone 12. On Wednesday, Wedbush upgraded its Apple 12-month price target to $160 from $150. The analysts are maintaining their "outperform" rating for the stock. Wedbrush says demand for the iPhone 12 has been the biggest since 2014's iPhone 6.