Apple Inc Chief Executive Tim Cook received a one-time stock award worth nearly $400 million, the largest given by a company in a decade.
Apple Inc CEO Tim Cook took in almost $1 million of cash compensation in 2011 but also received a million restricted shares that, when they vest in 2016 and 2021, could net the head of the world's largest consumer electronics firm hundreds of millions of dollars.
Apple's co-founder and former CEO, the charismatic Steve Jobs used to get $1 as annual salary while he was in office, but his successor seems to have have hit a jackpot altogether. From March 2012, Apple's current CEO Tim Cook is to get hold of a vesting of stock valued at nearly $100 million, according to a study reported by the Wall Street Journal. Out of this, $83 million worth of grant (at today's stock price) will be vested from March 24.
Mainland China and 21 other countries will finally launch sales for Apple's most advanced smartphone, the iPhone 4S, on Friday, Jan. 13. The phone will be available in black and white and will sell at the same prices as in the U.S.
Apple fans in China mainland and other 21 countries are going to be crazy after hearing this - iPhone 4S, Apple's hottest handset so far, will reach their shores on Friday, Jan. 13, ending various speculations about local launch dates, that lasted for several months.
Jonathan Ive, Apple's design chief who holds more then 400 patents, has been knighted by Queen Elizabeth II, 85, an iPod user.
Technology companies appear likely to resume battle in 2012 on three major fronts of the patent wars: smartphone designs, operating systems and semiconductor chip sets. Despite passage of copyright reform under the America Invents Act in September, technology lawsuits persist and experienced lawyers worry that little will change.
Investors didn’t get rich owning generalized technology stocks but they fared well with some of the traditional winners with good management and proven technology.
More than 140 people have been arrested for knowingly buying stolen iPhones and iPads from undercover policemen.
Siri is a fun and useful tool on the iPhone 4S, but Apple has plans for it to become a centerpiece in all its devices, including the iPhone, iPad and Apple TV.
2012 promises to be another year of promising, if not exciting developments for Apple (NASDAQ: AAPL) and CEO Tim Cook, the man who replaced Jobs. Apple has the world's bestselling tablet, the iPad, and the bestselling smartphone, the iPhone, and the company wants to keep it that way.
Apple was named the 10th best place to work in America, from a survey of more than 250,000 employees from more than 65,000 companies.
Technology giant Apple is negotiating to acquire Anobit, an Israeli flash storage manufacturer, for about for $400 million to $500 million. People must be wondering why.
From iPhones to mergers to patent wars, it has been quite the year in the world of telecommunications. Despite all the big industry news swirling around this year, the public was left with very few answers.
Citi analyst Richard Gardner, in his note to investors, hinted that the third generation iPad would come in February and will sport a screen that offers more than twice the resolution capacities of the iPad 2.
Apple's purchase of Anobit, an Israeli maker of Flash chips, likely means the iPhone 5 will greatly improve its memory storage capabilities.
Rumors about the possible release date and features of Android's formidable rival, iPhone 5, have begun growing louder even as the popularity wave of iPhone 4S and its new feature Siri have begun dying down.
Apple lost its iPad trademark battle in China on Wednesday, but the owner of the trademark, Proview Technology, may ask Apple to pay for a trademark transfer.
The Municipal Intermediate People's Court in Shenzhen, a southern Chinese city neighboring Hong Kong, earlier this week rejected a lawsuit by Apple accusing Proview Technology (Shenzhen) of infringing on its iPad trademark.
It's not a matter of if, but when the last big project from Steve Jobs will reach the hand of consumers. The debate varies from spring to summer or even fall, but most every qualified observer agrees -- the iPhone release date is coming in 2012. Among the best bets is an early summer unveiling with release soon to follow, keeping in Apple's release tradition that was broken with the iPhone 4S because the product simply wasn't ready yet.
Apple failed to convince a U.S. judge to block Samsung Electronics from selling some Galaxy smartphones and tablets in the U.S. market, depriving the iPhone and iPad maker of crucial leverage in a global patent battle.
Apple failed to convince a U.S. judge to block Samsung Electronics from selling Galaxy smartphones and tablets in the U.S. market, depriving the iPhone and iPad maker of crucial leverage in a global patent battle between the two companies.
