The initial device has confronted several development hurdles and the company has conservative sales expectations, illustrating how challenging it will be to bring this nascent consumer technology to the masses.
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Apple Chief Executive Officer Tim Cook’s annual compensation increased by 28% in 2020 even as the coronavirus pandemic sparked a recession, according to filings.
Tim Cook’s 2020 compensation totaled $14.7 million, which was mainly comprised of performance-based pay, according to Securities and Exchange Commission (SEC) filings released Tuesday, Business Insider reported. While the coronavirus pandemicsparked a recession in the spring, Apple consistently reported positive financial figures including increased revenue and growth throughout 2020.
“Despite the ongoing impacts of COVID-19, Apple is in the midst of our most prolific product introduction period ever, and the early response to all our new products, led by our first 5G-enabled iPhone lineup, has been tremendously positive,” Cook said in a statement following the company’s most recent quarterly report.
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Musk says Apple refused to discuss $60bn Tesla deal
Musk said in a tweet that he reached out to Apple during the âdarkest daysâ of development of his companyâs Model 3.
By Mark Gurman, Bloomberg
23 Dec 2020 08:56
Image: Liesa Johannssen-Koppitz/Bloomberg
Apple Chief Executive Officer Tim Cook refused to take a meeting years ago to discuss acquiring Tesla, Elon Musk said on Twitter Tuesday.
Tesla CEO Musk said in a tweet that he reached out to Apple during the âdarkest daysâ of development of his companyâs Model 3 to talk about a possible a deal. Musk said he planned to discuss the possibility of selling Tesla to Apple for one-tenth of its current value, indicating a valuation of about $60 billion.
Elon Musk says he tried to sell Tesla to Apple, but Tim Cook snubbed him autoblog.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from autoblog.com Daily Mail and Mail on Sunday newspapers.