Tim Cook Apple sold its shares today. for over 20 years Apple Cook, who worked for the company, sold shares again after a long time. Here are Tim Cook’s number of shares, the amount of shares he sold and more.
Cook sold approximately $88 million worth of shares!
in 1998 Applestarted working in Tim Cook, has continued his rise in the company since then. Cook, who became the CEO of the company in 2011, took great steps for Apple. One of these is the iPhone 15 series, which was introduced recently. But today Apple On the other hand, our topic is not the iPhone 15, but Cook’s shares.
Tim Cook, who has been the CEO of Apple since 2011, announced that he sold some of his shares. Last sold shares in 2021 cookAt that time, it disposed of its shares worth $355 million. Cook, who did not make any sales in 2022, now has approximately $88 million He sold his shares worth .
In this period when Apple shares are low 511 thousand shares The Apple CEO who sold it received a total of $87.8 million. However, when taxes are taken out, the money Cook gets is for $41.5 million fell. So Cook earned a net $41.5 million from this sale.
No room for foreign applications: Approval requirement from China to Apple!
The problem between Apple and China continues. Apple must obtain approval for apps that will eventually be published on the Chinese App Store.
Another piece of information revealed through the sale is the CEO’s other shares in Apple. According to the information revealed, the total to 3.3 million shares owner cookThanks to these shares, it holds a total share of $ 585 million in Apple. So the Apple CEO still owns a significant amount of shares.
For now, it is not known why Tim Cook sold his shares. As we mentioned, Cook’s share sale really attracts attention in this period when Apple shares are low. Why do you think Tim Cook sold his shares? You can express your ideas in the comments.