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Macintosh News => iPhone/iPod/iPad News => Topic started by: HCK on January 07, 2017, 04:05:27 pm



Title: News: Apple Executive Team sees reduced compensation as Apple misses 2016 targets
Post by: HCK on January 07, 2017, 04:05:27 pm
News: Apple Executive Team sees reduced compensation as Apple misses 2016 targets

<img src="(http://assets.ilounge.com/images/uploads/tim-cook-npr.jpg)" />

                
            
               Apple CEO Tim Cook and other members of Apple’s executive team have received less compensation in 2016 as a result of revenue and profit goals for the year being missed, the Wall Street Journal reports. In its regulatory filing from earlier today, Apple stated that its revenue and operating income for 2016 had missed both its targeted and its stretch goals — the first time the company has failed to surpass its stretch goals since 2009, and…

Source: News: Apple Executive Team sees reduced compensation as Apple misses 2016 targets (http://www.ilounge.com/index.php/news/comments/apple-executive-team-sees-reduced-compensation-as-apple-misses-2016-targets)