This doesn’t happen very often.
Carl Icahn has been foiled in one of his activist investing ploys, and by none other than Apple Inc. (Nasdaq: AAPL).
This doesn’t happen very often.
Carl Icahn has been foiled in one of his activist investing ploys, and by none other than Apple Inc. (Nasdaq: AAPL).
Most chief executives of major corporations earn millions of dollars in base salary, but that’s not all they get (just take a look at how the highest-paid CEOs in America make their money).
Total CEO compensation includes perquisites, bonuses, and stock options, among other things.
In fact, the great bulk of CEO compensation does not come from base salaries. Even the highest CEO base salaries fall under $10 million. It’s all the other goodies that push total CEO compensation miles past $10 million.
When the Apple stock price (Nasdaq: AAPL) slipped below $400 in April and again in June, a lot of Wall Street pundits concluded that the company was a spent force and moved on.
But just when it looked like the Apple bears might be right, the company started to gain back lost ground.
Apple Inc. (Nasdaq: AAPL) CEO Tim Cook was summoned to Congress last week to face outraged legislators over his company’s failure to pay corporate income taxes to any national government on more than $74 billion in overseas earnings.
In Silicon Valley, there’s a term for products that a company makes bold statements about and always seem on the cusp of launching but never quite materialize – vaporware.
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