- Home
- Technology
- News
Apple chief executive Tim Cook receives $750m payout
The Chief Executive of technology giant Apple, Tim Cook has received more than five million shares as he completed ten years in the job.


According to details, a company filing with the US Securities and Exchange Commission (SEC) watchdog shows that he sold most of the shares for more than $750m (£550m).
The money is part of the deal which he struck when he took over from co-founder Steve Jobs.
The award depended on how well Apple's shares performed compared to other firms on the S&P 500 stock index.
As to Apple's filing with the SEC, Mr Cook deserved to receive the award as the company's shares had increased by 191.83% over the last three years.
It also noted that Apple's share price has increased 1,200% since he became chief executive on 24 August 2011.
The company behind the iPhone, iPad and MacBook now has a market valuation of almost $2.5tn.

Everything you need to know about Trump’s “big, beautiful bill”
- 3 گھنٹے قبل

Apple’s racing movie is finally here
- 5 گھنٹے قبل

Heavy rain likely in parts of Punjab, KP and Kashmir today
- 2 گھنٹے قبل

A million kids won’t live to kindergarten because of this disastrous decision
- 3 گھنٹے قبل

Ali Amin Gandapur challenges state to overthrow KP govt
- 2 گھنٹے قبل

What the Supreme Court did to America in 2025
- 3 گھنٹے قبل

Can the music industry make AI the next Napster?
- 5 گھنٹے قبل

Warning: US to revoke visa, green card of new comers
- 7 منٹ قبل

Threads now has a better word filter than Instagram
- 5 گھنٹے قبل

Drugs seized from female passenger at Islamabad Airport
- 2 گھنٹے قبل

Railways increases fares second time in 14 days
- 2 گھنٹے قبل

40 complex heart disease children treated free in Peshawar
- چند سیکنڈ قبل