Economy Jamie Simon
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Tim Cook, who celebrated his first five years at the head of Apple on Wednesday, received shares worth 373 million dollars in this period, while the value of shares doubled.
When Cook took over Apple in 2011 and was granted one million shares. Initially, 50% of those shares were scheduled to be received on the anniversary of five years, while the rest would be granted after 10 years. This changed in 2013 when Cook tied voluntarily one-third of the ‘bonus’ of its performance exceeded the S & P 500 index.
This did not, however, slow significantly. Cook received 98.6% of the units available in the first 5 years, according to data. They were valued at 373 million dollars.
Tim Cook might receive the same number of shares over the next ten years.
The best indicator of the evolution of a company in the eyes of investors, private or institutional, is the evolution of its shares on the stock exchange. People from statistics compared Apple’s situation in five years with the main competitors, but also with the stock index evolution of Nasdaq Composite, which includes many companies in the technology sector and therefore is strongly influenced by them.
The company which recorded the highest growth of securities, 294% in the last five years is Amazon. On the second place are Alphabet (parent company of Google), with 204% and 167% in the third place, Microsoft. The Apple titles recorded an increase of “only” 121%, not much above that recorded by Nasdaq Composite (+ 113%). Simply, Apple has managed to slightly beat the market in these five years.
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