Apple CEO Tim Cook Cashes In $41.5M From Selling Apple Shares, While iPhone 15 Owners Report Issues With BMW Wireless Charging
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Tim Cook netted $41.5M after taxes by selling over 500k Apple shares from a performance award. He still owns 3.3M shares.
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Cook was awarded additional restricted stock units that vest yearly through 2028. He also got performance units that vest in 2026.
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In 2015, Cook said he planned to donate his wealth after paying for his nephew's college.
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Cook has been CEO of Apple since 2011 and worked there for 25 years.
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BMW wireless charging may break iPhone 15's NFC chip, owners report. Apple is preparing iOS 17.0.3 likely to address iPhone 15 Pro overheating.