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Apple’s profit slump means a pay cut for Tim Cook
Apple CEO Tim Cook's total compensation took a dive for 2016, as the company missed its financial targets for the year.The company's earnings for the year to Sept. 24 dropped 14 percent compared to a year earlier.As a result, Cook's total compensation dropped 15 percent -- despite a 50 percent rise in base salary.+ ALSO ON NETWORK WORLD Tech's biggest CEO raises and pay cuts +He certainly won't have to start eating ramen noodles -- he made US$8,747,719, after all -- but he and fellow senior executives lost out on a few million each because of the poor performance.To read this article in full or to leave a comment, please click here
The server is the core building block of the NFV infrastructure.
