Apple Inc. (AAPL) News: CEO Tim Cook’s Stock Rewards, Lifesaver Siri, Bullish Huawei’s Deem & More

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Apple’s board links CEO Tim Cook’s bonus to stock’s performance (FrenchTribune)
In a bid to reassure investors, the board of technology giant Apple Inc. (NASDAQ:AAPL) has linked Chief Executive Officer Tim Cook’s bonus to the performance of the company’s stock. Mr. Cook will receive nearly 80,000 Apple shares each year, 50 per cent of which will be linked to the market value of the stock. Mr. Cook will receive the full amount, if the performance of Apple Inc. (NASDAQ:AAPL)’s stock is in the top 33 per cent of Standard & Poor’s (S&P’s) 500 Index companies. But, if the stock is in the middle third, the CEO will receive 60,000 shares; and if the stock is in the bottom third, he will receive only 40,000 shares.

Huawei plans to oust “slipping” Apple as number 1 mobile firm (ITProportal)
A bullish Huawei believes it can take the place of tech behemoth Apple Inc. (NASDAQ:AAPL), which it said is “slipping” in the mobile market. The Chinese manufacturer has set out a plan to become one of the three biggest mobile brands by the end of 2015, starting with the release of the Huawei Ascend P6, the thinnest smartphone the industry has seen. …Apple was not immune to criticism either. Yu acknowledged that iOS 7 makes the iPhone “extremely simple to use,” but said that Huawei would not even have to play catchup, as Apple Inc. (NASDAQ:AAPL) is slipping. “We want to go higher than them,” he added.



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