r/technology Jan 13 '23 Bravo! 1 Helpful (Pro) 1

Apple CEO Tim Cook to take more than 40% pay cut Business

https://apnews.com/article/technology-apple-inc-tim-cook-business-d056553b10120c4a968b562cb7ece5d2
39.1k Upvotes

3.9k comments sorted by

View all comments

Show parent comments

15

u/big_sugi Jan 13 '23

$49 billion, according to the most recent report I saw.

-1

u/DeeJayGeezus Jan 13 '23

That was around their total profits for the year, not their total holdings. You can find all this information yourself on the 10-K. Public companies need to make all this information very transparent.

4

u/big_sugi Jan 13 '23

Apple has famously kept a lot of cash on hand for years. As of 9/30/22, they had $48.3 billion in cash on hand.