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Apple cuts CEO's salary after missing sales, profit goals

9 years 8 months ago
Marking a rare stumble, Apple Inc. on Friday revealed it missed its own annual sales and profit goals for the first time since 2009, putting a dent in Chief Executive Tim Cook’s annual paycheck and pressuring the company to deliver a blockbuster with its next iPhone.

Apple's App Store generated record sales

9 years 8 months ago
Apple Inc. said its App Store generated record revenue of more than $20 billion for developers in 2016, as that business roughly maintained its growth rate even as iPhone sales volumes declined.
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16 minutes 3 seconds ago
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