Tim Cook sells Apple stocks for the first time since 2021, makes $41.5 million

📆 05.10.2023 07:26:00
📰 PhoneArena

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chose to sell some of his own Apple shares was in August, 2021. At that time, he pocketed $355 million. In 2022, he was one of the few Apple executives not to sell any.

The price before taxes was around $87.8 million, accounting for approximately half a million APPL stocks. It’s interesting that, Apple’s shares have fallen 13% from their record high of $198.23 in July, probably as a result of investors being concerned about a slower-than-expected recovery in smartphone demand in 2023. Shares of the Cupertino, California-based company were down 0.6% in trading before the bell.

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