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

📆 5/10/2566 12:26:00
📰 PhoneArena

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Sebastian, a veteran of a tech writer with over 15 years of experience in media and marketing, blends his lifelong fascination with writing and technology to provide valuable insights into the realm of mobile devices. Embracing the evolution from PCs to smartphones, he harbors a special appreciation for the Google Pixel line due to their superior camera capabilities. Known for his engaging storytelling style, sprinkled with rich literary and film references, Sebastian critically explores the impact of technology on society, while also perpetually seeking out the next great tech deal, making him a distinct and relatable voice in the tech world.

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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