Apple's senior execs dominate top 5 best-paid
When it comes to compensation, these days it's good to be one of Apple's top executives.During Apple's 2012 fiscal year, four of its executives landed in the top five for highest compensation at a Standard & Poor's 500 company. But the folks that made it into that list might surprise you.According to Bloomberg BusinessWeek, which collected compensation data from some of the world's top executives, Apple senior vice president of technologies, Bob Mansfield; CFO Peter Oppenheimer; general counsel Bruce Sewell; and operations chief Jeff Williams all made it into the top five for highest compensation.Mansfield led the pack among his colleagues, earning a whopping $85.5 million during the company's 2012 fiscal year. Sewell raked in $69 million, according to Bloomberg, while Williams nabbed $68.7 million. Oppenheimer was just behind him with $68.6 million in compensation.Nearly all of the compensation for those executives came in the form of stock; all of them earned a base salary of $805,400. According to Apple, it decided to reward its top executives handsomely "in order to retain the company's executive team during the CEO transition" from Steve Jobs to Tim Cook.And what about Cook, boss of the aforementioned quartet of Apple executives? He could only muster a $4.17 million package, ranking him in 1,016th place in Bloomberg BusinessWeek's study. But don't feel too bad for him: among other things, in 2011 he received a $378 million restricted stock award.None of Apple's executives, meanwhile, could match Oracle CEO Larry Ellison, who walked away with a staggering $96.2 million in total compensation last year.
Apple's Schiller- White iPhone will debut in spring
Apple's Schiller: White iPhone will debut in spring
Responding to a question from 16-year-old Twitter user Eric Anderson asking how to get the white iPhone, Apple's vice president of worldwide product marketing, Phil Schiller, tweeted yesterday that the phone would be available this spring. And in Schiller's opinion, the new phone is a "beauty."The tale of the white iPhone has been a long and mysterious one since last June's debut of the iPhone 4.Pointing to a delay caused by manufacturing problems, Apple initially said the white version would be available in July. When July came, Apple was forced to push the launch date until later in 2010, admitting that the white handset was proving more "challenging to manufacture than we originally expected." Then in October, Apple announced yet another postponement, this time pushing back the phone's appearance until this coming spring.Apple hasn't given any specific reasons for the ongoing series of delays, other than citing manufacturing challenges. Some sources claimed the issue has been due to light leaking out and affecting the camera, while others pointed to a mismatch in the color for the home button.Whatever the cause, Apple may have resolved the problem--consider the iPad 2, which debuted this weekend in both white and black.Schiller's tweet also comes on top of a report from an analyst with Concord Securities who said last week that Apple has solved the issues with the white iPhone, which he believes were due to a full-lamination problem that affected the coating of the phone. Analyst Ming-Chi Kuo added that Apple is ramping up production this month to ship the white phone at the beginning of April.
Responding to a question from 16-year-old Twitter user Eric Anderson asking how to get the white iPhone, Apple's vice president of worldwide product marketing, Phil Schiller, tweeted yesterday that the phone would be available this spring. And in Schiller's opinion, the new phone is a "beauty."The tale of the white iPhone has been a long and mysterious one since last June's debut of the iPhone 4.Pointing to a delay caused by manufacturing problems, Apple initially said the white version would be available in July. When July came, Apple was forced to push the launch date until later in 2010, admitting that the white handset was proving more "challenging to manufacture than we originally expected." Then in October, Apple announced yet another postponement, this time pushing back the phone's appearance until this coming spring.Apple hasn't given any specific reasons for the ongoing series of delays, other than citing manufacturing challenges. Some sources claimed the issue has been due to light leaking out and affecting the camera, while others pointed to a mismatch in the color for the home button.Whatever the cause, Apple may have resolved the problem--consider the iPad 2, which debuted this weekend in both white and black.Schiller's tweet also comes on top of a report from an analyst with Concord Securities who said last week that Apple has solved the issues with the white iPhone, which he believes were due to a full-lamination problem that affected the coating of the phone. Analyst Ming-Chi Kuo added that Apple is ramping up production this month to ship the white phone at the beginning of April.
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