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Power Of Share Market. Warren Buffett VS Tim Cook Per Year Income From Apple. Apple Company CEO vs Apple Company Share Holder.

Warren Buffett's Apple stake surged in value to a record $152 billion on Tuesday, as the technology stock climbed as much as 4% to $172 a share. The famed investor has more than quadrupled his money on the iPhone maker in a few short years, despite leaving about $8 billion on the table by trimming his position. Buffett's Berkshire Hathaway spent about $36 billion amassing just over 1 billion Apple shares between 2016 and mid-2018, adjusted for the 4-to-1 stock split last year. However, it slashed its holding by 12% to 887 million shares by the end of 2020. That figure was unchanged as of September 30 this year. Berkshire pocketed about $11 billion from its Apple stock sales in 2020, Buffett noted in his latest shareholder letter. The company netted another $2 billion or so from its disposals between the third quarter of 2018 and the end of 2019. If Berkshire hadn't sold any shares, its Apple stake would be worth as much as $173 billion — $21 billion more than its current value. Subtract the roughly $13 billion cashed out by Buffett and his team, and they potentially missed out on $8 billion in unrealized gains.

Buffett acknowledged during Berkshire's annual shareholder meeting in May that he likely erred in pruning his Apple stake. "That was probably a mistake," he said, adding that his business partner and Berkshire's vice-chairman, Charlie Munger, had advised him not to trim the position. Apple is by far the largest holding in Berkshire's US stock portfolio, accounting for 43% of its total value of $293 billion at the end of September. The tech bet is worth more than the next four biggest positions — Bank of America, American Express, Coca-Cola, and Kraft Heinz — combined. Apple CEO Tim Cook raked in quite a lot of moolah in the year 2021. Cook drew $3 million in salary, received stock awards worth over $82 million, $12 million as compensation under the non-equity incentive plan and $1.39 million in other compensation.   The $1.39 million compensation includes $712,488 private jet travel, $630,630 for security, $23,077 for vacations, term life insurance premiums worth $2,964 and $17,400 contribution to his 401 (k) plan. Combine all of this and Cook draws a total of over $98 million from the company.The Apple boss does not use commercial airlines for jet-setting for work and personal purposes since Apple has provided him a private aircraft for security and efficiency reasons. The cost of Cook’s private aircraft is computed by factoring in hourly flight charges and variable costs like variable fuel charges, departure fees and landing fees.   He has been spearheading the company since almost 10 years and Cook also received an equity award for the first time ever since he was promoted to the post of a CEO in 2011. “In 2021, we also marked the tenth anniversary of Tim Cook’s leadership as CEO. It has been a remarkable decade for Apple, and in 2021 Cook was granted an equity award for the first time since he was promoted to the CEO role in 2011,” Apple said in an SEC filing.

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