Apple’s CEO Tim Cook is not much worried about self. According to the recent reports, Apple’s expenditure on the health and the security of their CEO Tim Cook is very low. Apple is one of the largest tech companies in the world however it is quite surprising that they never spent too much on their CEO. According to the post in New York Post, recently Facebook coughed more than 5 million dollars to keep their CEO in good health and alive. There are other companies too who spend a lot on their top executive life and health however there is no one like Facebook.
No one is even a foot closer to them. Amazon spends close to 1.6 million dollars on Jeff Bezos. These companies are spending lavishly on the security and the lives of the top executives however Apple has relatively low budget on the expenditure of security of their key people. Tim Cook holds the top position in Apple and is more than responsible for every key decision that is made in the company. Tim is the key decision maker for every venture partnerships and the upcoming product releases too. Tim does not want Apple to spend much on him. He finds this expenditure completely waste and wants to keep it minimal.
He would rather want to utilize the money of the company on important aspects like design, aesthetics and technology. Tim is currently working on the releasing the next segment of the iPhone 7. After the huge losses suffered from the iPhone 6 models, he is expecting to cover the losses. Form next year 2017, Apple is going to revamp their devices. Tim is unhappy with the current market performance of their devices and wants to bring a complete design makeover in their devices. It has also been reported that Apple will also be changing their aluminum back cover and bringing back the old glass back design.
