Key Points
[1/2]Apple CEO Tim Cook attends the 'Wonderlust' event at the company's headquarters in Cupertino, California, U.S. September 12, 2023..
Chief Executive Officer Tim Cook made $41.5 million after taxes in his biggest share sale in two years, a U.S. securities filing showed...
Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday..
The Apple chief owns about 3.3 million shares, valued at about $565 million, following the sale, the filing showed...
Analysts at KeyBanc downgraded the stock to "sector-weight" from "overweight" on Wednesday on worries that sales growth in the United States - Apple's largest geographical segment - was likely to slow again in the fourth quarter...
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