News for hackers. Stuff that matters.
Re:Apple's Tim Cook Voluntarily Forgoes $75 Million Payout by fijal on Saturday May 26, 2012 @08:21AM (#4027154)
According to forbes [http://people.forbes.com/profile/timothy-d-cook/6607] he has 52bln$ in stock. He's just giving up on loose change. This is comparable to me giving up back to the company around $30, I think I would not have a problem with it (it also would not make big news)

UPDATE: ups, indeed, I can't read, moot point then

Re:Apple's Tim Cook Voluntarily Forgoes $75 Million Payout by crntaylor on Saturday May 26, 2012 @08:33AM (#4027171)
That's $52 million, not $52 billion, and that's 2010 income. He has unvested stock worth up to half a billion over the next decade (assuming the share price stays roughly where it is at the moment).
Re:Apple's Tim Cook Voluntarily Forgoes $75 Million Payout by muench on Saturday May 26, 2012 @08:34AM (#4027172)
That's an award of $52 million restricted stock units for compensation in 2010. If he had $52 billion in apple stock he'd be near the top of the list of billionaires.