Apple Inc. cleared its internal financial targets in 2019, but CEO Tim Cook’s executive compensation fell by roughly one-quarter because of revenue and profit declines tied to weaker iPhone sales. The company exceeded expectations in fiscal 2018, when the tenth-anniversary iPhone delivered a record $265.6 billion in revenue and earned Mr. Cook a $12 million cash bonus.

Source: Wall Street Journal January 04, 2020 00:33 UTC