Eddy Cue is one of the emblematic characters of the North American firm, we love the interventions "of the Indian salao" in all the Keynotes of Apple. However, the man also has to be attentive to his finances. The manager of iTunes at Apple has sold around 335.000 shares of the Cupertino company this last week, which has brought him a profit of around 35 million dollars. Perhaps the Apple executive is aware that they are hardly going to reach a value like the current one again, one of the best times in the company's history, so it is a good time to get rid of them and earn some money from He passed.
During the past month of September, the Apple executive earned around 525.000 shares, worth approximately $ 59,6 million. I mean, Eddy Cue has divested about 75% of its total Apple shares, which had been accumulating since November 2011.
But he is not the only one at Apple that is divesting shares, Senior Vice President of Hardware Engineering Dan Riccio has also made a profit from his shares, about 33.300, which They have brought him a benefit of just over three and a half million dollars.
Apple is financially healthy, almost better than ever, which is leading to movements in these types of financial activities. Everything that goes up comes down, and Apple has to go down. Not long ago it peaked when it comes to market value, a peak it probably won't reach for many years (unless the next iPhone is "the bomb"), so ditching stocks is now a challenge. smart move, especially if you are a senior Apple executive, which ensures you access to a good handful of shares in the future, in case things improve.