After compiling SEC data filed by 410 companies containing 2,050 executives, Bloomberg Businessweek reveals that Apple dominates the S&P index's top five best-paid executives with four of its own. Together, Apple's fantastic four raked in nearly $300 million dollars in cash and stock options during its 2012 fiscal year.
Absent from the list though are possibly the company's most well-known employees: CEO Tim Cook and famed designer Jonathan Ive. In fact, Cook came in 1,016th. Rather, top compensation went to other high-level talent whom Apple deemed essential to keep the fire burning after Steve Jobs' unfortunate departure.
The most well-paid employee at Apple (and second best paid anywhere) is hardware engineer-turned senior VP of technology Bob Mansfield who received a healthy $85.5 million package atop his $850K base salary.
The other three, senior VP of operations Jeffrey Williams, Apple's top legal counsel Bruce Sewell and Chief Financial Officer Peter Oppenheimer follow closely behind with packages valued just under $70 million each.
Apple's cash-driven retention strategy appears to be working. Since its transition from Jobs' leadership, only one senior executive has left voluntarily. "Obviously, they are doing something right," analyst Steven Hall told Bloomberg.
While four out of the five most well-paid employees hail from Apple, the top spot actually goes to Oracle's CEO. Larry Ellison, a man who already owns his own island, snagged a whopping $96.2 million in compensation for his leadership role at Oracle.
The Apple iPhone 5 is the latest flagship smartphone from Apple. The iPhone 5 features a 4-inch display retains the same 326 PPI density as its predecessor with an effective resolution of 1,126 x 640, and a new Lightning connector. The new handset now features 802.11a/b/g/n Wi-Fi with 802.11n supporting dual-band 2.4GHz and 5GHz frequencies. Bluetooth 4.0 is back in addition to GPS and GLONASS for location services.
The iPhone 4S looks identical to last year's model but comes in a new 64GB flavor and upgrades the camera to include an 8-megapixel sensor with improved low-light performance and 1080p video capture. In terms of performance the new iPhone is reportedly up to 2x faster and is also capable of running on faster HSPA+ networks, reaching theoretical download speeds of up to 14.4Mbps.
The Apple iPad (3rd-gen) includes a Retina Display operating at a resolution of 2,048 x 1,536. Powering the new iPad is a dual-core A5X processor with quad-core graphics, it also gets upgraded optics in the form of a 5MP backside illuminated sensor that features a 5-element lens, IR filter and ISP built into the A5X chip. Apple claims The new iPad is good for 10 hours of battery life and nine hours when using 4G LTE.
The MacBook Air sports a 1.8GHz dual-core Intel Ivy Bridge Core i5 processor that Turbo Boosts up to 2.8GHz, 4GB of 1600MHz DDR3L SDRAM, 128GB of flash storage and integrated Intel graphics. It is still extremely thin and lightweight at only 0.68-inches at the thickest part and 2.96 pounds. The MacBook Air carries a 13.3-inch diagonal LED backlit display, operating at 1440 x 900 with a 16:10 aspect ratio.
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