Apple CEO Tim Cook sells stock worth over $50 million

Apple CEO Tim Cook has sold a significant portion of his Apple stock holdings, according to a recent filing with the US Securities and Exchange Commission (SEC). The sale, totalling over $50 million, comes as Apple’s stock price recently hit a new all-time high.

Cook reportedly sold 223,986 shares of Apple stock at an average price of approximately $227 per share, with other company executives following suit.