Buried in Apple's "Schedule 14A" report with U.S. Securities and Exchange Commission is the fact that Apple spends close to $700,000 per annum to protect Apple's CEO Tim Cook.

Formally the report states: "This amount represents: (i) the Company's contributions to Mr. Cook's account under its 401(k) plan in the amount of $15,600; (ii) Company-paid term life insurance premiums in the amount of $2,520; (iii) vacation cash-out in the amount of $56,923; and (iv) security expenses in the amount of $699,133."

As the CEO of the most profitable tech company on the planet, it's the price of doing business in a gun ridden country. You rarely see his security but I'm sure it's like the movies as noted in our cover graphic … Or not.

About Making Comments on our Site: Patently Apple reserves the right to post, dismiss or edit any comments. Comments are reviewed daily from 4am to 6pm PST and sporadically over the weekend.

A Hearty Thanks goes out to the Reddit Community for Supporting this Report



