Tim Cook, Apple
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The Tim Cook era at Apple is officially over — at least in the CEO's office. After 15 years at the helm of one of the world's most valuable companies, Cook stepped down as chief executive on Sept. 1,
Tim Cook is poised to earn a $2 million salary and stock awards with a target value of $45 million in his first year as Apple's executive chairman.
The story is straightforward: The companies writing the biggest checks just told investors that memory prices are still going up, supply remains tight, and they are going to keep spending anyway. For investors who own shares of Micron Technology ( MU +2.42%) or Sandisk ( SNDK +1.08%), this should be music to your ears.