Apple CEO Tim Cook sells over half a million shares worth $88 million, pocketing $41 million after taxes

Tim Cook sold 511,000 shares worth about $87.8 million before taxes, his largest sale in two years.
After the sale, Cook still owns around 3.3 million Apple shares valued at $565 million.
Other Apple executives including Deirdre O'Brien and Katherine Adams also sold shares worth over $20 million each.
Apple stock has fallen 13% from its July peak amid concerns over slowing iPhone sales due to high inflation and fewer upgrades.
Cook's share sale was part of a pre-arranged trading plan adopted in November 2022.