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Apple senior vice president Eddy Cue sold off almost $9 million in Apple stock last week, following in the footsteps of Bob Mansfield, senior vice president of technologies, who sold off $20 million in shares.
So far it looks as if Apple bigwigs want a payday, or perhaps it's just a sign of monkey-see, monkey-do. Mansfield sold on Nov. 28, while Cue, senior vice president of Internet software and services, sold his 15,000 shares on Nov. 30, according to the Next Web. Is it a coincidence? It's hard to say.
While some say this is a sign that Mansfield may he leaving Apple, the idea that Cue would be leaving Apple seems much more difficult to accept. He was placed in his role by chief executive Tim Cook and seems to only be rising in the company, according to CNET. Cue was also given 100,000 shares of unrestricted Apple stock last year which won't vest until 2014. This may keep Cue at the company.