Apple failed to meet its annual sales goals in 2016, and CEO Tim Cook paid the price.
Cook earned $8.75 million in 2016, according to a Securities and Exchange Commission filing from Apple on Friday. That compares with $10.28 million in 2015, and $9.22 million in 2014.
The Cupertino, California-based company had aimed to surpass its $223.6 billion in sales from 2015. Instead it fell short in 2016, raking in $215.6 billion.
Big, bright, round screen? Check. GPS? Check. Water resistant for swimming? Heart rate? Check, check. Misfit's newest fitness watch looks like it's going for all the features. But yet, after seeing it, I'm not even sure it'll exist in the form I saw.
Called Misfit Vapor, the round watch looks sharp and promises a mix of phone-connected and fully stand-alone functions. It also has Wi-Fi, and according to Misfit, it'll check email and even play music away from a phone.
img1790.jpg
Misfit Vapor's weather report.
Scott Stein/CNET
But music playback is limited to MP3s, loaded via a computer over USB or Wi-Fi. The Vapor can't connect to a phone to transfer music because it can't hook into services like Google Play or Apple Music, and doesn't have its own on-phone app store. According to Misift, the goal is to head to streaming music services eventually: maybe Spotify, or Amazon Music. Even the MP3 function didn't work during my demo.