Remains of the Day: Money makes the world go round

04.11.2011
As The O'Jays once so eloquently put it: "Money money money money money...monnnneyyyy." Whether it's bonuses to Apple execs, the company's new "EasyPay" retail system, a deal with another U.S. carrier, or an attempt to woo a content provider to the tablet, you can bet dollars to donuts that it's the dollars--not the donuts--that make the world go round. Those and the lasers, anyway. Oh, what the remainders for Friday, November 4, 2011 couldn't do with plenty of money and you.

(CNET)

Apple's doing well financially. So why not reward Apple's executive team--while also ensuring that they stick around? That's what Apple did Wednesday, when it passed out 150,000 shares of stock to each of its most senior vice presidents. Getting the $60M payout (in today's value, but vesting in 2013 and 2016) are SVP and general counsel Bruce Sewell, SVP of Operations Jeffrey Williams, SVP of Worldwide Product Marketing Phil Schiller, CFO Peter Oppenheimer, SVP of Hardware Engineering Bob Mansfield, and SVP of iOS Software Scott Forstall. SVP of Internet Software and Services Eddy Cue gets a smaller 100,000-share grant (but previously was awarded 100,000 shares when he was promoted in September).

(Cult of Mac)

That supposed Apple Store payment system revamp didn't appear this week, , but according to Cult of Mac, it's coming soon: Signs have reportedly begun appearing at Apple's retail locations, letting customers know they'll be able to purchase certain items from their phone. Or, alternatively, letting them know just which items are ripe for the taking.

(9to5 Mac)