NEW YORK (TheStreet) --Tim Cook celebrated his five-year anniversary as CEO of Apple (AAPL) - Get Report on Wednesday and Bloomberg News's Caleb Melby joined this afternoon's "Bloomberg Markets" to take a look at Cook's compensation over the past five years.

"In 2011 when he joined they gave him a one million restricted stock units, they re-tooled that in 2013 so some of them would be tied to beating the S&P 500, and he's done that," Melby noted.

Cook has gained half of those one million units, which are now 3.5 million units, following the seven-to-one stock split, those units now total $375 million for Cook's five years as CEO.

Caleb concluded by explaining how the methodology Cook has employed to beat the S&P varies from the former CEO and Apple founder Steve Jobs' tactics.

"If you look [at] their performance against the S&P, certainly Tim Cook's Apple looks different than Steve Job's Apple. Sales have slowed, some of that is buybacks and dividend increases, so a different way of beating the S&P than prior to 2011, but still doing it," Melby said.

Shares of Apple were lower during late-afternoon trading on Thursday.

(Apple is a part of Jim Cramer's charitable trust portfolio Action Alerts PLUS. See all of Cramer's holdings with a free trial).

Separately, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

TheStreet Ratings rated this stock as a "buy" with a ratings score of B+.

The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

You can view the full analysis from the report here: AAPL

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