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Apple penalized CEO Tim Cook for the iPhone maker's first sales slump in 15 years with a 15 percent pay cut.


Cook still did extremely well
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, with a compensation package valued at $8.7 million for Apple's fiscal year that ended Sept. 24, according to a regulatory filing made Friday. But the amount was down from nearly $10.3 million in the prior year.


The Cupertino, California, company cited a downturn in Apple's revenue and operating profit as the main reason it cut the pay of Cook and its other top executives.


Apple's revenue dropped 8 percent to $216 billion, while its operating profit declined 16 percent to $60 billion. That was mainly because it sold fewer iPhones for the first time since the device came out in 2007.


It also marked the first time that Apple's annual revenue decreased since 2001
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, which was just before the company's late co-founder and CEO Steve Jobs unveiled the iPod. That digital music player set the stage for the iPhone and iPad.


The iPhone triggered a revolution in mobile computing and became Apple's biggest moneymaker, even as a wide range of device makers released competing products primarily running on Google's free Android software. Most of the world's smartphones are powered by Android, but the iPhone remains a popular high-priced status symbol.


Even so, consumers are holding on to their existing iPhones for longer periods instead of upgrading to a newer model every year or two. That has raised investor concerns that Apple has become too dependent on the iPhone, a nagging worry that has been aggravated by the company's inability to introduce another breakthrough product since Jobs' death in 2011.


Cook
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, Jobs' anointed successor, had hoped Apple would have another huge hit with a smartwatch unveiled in 2014, but that device has only had moderate success.


Apple's regulatory filing revealed that the company was bracing for a sales drop last year, although not quite as steep as what occurred. The compensation committee for Apple's board of directors had established a revenue goal of $224 billion for last year, which would have been a 4 percent decline from the previous year.


The company expected sales to rebound during the holiday shopping season on hopes that consumers would be snapping up its latest iPhones
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, the 7 and 7 Plus. Apple will release its quarterly results that include the holidays later this month.


SOCHI, Russia — Backed by ships, helicopters and drones, Russian rescue teams searched Sunday for victims after a Russian plane carrying 92 people to Syria crashed into the Black Sea shortly after takeoff. Investigators said they were looking into every possible cause for the crash, including a terror attack.


All 84 passengers and eight crew members on the Russian military's Tu-154 plane are believed to have died when it crashed two minutes after taking off at 5:25 a.m. in good weather from the southern Russian city of Sochi. The passengers included dozens of singers in Russia's world-famous military choir.


More than 3
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,000 rescue workers on 32 ships — including over 100 divers flown in from across Russia — were searching the crash site at sea and along the shore, the Defense Ministry said. Helicopters, drones and submersibles were being used to help spot bodies and debris. Powerful spotlights were brought in so the operation could continue all night.


Emergency crews found fragments of the plane about 1.5 kilometers (1 mile) from shore. By Sunday evening, rescue teams had recovered 11 bodies and Transport Minister Maxim Sokolov said fragments of other bodies were also found.


Asked if a terror attack was a possibility, Sokolov said investigators were looking into every possible reason for the crash. Several experts noted factors that suggested a terror attack
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, such as the crew's failure to report any malfunction and the fact that plane debris was scattered over a wide area.


The plane was taking the Defense Ministry's choir, the Alexandrov Ensemble, to perform at a New Year's concert at Hemeimeem air base in Syria's coastal province of Latakia. Those on board also included nine Russian journalists and a Russian doctor famous for her work in war zones.


Russian President Vladimir Putin went on television to declare Monday a nationwide day of mourning.


"We will conduct a thorough investigation into the reasons and will do everything to support the victims' families," Putin said.


The Black Sea search area — which covered over 10 square kilometers (about 4 square miles) — was made more difficult by underwater currents that carried debris and body fragments into the open sea. Sokolov said the plane's flight recorders did not have radio beacons, so locating them on the seabed was going to be challenging.


The Tu-154 is a Soviet-built three-engine airliner designed in the late 1960s. More than 1
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,000 have been built, and they have been used extensively in Russia and worldwide. The plane that crashed Sunday was built in 1983, and underwent factory check-ups and maintenance in 2014 and this year, according to the Defense Ministry.


Magomed Tolboyev, a decorated Russian test pilot
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, said it was clear that all on board had died in the crash.


"There is no chance to survive in such situation," he said, according to the Interfax news agency.


Before Sokolov spoke to reporters in Sochi, senior Russian lawmakers had ruled out a terror attack, arguing that the military plane was under reliable protection. Security is particularly tight in Sochi
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, the Black Sea city that hosted the 2014 Winter Games and is regularly visited by Putin, who often receives foreign leaders at his residence there.


But some experts said the crew's failure to report a malfunction pointed at a possible terror attack.


"Possible malfunctions ... certainly wouldn't have prevented the crew from reporting them," Vitaly Andreyev, a former senior Rus.
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