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I'm not knocking teachers but executives are required to make executive (as in to execute) decisions. It's a somewhat specific skill set that not everyone has (or would want) and far removed from seeking messenger bag advice on a forum.

Teaching requires many executive skills.

My point is that I could do the job of an Apple executive, and so could many other people. It took the executives many years get to the position, but for the job itself, it's doable by many people.
 
I think this is great. Employees of the company should be the biggest shareholders of the company and should be the primary beneficiaries of its success, not outside shareholders.
 
So you're 51 (15 transposed) and you've been a teacher for 20+ years. What were you doing the rest of the time... running Exxon?

Cut him a break. He's probably never worked for a company in his life, so he's clueless. Probably gets all of his corporate knowledge from movies.
 
So you're 51 (15 transposed) and you've been a teacher for 20+ years. What were you doing the rest of the time... running Exxon?

Medical school, graduate school, daytrader, rock climber, and bicycle racer.
 
Medical school, graduate school, daytrader, rock climber, and bicycle racer.

Well I hope someone on Apple's BOD is reading this thread, cause they'll probably want to bring you in pretty fast for an interview, before HP gets you.
 
Teaching requires many executive skills.

My point is that I could do the job of an Apple executive, and so could many other people. It took the executives many years get to the position, but for the job itself, it's doable by many people.

Teachers are not the analogue of executives. City or State Superintendents are. Teachers do not make strategic decisions that concern multiple disciplines underneath administration. I have no dog in this hunt from a political perspective but I'm getting tired of one side going completely bonkers at any type of criticism of capitalism, a system that has its imperfections like any, and then the other side desiring so much that everyone be recognized as equally able as everyone else that they're willing to also bend reality to suit their ideological presuppositions.

I'm sorry. It doesn't work that way. Racquet stringers are not qualified as cardiovascular surgeons. Basket weavers aren't expert deep sea divers. Strategic management is not the domain of a schoolteacher who runs the same lesson plan for every one of their 40, 120, or 200+ students. They do not have backgrounds in operations management, cost accounting, finance, marketing, etc.

And I have cerebral palsy and I don't fool myself into thinking I can win the Boston Marathon... I'm not an invalid, but I'm also not deluded.

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Medical school, graduate school, daytrader, rock climber, and bicycle racer.

"Daytrader" is basically saying that you never picked up a finance textbook in your life, you don't understand the mechanics of business valuation, and you don't care.

In other words, you might as well have said "astrologer."
 
Well I hope someone on Apple's BOD is reading this thread, cause they'll probably want to bring you in pretty fast for an interview, before HP gets you.

The mocking is expected. To reiterate, my objective is not to be an Apple exec. I'm just saying that I could do the job, and many of you could too. Certain skills are needed, but these skills aren't just in the hands of a select few.
 
The mocking is expected. To reiterate, my objective is not to be an Apple exec. I'm just saying that I could do the job, and many of you could too. Certain skills are needed, but these skills aren't just in the hands of a select few.

Maybe, just maybe, you have the raw talent and intellect that, after 20 or so years of experience could, maybe, qualify you for the job. But the skills sure as hell aren't in your hands right now.

If ever there was someone who needed to be mocked for their ridiculous posts, you're the poster child. (Ahh, no pun intended.)
 
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Teachers are not the analogue of executives. City or State Superintendents are. Teachers do not make strategic decisions that concern multiple disciplines underneath administration. I have no dog in this hunt from a political perspective but I'm getting tired of one side going completely bonkers at any type of criticism of capitalism, a system that has its imperfections like any, and then the other side desiring so much that everyone be recognized as equally able as everyone else that they're willing to also bend reality to suit their ideological presuppositions.

I'm sorry. It doesn't work that way. Racquet stringers are not qualified as cardiovascular surgeons. Basket weavers aren't expert deep sea divers. Strategic management is not the domain of a schoolteacher who runs the same lesson plan for every one of their 40, 120, or 200+ students. They do not have backgrounds in operations management, cost accounting, finance, marketing, etc.

And I have cerebral palsy and I don't fool myself into thinking I can win the Boston Marathon... I'm not an invalid, but I'm also not deluded.

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"Daytrader" is basically saying that you never picked up a finance textbook in your life, you don't understand the mechanics of business valuation, and you don't care.

In other words, you might as well have said "astrologer."

Wrongs. Teachers are the executives. Administrators are the high paid secretaries and status quo enforces. And from my point of view, administrators steal their ideas from working teachers and call it their own - this is when they decide to effect a little change. If I had wanted to be a policeman, I would have gone into administration.
 
Quote:
Originally Posted by leroypants
Steve did not have a salary because he was cheating the government out of rightfully owed taxes. Steve was greedy and took pride in cheating the government out taxes (vote down if you know it's true but are just a Jobs defending fanboy).
Another candidate for a Darwin Award.
Another candidate for a Darwin Award.


I doubt it. Surely leroypants is a past DA winner and thus ineligible.
 
This is a great thread. I discovered that all of you have very friendly personalities. I love how you guys are able to discuss the news story without any insults or mocking and remain polite and professional while doing it, without bringing politics into the topic.
 
This is a great thread. I discovered that all of you have very friendly personalities. I love how you guys are able to discuss the news story without any insults or mocking and remain polite and professional while doing it, without bringing politics into the topic.

Why, thank you for recognizing that. :)
 
Apple's cash reserves are estimated to reach $94 billion by the end of this year. That money has not been invested in equipment, inventory, talent or intellectual property. It's just a vast pile of money sitting in a heap.

The typical reason that tech companies suspend dividends is to reinvest capital in the business to help it grow faster. Apple isn't doing that.

I guess you have not read up how Apple uses it's cash pile as negotiation leverage. You see parts suppliers prefer dealing with companies who can pay their bills w/o taking on debt to pay them. It's a good reason why no other company has been able to produce an iPad at iPad prices and get the margins Apple gets.

But let's go to the video tape: to-date ROAE 41% & ROAA 27%. So tell me again what Apple isn't doing w/ it's capital? Or that you'd really rather have a 5% dividend over 20% growth in stock price (this year alone).
 
Teaching requires many executive skills.

My point is that I could do the job of an Apple executive, and so could many other people. It took the executives many years get to the position, but for the job itself, it's doable by many people.


"It took the executives many years to get to the position" is correct. That's why they're respectively considered of great value and being given large retention "bonuses". A skill set plus years of experience equals value.
On the other hand, reading through your 90+ posts on this forum makes it abundantly clear that you could NOT do the job of an aapl exec. Stop deluding yourself.
 
"It took the executives many years to get to the position" is correct. That's why they're respectively considered of great value and being given large retention "bonuses". A skill set plus years of experience equals value.
On the other hand, reading through your 90+ posts on this forum makes it abundantly clear that you could NOT do the job of an aapl exec. Stop deluding yourself.

Maybe I was too harsh? I think he took his shoulder bag and went home.
 
Wrongs. Teachers are the executives. Administrators are the high paid secretaries and status quo enforces. And from my point of view, administrators steal their ideas from working teachers and call it their own - this is when they decide to effect a little change. If I had wanted to be a policeman, I would have gone into administration.


Now there you go again, taking the wishy washy less than direct approach. If you had wanted to be a policeman, it would have been better to go into law enforcement.
 
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There's also a good chance that this kind of "reward" prevented a large exodus of key people. Those who were aligned with jobs, had made plenty of money.

Many re-evaluated their lives as they watched Steve die. Deaths & funerals have that effect on people.

Only those on the inside of Apple know the real reason for this action.
 
I guess you have not read up how Apple uses it's cash pile as negotiation leverage. You see parts suppliers prefer dealing with companies who can pay their bills w/o taking on debt to pay them. It's a good reason why no other company has been able to produce an iPad at iPad prices and get the margins Apple gets.

But let's go to the video tape: to-date ROAE 41% & ROAA 27%. So tell me again what Apple isn't doing w/ it's capital? Or that you'd really rather have a 5% dividend over 20% growth in stock price (this year alone).
You're missing the key point. Apple's cash reserve is unallocated. They're not using it to pay bills or for any other business purpose. It's a fascinating (and unusual) business practice and I'm very interested to see what impact that massive stockpile has on their future actions and performance.
 
You're missing the key point. Apple's cash reserve is unallocated. They're not using it to pay bills or for any other business purpose. It's a fascinating (and unusual) business practice and I'm very interested to see what impact that massive stockpile has on their future actions and performance.

...but two thirds of the "cash" is in off-shore accounts to avoid paying US taxes. If Apple brought it to the US to invest in the business - Apple would have to contribute their fair share to the US.
 
Because even the best companies (even Apple) don't bat 1.000.

Sorry, but that's a really cop-out answer. We aren't talking about human error, or mistakes which everyone invariably makes, we are talking about incompetent people in charge of 10's or even 100's of millions of dollars, not to mention countless employees... to place incompetent people in any organization, and to keep them there and to reward them is utterly ridiculous.

The system of having the wrong kind's of people in the wrong kind's of jobs for all the wrong reasons is why America looks like it does (more and more like a South American banana republic).
 
Medical school, graduate school, daytrader, rock climber, and bicycle racer.

Lack of focus. That probably explains why they're aapl execs each getting $60M restricted stock retention bonuses, and you aren't. They had the skills, applied those skills for years, and gained tremendous experience which is of great value to aapl.
 
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