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Apple Board Modifies Tim Cook CEO Bonus Stock Award to Be More Performance Based

Wall Street's unrealistic expectations will force Apple to release half baked products and its eventual demise.
 
heyyoudvd said:
I don't like this one bit.

On the surface, it seems great that he's willing to forfeit money if the company performs poorly, as it indicates a sort of selflessness. However, in reality, this simply serves to give him a greater incentive to focus on stock price.

If Apple starts to focus too heavily on its stock price, that could be disastrous for the long run. It means that the company will start playing things far too safe so that it can pacify investors, instead of making bold, risky decisions, as Apple has always done.
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What's the alternative? If CEOs are paid a fixed salary, what's to stop them from just sitting there and collecting their annual paycheck.
 
Have people forgotten that Steve recommended Cook take over as CEO? Perhaps Steve knew something the armchair quarterbacks don't?
 
None of our business. None whatsoever. Apple voyerism has it's limits and this has reached WAYYY beyond.
 
Agreed, except...

anomie said:
1. Maybe not to you.
2. Maybe to you.
3. Innovation does not mean you revolutionize the mp3 market, phone market, tablet market every year.

Anyway, what big changes do you expect with todays hardware available for mass production?
Apple always was pulling the full potential out of available hardware and making every single competitor follow their example.
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In recent times, the iPad mini. However they leapfrogged the others in terms of quality, incredible user experience, and reliability, essentially outclassing their competition if you want to call it that.

Obviously Tim Cook has a different style from Steve, but I think he has done a great job to facilitate design collaboration. He also continues a corporate culture of fostering a very deliberative approach to releasing products and services. Nuff said.
 
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Cook is exhibiting highly responsible CEO behavior. If this is any indication, Apple's best years are still ahead.
 
FrozenDarkness said:
i don't think you get apple. You're probably the same shill who argued that apple didn't invent the iphone and invent the ipod then come around and argue apple is all about looks that you don't agree with. Realize that looks are opinions and accept that people can agree/disagree with you. This reminds me of when they released the ipad, OH JUST A BIGGER IPHONE LOL INNOVATION, or when they released an ipod touch LOL JUST AN iPHONE W/O THE PHONE or released the retina display LOL ALL "MARKETING" TALK

ayway, back on topic. this is suspicious to me as tim cook also recently announced the stock buyback. it's obvioulsy good to have it be incentive based if he believes stock price will be going up and apple certainly will make sure of this.
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Maybe you should respect othe people's opinions; just because they don't agree with your narrow mindness doesn't mean they're wrong. As it happens, I agree with them, not you!
 
Rogifan said:
Have people forgotten that Steve recommended Cook take over as CEO? Perhaps Steve knew something the armchair quarterbacks don't?
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Yea - Steve also pushed to hire John Sculley as CEO - Sculley turned around and got Steve fired (forced quit ?).

Even Steve made some really bad decisions.

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Yojimbo007 said:
Major correction to what u said.
Tim has been no where near a disaster for the stock holders!
Markets ignorant obsession and fixation on Jobs having been everything in apple ( and no one else counting) And jobs passing away is the biggest disaster.

It is the blindness of market not Tim.
All this bs rant about no innovation. Apple has put out an innovative product , on average , ever four years! And in between conservative steps to maturing the product!
Suddenly With Tim Cook, he has to put out a revolution every year.
Stupid!
Tim is not at fault... It is the ignorant market at fault!
Mind u apple still make 50 billion a year in pure profit!

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He reduced his reward from what it would have been!
Voluntarily!
Would u do that!?
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Absurd position - you are oblivious to the FACTS - one of the largest losses of shareholder value in business history. Blaming the market does not work. Cook is responsible and the results are a train wreck. He is way over compensated and under performing from a shareholder (owner's) perspective.
 
I don't really care what Tim makes or how he makes it.

Thus far he is doing a pretty good job as CEO. That is that matters really.
 
Yochanan said:
None of our business. None whatsoever. Apple voyerism has it's limits and this has reached WAYYY beyond.
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It is a publicly owned company. Tim's compensation is public, and not private. Tim knew that when he accepted the position.

Why would you think otherwise?
 
iamkarlp said:
Geekbench tells a story, but not necessarily the story.

Karl P
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A brand new 2013 machine should outperform a machine released in 2010 by more than 8%. Its embarrassing especially considering this thing as marketed as a professional machine. There also were far too many tradeoffs made for the form factor that will force it to not only perform worse, but inflate the cost of the machine as well. For the target audience these tradeoffs are not worth it. The mac pro should have been reinvented as a traditional mid size tower instead of this can shaped thing.
 
blackhand1001 said:
A brand new 2013 machine should outperform a machine released in 2010 by more than 8%. Its embarrassing especially considering this thing as marketed as a professional machine. There also were far too many tradeoffs made for the form factor that will force it to not only perform worse, but inflate the cost of the machine as well. For the target audience these tradeoffs are not worth it. The mac pro should have been reinvented as a traditional mid size tower instead of this can shaped thing.
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The original Macintosh should have had more than 128K of RAM.

The first iPhone also should have had at least as many features as Windows Mobile did back in 2007.

The first iPad should have let you run more than one app at a time, which almost any computer made within the last 25 years can do.

Raw performance and feature checklists aren't everything.
 
rei101 said:
Is more symbolic than anything else but it is clear that Apple is not the same company and that there is not actual innovation.

1. The Mac Pro... it is just hardware but the shape is not wow at all.
2. iOS7 new interface looks weak
3. The rest of the peripherals are just thinner.

So... yeap, a consumer company but not innovative and the CEO has to keep it that way.
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1. The macpro is able to pack the same internals as a standard tower and it is not wow?
2. meh, hopefully that changes
3.12 HOURS battery life on the Air, are you effin kidding me? Have you seen how tiny that thing is?
 
kas23 said:
Yeah, like the 8% increase in its Geekbench score.
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Geekbench is CPU based. The big performance boost with the new MacPro will be GPU based OpenCL. Intel has hit a ceiling for now as far as CPU performance goes. Apple is responding to this reality by optimizing performance in other ways. Please withhold judgement until we have a shipping MacPro. Only then will the truth be known. ;)

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chas0001 said:
He should probably pay any tax in Ireland!
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Tim owes taxes in Ireland? I didn't know that, I thought he lived in the USA.

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blackhand1001 said:
A brand new 2013 machine should outperform a machine released in 2010 by more than 8%. Its embarrassing especially considering this thing as marketed as a professional machine. There also were far too many tradeoffs made for the form factor that will force it to not only perform worse, but inflate the cost of the machine as well. For the target audience these tradeoffs are not worth it. The mac pro should have been reinvented as a traditional mid size tower instead of this can shaped thing.
Click to expand...

Geekbench is CPU based. The big performance boost with the new MacPro will be GPU based OpenCL. Intel has hit a ceiling for now as far as CPU performance goes. Apple is responding to this reality by optimizing performance in other ways. Please withhold judgement until we have a shipping MacPro. Only then will the truth be known.
 
MacDav said:
Geekbench is CPU based. The big performance boost with the new MacPro will be GPU based OpenCL. Intel has hit a ceiling for now as far as CPU performance goes. Apple is responding to this reality by optimizing performance in other ways. Please withhold judgement until we have a shipping MacPro. Only then will the truth be known. ;)

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Tim owes taxes in Ireland? I didn't know that, I thought he lived in the USA.
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Bullcrap, there has been far more than 8 percent improvements made since 2008 in cpu performance.
 
Apple Corps said:
So how well has the stock buyback program been working? The buyback is more of a gimmick that will not help shareholders - I've opined on that in detail earlier. Apple needs to get the WOW factor back - what we learned at WWDC has certainly not increased Wall Streets view of Apple under Cook's leadership.
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How many wow did Steve Jobs produce in 30 years?

Apple II
Macintosh
iMac
iPod + iTunes
iPhone
Macbook Air
iPad

All other minor updates, in your opinion, don't have that WOW factor.
 
Steve Jobs , Cook is not

Yoda%20-%20ESB.jpg
 
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