Apple CEO Tim Cook Could Earn Nearly $50 Million in Compensation This Year

[Abazigal]

You've based your entire argument on focussing on the areas Apple are strong and ignoring the ones where they aren't. For any company that competes with Apple you do the opposite, ignoring their market leading products and services and focusing on minutiae. It's pure confirmation bias.

This whole “Apple is doomed if it doesn’t hop on the bandwagon” mentality really needs to die, IMO.

Is it really such a bug deal if Apple ends up not announcing their own equivalent of chatGPT? It’s not something which plays directly to their strengths, and it’s not likely going to be something that causes people to migrate away from the Apple ecosystem.

 

[lepidotós]

Cook's salary is down around 50 percent, as he received $99 million in 2022.

Ohh nooo! Won't someone think of the billionaire-and-a-halfs? How will they afford to pay tax lawyers to keep $21 trillion in offshore bank accounts if you keep cutting their salaries? It's not like if you saved $23,800,000 every year it'd take you 40 years to get to $1 billion and effectively that level of wealth is personally inexhaustable or anything!​

 

[Scoob Redux]

You dont have the entitlement to be “ultra wealth”. You have the opportunity.

If we gave you the opportunity to attend auburn, could you have completed an engineering degree?

and if we gave you a job at ibm, could you have outshined 1000 peers to make director?

and could you have gained admittance to duke business school?

and outcompeted everyone at compaq? and gained steve jobs attention? and streamlined supply chains? and on and on.

stop trivializing other peoples accomplishment because of your personal lack of merit.

you are posting on a website built for profit. you are using a phone or computer built for profit. these things exist because we allow people to venture into enterprise to build things that compete for and fulfill consumer demand.

if you have nothing of value to offer to society, its not societys failure. go live in the woods, free of our “elitism”.

For someone defending the system, you seem to be pretty angry at it. I did not comment on anything about my own situation. I am attacking the system that put me in the position of elite corporate executive. It's an unjust, destructive system that exploits workers. You cited the usual capitalist drivel: "work hard and you, too, can be an elite. If you're not an elite, you didn't work hard enough or aren't smart enough." That misses the point that we shouldn't HAVE elites that make tens of millions per year. And it wasn't always this way. Most Americans enjoyed a much higher standard of living decades ago, before corporations had shifted most wealth to the elite. Do you think corporate CEOs and executives are just smarter and better educated today than in 1965? Didn't they get degrees and work hard to get where they were in the '60's? Then why was average CEO pay 20x average worker pay in 1965, and 399x average worker pay in 2022? They were a bunch of experienced Harvard grads back then, just like they are now. The only difference is that the "system" works to transfer an ever-greater percentage of economic output (i.e. the spoils of labor) to the elite. Like I said, no one "makes" $50 million a year, they take it.

 

[thettareddast]

For someone defending the system, you seem to be pretty angry at it. I did not comment on anything about my own situation. I am attacking the system that put me in the position of elite corporate executive. It's an unjust, destructive system that exploits workers. You cited the usual capitalist drivel: "work hard and you, too, can be an elite. If you're not an elite, you didn't work hard enough or aren't smart enough." That misses the point that we shouldn't HAVE elites that make tens of millions per year. And it wasn't always this way. Most Americans enjoyed a much higher standard of living decades ago, before corporations had shifted most wealth to the elite. Do you think corporate CEOs and executives are just smarter and better educated today than in 1965? Didn't they get degrees and work hard to get where they were in the '60's? Then why was average CEO pay 20x average worker pay in 1965, and 399x average worker pay in 2022? They were a bunch of experienced Harvard grads back then, just like they are now. The only difference is that the "system" works to transfer an ever-greater percentage of economic output (i.e. the spoils of labor) to the elite. Like I said, no one "makes" $50 million a year, they take it.

You sound predictably naive and utterly misinformed.

In the 1960s, most Americans weren’t educated - half of adults didn’t even graduate high school - and women were consigned to staying at home. Those who worked worked on a farm or in a factory. If you were a minority, segregation was legal. For all races, life expectancy was 10 years shorter than today.

Life was materially worse for the typical person in the 1960s. How much more their boss made does not change that fact. How much the CEO earns is irrelevant.

Stop looking at other people.

Companies now are larger in scale with higher productivity and CEOs have a more responsibilities reflecting that scope. If you were an executive you’d know that.

If you were an executive you’d have discretion over your employees pay. How much do you pay them?

If you were an executive you’d have excess earnings which can be given to charity or the US Treasury. How much do you give?

If you were an executive you’d know public company CEO compensation is a democratic process set by the board who are votes by the shareholders. What part of that “system” dont you understand?

Feel free to stop LARPing at any moment.