If Steve Jobs was around, they would barely make minimum wage. I hate to say it, but Apple is kinda just coasting right now. They make fantastic products, but not really life changing either.
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Apple CEO Tim Cook Could Earn Nearly $50 Million in Compensation This Year
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For sure on that. Especially when you consider how well Cook's been managing Apple during a three year pandemic and resulting economic downturn. And being responsible for 160,000+ Apple employees.
In comparison, other companies have had huge layoffs, including Amazon, Microsoft, google, Dell, HP, Cisco, IBM, Meta/Facebook, Twitter, Yahoo, Docusign, eBay, Zoom, PayPal, Salesforce, SAP, Intel, Oracle, and more.
I remember a few stories here over the last two years about Apple taking a more cautious approach to hiring; which as expected, brought loads of juvenile comments mocking Apple's move.
Gosh. That's enough for like, a house, two cars, several pets, and a MacBook Pro with a couple upgrades.
I don't know, have you seen what those superyachts and private islands go for these days?
Well, yes. That's how the rich stays rich--tax avoidance. The stocks aren't taxable until he cashes them out. Stocks: the rich man's 401K.😏It's also a great way to avoid being taxed at the ordinary income rate if certain conditions are met such.
TheYayAreaLiving 🎗️
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With taxes and documentation fees.Tim Cook can't afford it. Dang it! Now Tim Cook is going to raise the prices for iPhones this year. 😡
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Do you seriously think Apple releases all of its products in the two months of the year?
That's a little low, considering that he single handedly converted a company known for relentless pursuit of innovation to one that is now known for relentless pursuit of profits.
Well, he did invent the yellow iPhone, so he deserves it.
Ever speak to someone worth a few hundred million? There's always a desire for more $$, no matter how much you have.
TheYayAreaLiving 🎗️
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Agreed! Tim Cook probably feels like I need more money I’m broke. Always need more. It’s human nature!
But, you could buy 365 a year and an extra for leap years, so you wouldn't need to wait for them to charge.Sadly, It doesn't help with charging the overall design of the Apple Magic Mouse 2 Charging Port. $50 Million Dollar Compensation salary and the struggle stays real.
I don’t necessarily agree but I think to each their own. I doesn’t make it more true repeating the same false narratives.
You’re good at your job. But who hired you? And who hired them? Etc…
The person who makes the right decisions at the top of the tree to make sure you exist in your company is the person that gets paid the most. Without the top person creating the direction you don’t get hired to do your stellar job!
That’s why to (paraphrase the film Margin Call) … “Tim gets the big bucks”.
Is that fact? Looking at Canadian salaries at Apple, they are not the lowest. They are liveable wages.
He lives in a golden cage. His contract says that he is not even allowed to fly with a commercial plane. You need a lot of idealism to do his job.
The vast majority of those 300M are in debt, and the average debt is about $100k per person. Until this problem (addiction to financial leverage) is fixed, that extra $1000/mo is going to flow straight back to big money, and the cycle just inflates and continues.
Since Tim Cook has taken over at apple: The stock has performed 1,156.39%
(Meta has performed 500%. Google 500% and SP500 is 200% in the same time)
Paying the man 50 million dollars for what looks like a 2 trillion dollar increase in valuation IS A STEAL.
There are other Ceos in Tech making 30 million in Total compensation that are LOSING Market value in a 3 year span.
Pay that man his money.
(Meta has performed 500%. Google 500% and SP500 is 200% in the same time)
Paying the man 50 million dollars for what looks like a 2 trillion dollar increase in valuation IS A STEAL.
There are other Ceos in Tech making 30 million in Total compensation that are LOSING Market value in a 3 year span.
Pay that man his money.