Apple CEO Tim Cook Earned $10.3M in Fiscal 2015, Up From $9.2M in 2014

[Steve Expat]

I can't be the only one who thinks there should be some change in Apple. IMO Cook, Ive, and Cue need to be out and replaced to see what fresh, new, and motivated people can bring to the table.

These people are very good at what they do, but this group are outside of their box when it comes to overall creative direction. Jobs had the vision because he was building the tech that he dreamt of using (from the 70s - 00s). I believe Phil Schiler is the most "Steve Jobs-like" in that regard, but he's not the right guy for CEO. So, Apple needs a new CEO but Tim needs to stay too. Tim is very good at what he does.

Apple is missing the fire and brimstone vision (even though it sometimes hurt the bottom-line, it still worked in the end).

 

[techno-Zen]

I just want the $280k.

How does Arhents make so much money? She hasn't improved a damn thing at the apple stores and basically botched the apple watch rollout.

 

[Mac Fly (film)]

Meanwhile, Apple Store retail employees, who puts up with the most crap of anyone in the whole company, makes $16 per hour in San Francisco.

You mean the employee who runs Apple?

 

[cableguy84]

You don't know what you're talking about.

The value they bring to the company is worth a lot and worth the pay.

Yea but the downside is they inevitably lose drive and hunger

Before Ahrendtz, the Apple Online Store had a dedicated page on the website, now it's baked into every product page which makes the shopping process less slightly more complicated.

Also prior to her arrival, we had decent annual back to school promos whether it be a free iPod, $100 gift card, printer, etc. In 2015, all they threw in was a pair of freaking Beats headphones. Lame!

In 2015, we also had no Black Friday sale for probably the first time ever. Basically, they've become a lot stingier because of her.

True about the online store, I've never found it to be the best, but lately it has become even more clunky than it used to be.

 

[CE3]

You are aware she was hired away from Burberry as their CEO right? She took them in 7 years from a $2B business to a $7B business and absolutely transformed their brand. She's a retail genius. She's done and amazing job with Apple retail and the new store designs she's pushing are amazing. Best $50M Apple has ever spent. Jeff Williams is in position to take over as Apple CEO were something to happen to Tim, but I wouldn't mind it to be her instead. She's the visionary leader that crazy loon Hilary Clinton could only dream about being.

Hillary Clinton? Hillary Clinton has no relevance to your post beyond illustrating that for whatever reason we always feel the need to pit women against each other.

 

[BillyMatt87]

Yea but the downside is they inevitably lose drive and hunger


True about the online store, I've never found it to be the best, but lately it has become even more clunky than it used to be.

I never understood why they felt the need to change it. The Apple Online Store was perfect the way it was!

 

[BillyMatt87]

These people are very good at what they do, but this group are outside of their box when it comes to overall creative direction. Jobs had the vision because he was building the tech that he dreamt of using (from the 70s - 00s). I believe Phil Schiler is the most "Steve Jobs-like" in that regard, but he's not the right guy for CEO. So, Apple needs a new CEO but Tim needs to stay too. Tim is very good at what he does.

Apple is missing the fire and brimstone vision (even though it sometimes hurt the bottom-line, it still worked in the end).

They already got rid of the most Jobs-like executive: Scott Forstall

 

[blacktape242]

Meanwhile, Apple Store retail employees, who puts up with the most crap of anyone in the whole company, makes $16 per hour in San Francisco.

quit whining.....you want more money, either move and get another job, or further your education......

i bet you think fast food workers should be paid more too right?

 

[cableguy84]

They already got rid of the most Jobs-like executive: Scott Forstall

Yea I could never understand the whole Forstall thing, big mistake.

 

[pat500000]

Damn! That's a LOT. Wonder why it's so high?

because it's san Francisco.

 

[pacalis]

Angela is easily worth a trillion a year. I wonder why they don't pay her 100x the amount. I mean, her videos are amazing. And the way the watches are put on the table you can tell she knows her stuff. It's like she is the only person in the whole world that knows how to do retail....

... um, what the hell, my iphone just stopped working.

 

[jdillings]

How was it wise for Apple, a tech and computer company, to spend millions of dollars for the EX-CEO of a designer clothing brand that screams nothing but excess, elite, and the selling of overpriced goods?

By the way, the layout of Apple stores since she has been hired I would argue have been for the worse.. Products are all over the place now. Some iPads on are on a table, the iPad Pros are on a back wall, watches are in the middle with literally nobody standing around them.. What exactly has she brought to the table here of value? I don't see it.

By the way, I'll just leave this here:

"Apple retail chief Angela Ahrendts is trying to usher in a new way for her company to handle product launches. She wants to encourage customers to avoid their local Apple Store when the Apple Watch goes on sale and instead order online, according to instructions she sent to store staff members obtained by Business Insider.

"This is a significant change in mindset, and we need your help to make it happen," the memo says (see the text and imagery below)."

She actually thought it was a good idea to drive away customers from visiting the Retail stores.. What has she done again?

Don't forget that ugly incident at that Australian Apple Store last year....again under her watch.

 

[cableguy84]

Don't forget that ugly incident at that Australian Apple Store last year....again under her watch.

The black guys playing the race card? o yea I remember that

 

[KPOM]

Why is the CEO the lowest paid senior executive?

Because he got his big stock award early on.

 

[AppleWarMachine]

10.3 Million...that's it from one of the world's best companies, he should at least get 1 billion

 

[BillyMatt87]

Yea I could never understand the whole Forstall thing, big mistake.

He was very important to Apple and Jobs recognized that, that's why he protected and mentored him in a way similar to his relationship with Ive. Cook fired him because he caved into the demands of the other executives and employees who did not like him. Forstall may have been a difficult person to work for (or with) but so was Jobs. Also the quality of software has declined immensely since Craig Federighi and Jony Ive took over his roles as engineer and UI designer, respectively.
[doublepost=1452121963][/doublepost]

Don't forget that ugly incident at that Australian Apple Store last year....again under her watch.

I wish that they would've just re-hired Ron Johnson instead...

 

[nutmac]

True dat, although there are many people earning probably up to 50% LESS than $16/hour in San Fran.

The minimum wage in San Francisco is $12.25/hour.

 

[Alenore]

Ive, seriously? What planet have are you from?

I'm from a planet with 3 spatial dimensions, and Ive is on his way to ditching the third with his thinness obsession

 

[gri]

Never thought I'd say that - but that seems in the general context pretty "modest". Citi Bank CEO made $13 Mio for a company with profit of around $7 Billion. And Lufthansa's CEO Spoor is earning roughly $2.5 Million for 8.5 Billion profit while LH is battered by strikes and loosing customers left and right. Apple made around 44 Billion net profit... Exact sums may vary but the ball park figure should be in that region. So, in comparison with other CEOs he seems to be quite low key in terms of salary. For a region of the planet where a fixer up house can cost apparently upwards of 1.5 Mio...

 

[pacalis]

Before Ahrendtz, the Apple Online Store had a dedicated page on the website, now it's baked into every product page which makes the shopping process less slightly more complicated.

It's way worse. If you want to see if there has been an update to an accessory, say a thunderbolt display, it used to take you two clicks now it takes 4 with after scrolling to the bottom of the accessories page, which you find on the mac page.

The music page -its just all apple bloat. It's not showing the music. Actually, most pages are just this - filled with pictures and experiential information, but not the actual product.

I think she's made a huge mistake that people want more "experience" in the online shopping, but what people really want to do online is either just do the purchase (i.e. the shepple) or spec out the thing (the enthusiasts). I don't think there's many visiting the site that want to hang around.

You are aware she was hired away from Burberry as their CEO right? She took them in 7 years from a $2B business to a $7B business and absolutely transformed their brand.

If she was on track to do that with Apple stock I wouldn't be complaining. The opposite is happening because she didn't happen to join Apple at a time the Chinese could afford british luxury.

 

[Rogifan]

They already got rid of the most Jobs-like executive: Scott Forstall

He was certainly a Jobs protégé but I would argue he carried more of Jobs bad traits than good ones. My guess is Jobs was able to keep his worst tendencies in check (or he behaved differently when Jobs was in the room). There was the rumor that Bob Mansfield wouldn't attend a meeting with Forstall unless Tim Cook was present and the WSJ reported that Mansfield un-retired from Apple in part due to Forstall being let go. Other rumors suggest Phil Schiller and Eddy Cue didn't get along with him either. I get the feeling Forstall was more about creating his own fiefdom than being a collaborator.

He was very important to Apple and Jobs recognized that, that's why he protected and mentored him in a way similar to his relationship with Ive. Cook fired him because he caved into the demands of the other executives and employees who did not like him. Forstall may have been a difficult person to work for (or with) but so was Jobs. Also the quality of software has declined immensely since Craig Federighi and Jony Ive took over his roles as engineer and UI designer, respectively.
[doublepost=1452121963][/doublepost]
I wish that they would've just re-hired Ron Johnson instead...

Hmm...didn't snow leopard come out on Jobs watch? Your comment that software has "declined immensely" is completely subjective and there's no way of knowing what would have happened had Forstall stayed on. Let's not forget maps was launched on his watch, which Cook had to apologize for, and one could argue iOS 6 was pretty 'meh' and iOS was getting a bit stale. Jobs was the founder and CEO of the company. You can't compare Forstall to that.

 

[bluespark]

So he earned $28219 on average each day, including the day in which he approved a MacBook with a single USB port.
Well done, Tim.

He would have earned $56,438 that day if he had included a second USB port, but he didn't need the money.

 

[x-evil-x]

10 million doesn't seem much when professional athletes make a ridiculous amounts of money.

 

[Karma*Police]

I'm from a planet with 3 spatial dimensions, and Ive is on his way to ditching the third with his thinness obsession

Thinness relates to weight and that's what's really behind Apple's seeming obsession with thinness.

Lighter devices lead to better UX/ portability, whether you're talking about laptops, tablets or smartphones.

 

[kagharaht]

Meanwhile, Apple Store retail employees, who puts up with the most crap of anyone in the whole company, makes $16 per hour in San Francisco.

Then get a new job with better pay. No one is forcing anyone to work there. lol bunch of babies. It's up to the board and CEO to decide if they deserve more pay. Not because they make more should mean everyone else does.