Including doctors, current presidents, sports persons, celebrities etc. or just Tim Apple.
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Apple CEO Tim Cook Earned $74.6 Million in 2024
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At least Apple makes a lot of money, so it kinda makes sense for the CEO to get paid much…
On the other hand, Lyft CEO gets paid more than Tim, and the company is just losing money
On the other hand, Lyft CEO gets paid more than Tim, and the company is just losing money
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That's actually surprisingly low given the company he's the CEO of
Well, he was the co-founder and had significant holdings after Apple purchased NeXT, and more...Cook is now the CEO, but he was, and is, a hired executive.
That is not the same thing. A hired executive will not take a $1 salary for a publicly traded corporation.
It’s clear that every commenter on the internet is the smartest and most competent person in the world—that’s why they’re commenting on the internet.
He's been worth every penny and then some. I may have some criticizms of him but you can't deny what he's done as CEO
He does a job. If his boss doesn't think he's doing a good job he gets fired. No matter how far up or down you are in the heiarchy it never changes.
Do your job and try to move forward.
Do your job and try to move forward.
Remember when Steve caused a massive crisis at Apple because he wanted backdated stock options? Then, he used Apple's CFO and General Counsel as a scapegoat to avoid SEC fines?
God, this is such a silly, tired argument. Take a couple economics and business courses. Tim Cook is underpaid, if anything.
Bricklayers work “harder” than Tim Cook. It doesn’t correlate to pay. Since you don’t understand stocks, business, or how capitalism works, it’s hard to grasp why elite managers make this kind of money.
That’s what happens when you pony up for extra ram and storage!
I’m retired now. But if I was still doing publishing consulting and production for small businesses, Vision Pro would be a portable tool of choice—multiple displays and keyboard. Very cool, very compact. When working at customer locations, publishing consultants usually want to take up as little space as possible, be as invisible as possible, get the job done with excellence, get paid, disappear until the next project. I would use it for getting excellent quailty work done on schedule.
About the cost. My 1984 Macintosh equipment cost $3,700 in 1984. It revolutionaized my business and paid for itself within three months. Multiple Macs enhanced my work for four decades. Paying less than $3,700 for Vision Pro 40-plus years after 1984 seems like a fair price.
It's good to be the king
Apple CEO Tim Cook earned $74.6 million in 2024, up from $63.2 million in 2023, Apple said in its annual proxy filing.
Cook's earnings included a $3 million base salary, $58 million in stock awards, $12 million in performance-based awards, and $1.5 million in other compensation, such as 401(k) contributions, life insurance premiums, vacation cash-out, security expenses, and personal air travel expenses. Cook is required by Apple to use private aircraft for both business and personal travel.
Apple set a target compensation of $59 million for Cook, but Cook earned more through the cash incentive payout that executives receive when Apple performs well.
Though Cook's 2024 compensation exceeded what he earned in 2023, it was still down from the $99 million that he was awarded in 2022. Cook and the Board of Directors opted to decrease Cook's total compensation after his 2022 earnings reached almost $100 million.
Other Apple executives, including Luca Maestri, Kate Adams, Deirdre O'Brien, and Jeff Williams, earned $27.2 million.
Article Link: Apple CEO Tim Cook Earned $74.6 Million in 2024
No he's acknowledged that it's pricey, meant for early adopters. Also paid*
Most likely not easy. But there is no company without the employees. I imagine that amount of money would pay rise quite a few employees at Apple. Or anywhere for that matter.
That’s an insane amount of money. No one needs that much. It’s just greed
Why doesn’t he do it now?
Too little innovation. He has grown the services business I’ll give him that. But much of it was thanks to the strength of apples ecosystem. I see apples growth slowing down together with its mobile business.
Who are you to say he doesn't need that much?