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Apple CEO Tim Cook Earned $74.6 Million in 2024

HJM.NL said:
Yes, Apple could offer the latest technology in their pro products.

Using better materials in their laptops/ iPads/macs that don’t smudge, are lighter and stronger.

Like this one:

Make Siri really understand you would be an award in innovation for Apple.

I can go on and on…
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I have zero issues with my laptops, iPads, Watch, and Mac. They're lightweight and strong enough for normal use. Of course bets are off if someone drops them on concrete sidewalks.

And Siri works great for me. First time, every time. All the time.

But... the above doesn't reach the level of what I consider innovation.

The original Mac was innovation. Ditto with the original iPhone, though so many people panned it because it didn't have a mechanical keyboard.
 
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citysnaps said:
I have zero issues with my laptops, iPads, Watch, and Mac. They're lightweight and strong enough for normal use. Of course bets are off if someone drops them on concrete sidewalks.

And Siri works great for me. First time, every time. All the time.

But... the above doesn't reach the level of what I consider innovation.

The original Mac was innovation. Ditto with the original iPhone, though so many people panned it because it didn't have a mechanical keyboard.
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Are your laptops not Macs?
 
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HJM.NL said:
I suspect the Mac segment will suffer from fierce competition from Qualcomm. Not only on battery life (asus came out with a notebook lighter than the MacBook Air, new metal casing better than aluminum, same track pad as Apple, better screen and 32 hours of battery life).

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These are great competitors (which the MBA hasn't had a real competitor in years). Note not actually available for purchase yet. But coming soon. Still there is so much market share to take from Dell and Lenovo that I think Mac sales are going to grow over next couple of years.
 
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citysnaps said:
I have zero issues with my laptops, iPads, Watch, and Mac. They're lightweight and strong enough for normal use. Of course bets are off if someone drops them on concrete sidewalks.

And Siri works great for me. First time, every time. All the time.

But... the above doesn't reach the level of what I consider innovation.

The original Mac was innovation. Ditto with the original iPhone, though so many people panned it because it didn't have a mechanical keyboard.
Click to expand...
It shows you’ve never tried something out off Apple’s ecosystem.

Saying Siri is working perfectly says a lot. Have you ever tried a full sentence with Siri?

The things you mention as true innovation are introduced more than several decades ago and already done before by other companies even the iPhone.

But that was the Steve Jobs era where Apple was in front of new technologies. Timmy is relying on that era and Apple shouldn’t be named innovative anymore. They’re following the market and are late to the party by doing so.

In the early days those higher prices were justified because they were brand new and the latest in tech.

Another question and a bit of topic:
What’s the benefit for Apple as a very rich company to have shares and deal with shareholders?

Aren’t they better off as a private company?
 
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Apple is a private company and they can pay their CEO what they want. The pay seems reasonable given the incredible success of the company under his leadership. Some CEOs of companies that produce nothing but debt make obscene amounts. Apple produces tangible, high-quality products that enrich peoples’ lives AND the company is extremely profitable.
 
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TallManNY said:
These are great competitors (which the MBA hasn't a real competitor in years). But there is still so much market share to take from Dell and Lenovo that I think Mac sales are going to grow over next couple of years.
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If Apple wants to compete with them they have to up the ante quite a bit.
I also think that their M series of processors will go the same route as the PowerPC. Qualcomm is much more aggressive in developing than Apple.

But time will tell 😊
 
Silverado said:
Apple is a private company and they can pay their CEO what they want. The pay seems reasonable given the incredible success of the company under his leadership. Some CEOs of companies that produce nothing but debt make obscene amounts. Apple produces tangible, high-quality products that enrich peoples’ lives.
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What’s the benefit for Apple to sell shares and have to deal with shareholders?

Products that enrich peoples lives is a phrase Timmy is always telling as a mantra.

Siri and the closed Apple ecosystem isn’t enriching my life and their steep prices neither 😂
 
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Where do I get this version of Siri that works "every time .. all the time"?

Sure isn't my experience with it

Sometimes it works well .... other times it fails spectacularly

The inconsistency of the experience is part of what makes it so frustrating
 
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And yet my once wonderful M1 Mac is a buggy mess now because I stupidly upgraded to Sequoia. And applications I once knew how to use on MacOS and iOS are changed for the worse, with new nodescript icons and hidden features.

And now the larger screen phones have smaller text interfaces than the smaller phones making them harder to see without using the larger text, which now completely screws up the interface. And more and more websites are completely unusable on iOS now as forms can’t be completed.

That’s all from 2024. That’s all released under his watch.
 
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citysnaps said:
Of course they are. I use "laptop" which is portable (and thus more susceptible to potential damage) to distinguish it from a desktop Mac (which isn't as susceptible to potential damage).
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You haven’t answered my questions:

You haven’t named any true innovations from Apple during the Timmy era and

Another question and a bit of topic:
What’s the benefit for Apple as a very rich company to have shares and deal with shareholders?

Aren’t they better off as a private company?

If you can’t answer the above, someone else can?
 
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HJM.NL said:
It shows you’ve never tried something out off Apple’s ecosystem.

Saying Siri is working perfectly says a lot. Have you ever tried a full sentence with Siri?

The things you mention as true innovation are introduced more than several decades ago and already done before by other companies even the iPhone.

But that was the Steve Jobs era where Apple was in front of new technologies. Timmy is relying on that era and Apple shouldn’t be named innovative anymore. They’re following the market and are late to the party by doing so.

In the early days those higher prices were justified because they were brand new and the latest in tech.

Another question and a bit of topic:
What’s the benefit for Apple as a very rich company to have shares and deal with shareholders?

Aren’t they better off as a private company?
Click to expand...

Not true using non-Apple products.

Again... Apple is doing just fine. 1+ Billion active and repeat happy customers making Apple one of the most successful companies in the world speaks volumes.


"Another question and a bit of topic:
What’s the benefit for Apple as a very rich company to have shares and deal with shareholders?
Aren’t they better off as a private company?"

I have no idea. Whatever Apple is doing is working well. As evidenced by Apple's massive success. In the end, it's all driven by happy customers loving Apple products and voting with their wallets.

Customers, and not tech forum amateur "pundits", are the final arbiters of a company's success.
 
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citysnaps said:
Customers are the final arbiters of a companies success.
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I hope Apple start treating their customers as they should. Stop ripping them off with exorbitant high prices for RAM, SSD’s etc.

Stop locking them in and let customers stay because they’re happy with their offerings like you are with them.

As for shares and shareholders. I don’t see any benefit for Apple to sell shares except maybe for not paying that much tax.
 
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HJM.NL said:
I hope Apple start treating their customers as they should. Stop ripping them off with exorbitant high prices for RAM, SSD’s etc.

Stop locking them in and let customers stay because they’re happy with their offerings like you are with them.

As for shares and shareholders. I don’t see any benefit for Apple to sell shares except maybe for not paying that much tax.
Click to expand...

That's subjective, and your opinion. Many people (such as myself) are OK with the prices Apple charges. If they weren't, they'd purchase competitor products believing they have better value.

The customer ultimately decides. Always.


"As for shares and shareholders. I don’t see any benefit for Apple to sell shares except maybe for not paying that much tax."

Regarding Apple taxes, for 2024 they paid roughly $29.7 Billion.
 
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citysnaps said:
That's subjective, and your opinion. Many people (such as myself) are OK with the prices Apple charges. If they weren't, they'd purchase competitor products believing they have better value.

The customer ultimately decides. Always.
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The customer should always be able to decide without feeling trapped and locked in. That’s the problem for me and is making it hard to switch.
 
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HJM.NL said:
You haven’t answered my questions:

You haven’t named any true innovations from Apple during the Timmy era and

Another question and a bit of topic:
What’s the benefit for Apple as a very rich company to have shares and deal with shareholders?

Aren’t they better off as a private company?

If you can’t answer the above, someone else can?
Click to expand...

I can answer that question, there is no benefit to Apple at this stage to be owned by public shareholders. But this is, in some ways, like there is no benefit to my car to be owned by me. It doesn't matter and the car doesn't get an opinion on this. In other ways, Apple has to do tons of reporting in the form of their public reports that are mandated by the SEC and other laws of the US, so it is actually much harder to be a public company. But this decision is done, the shares were issued publicly and they are owned by the public. Apple the company can't get them back without buying them. And the market cap is $3.6 trillion dollars (so it would cost at least that to buy all the shares back). Apple the company doesn't remotely have the money to buy back all the shares.

The term "a private company" just means a company that is either (A) owned by another non-public company or (B) owned by one or more of individuals. A private company doesn't mean that company can own itself (much like my car can't own itself). There is no company or collection of individuals that could put together $3.6 trillion in cash to buy the Apple shares. Even the collection of governments that could conceivably do that (just in terms of putting together the cash) can be counted on one hand (and obviously the US government would not allow any foreign government to buy Apple).
 
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AAPLbuyback said:
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.
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No no, because we know how it works it's a shame that amount.

Explain us why he deserve that amount...

.. do you know why he gets so much money? Because he "pushes" the decision of his salary... If the bricklayer could decide his salary, do you believe it would be so low?

So please put the MBA books away...
 
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I don't even know why folks think Cook is so "great" at this

I'd wager that a LOT of CEOs could do the ship steering he's doing ... and many probably would have avoided at least some of the Cook boondoggles ... like the Car, Vision Pro, Carplay 2, AirPower, TouchBar, Butterfly KB, on and on

He was a good transitory choice by Jobs given the situation at the time, but he's far from the best possible leader to drive the company into the future. The track record on new product efforts speaks for itself.
 
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