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Apple CEO Tim Cook Earned $98.7M in Stock and Salary in 2021
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Since you've appointed yourself as arbiter of proper salaries/compensation for large tech companies in Silicon Valley, what would the correct salary/compensation be for TC, in consideration of the 150,000 employees he's responsible for and the massive revenues Apple has earned under his leadership?
Simply pick a number for his salary and compensation, and justify with data.
It hit me this morning, if Tim Cook's Apple wasn't so afraid of third-party Science & Technology, 1/3 of the General Public here in the States might NOT be as well !
To my knowledge, Tim Cook's Apple has NEVER ONCE recommended OR promoted ANY App in their "curated" iOS App Store that represented a Significant Engineering Accomplishment !
Cook may have fooled his Board & most so-called Pro Stock Analysts, but (probably) few who have paid close attention the past 4-5 years.
I give the guy a D- grade.
He could have done so much more than just prop-up the company's stock !
To my knowledge, Tim Cook's Apple has NEVER ONCE recommended OR promoted ANY App in their "curated" iOS App Store that represented a Significant Engineering Accomplishment !
Cook may have fooled his Board & most so-called Pro Stock Analysts, but (probably) few who have paid close attention the past 4-5 years.
I give the guy a D- grade.
He could have done so much more than just prop-up the company's stock !
You really believe that Tim Cook has managed to pull the wool over the eyes of a majority of people except for yours?
Why should it be? He's not getting free money. He's getting compensated for how much he produces for the company he works for. Just like an investor gets revenue based on the performance of the stock he invested in.
In Tim's case, he doesn't own Apple; he's just another employee. The difference is that he has thousands of people under his command. He's responsible for the success or failure of Apple and their employees with every decision he makes. Don't you think that's a lot of weight over his shoulders? Not everyone can fit in the shoes of a successful CEO. That's is why he gets paid what he gets paid.
So... explain yourself why is it sickening? Is it because you are not earning that much?
In the end it's all a trade-off. You are exchanging time for money. And time is priceless, because it's your life time we are talking about. He's not going to live enough to enjoy what he makes. And with all the work he has to do, he probably doesn't have much time to enjoy his fortune now.
In the end, it's all in vain. Thinking about it, it's better to work hard and smart for a few years, make enough money to retire and live a simple happy life. Or live a balanced life that doesn't revolve around work, instead of spending all your days working like a rat.
For a guy who comes from a very ordinary family and who has not founded and built up his own company, this fortune is quite extraordinary.
Unlike Trump, who was born with a golden spoon in his mouth.
As far as anyone knows, TC lives quite modestly for a man with this wealth and it is also commendable that he wants to donate this fortune after his death.
Yes ! Absolutely !
Most people fall into one of two categories, either Dumb OR Sheep, & there is a fair amount of over-lap.
Many of the others are Lazy, & don't do, OR won't do, anything more than 1st-order Analysis.
And, anybody can independently confirm what I've stated !
NONE of it is Rocket Science !
I think that is the sign of a sincere CEO. I used to work for a major...(fortune 100) finance corporation, the CEO at the time only took a salary of $1m. The rest of his income was to be based on stock values...if the stock and company did well. he made more. If it did worse, he made less. Tim has brought Apple to be one of the highest (if not the highest) valued corporations.
Face it, honestly not everybody likes Apple, but they don't have to and if they don't there are other choices...as with every other product and service in life. Don't like one brand of car? pick a different one. Don't like one brand of coffee? pick a different one. Buy/use what makes you happy. No one company is EVER going to please ALL it's customers.
TheYayAreaLiving 🎗️
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TheYayAreaLiving 🎗️
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I agree with you. It pretty much comes to a love and hate-type relationship. In this world... you can't make everyone happy.
TheYayAreaLiving 🎗️
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How much do you think he should be paid and for what reason?
That is completely true. As the CEO, you want to oversee a company that produces/creates good product that your customers want, but also maintain the company at the expected level that the shareholders and board of directors...if not, you will be removed pretty quickly.
Last I checked, this country was a capitalist country and always has been...going back to the beginning days. Vanderbilts, Rockefellers, etc....and if you start complaining about capitalists, you will be labeled as "socialist"
Anyone want to do the math on how much more Zuk gets compared to Meta...musil🤣 employees ? or how much the pharma CEO's get paid compared to their employees?
Probably more than is announced....giving to charity should be anonymous, otherwise it's showing off. Also people that need to receive the charity should not be made to feel bad as they might have just fallen on a bad situation.
Bobby Flay reportedly makes nearly $2 million every year. Vanity Fair reported that the Emmy-award-winning chef can earn upwards $100,000 for a single appearance on a show.
Because he falls into the same tax rate chart as does every person in the country.
TheYayAreaLiving 🎗️
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Well we know how much Elon Musk is going to be paying for taxes
My intake: Tim Cook's motive is not the money. He doesn’t care about that. His motives are something else not sure what but it’s not money.
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I don’t think he’d be where he is an in the industry he is in if money was not ‘one’ of his motives. He’s not on a mission out of the goodness of his heart and leads one of the most cut-throat tech companies in the world.
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Well we know how much Elon Musk is going to be paying for taxes
My intake: Tim Cook's motive is not the money. He doesn’t care about that. His motives are something else not sure what but it’s not money.
My intake: Tim Cook's motive is not the money. He doesn’t care about that. His motives are something else not sure what but it’s not money.
I don’t think he’d be where he is an in the industry he is in if money was not ‘one’ of his motives. He’s not on a mission out of the goodness of his heart and leads one of the most cut-throat tech companies in the world.