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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.
I would be happy with just 0.1% of it. Enough to get me a new MacBook Pro, iPhone 13 Pro Max and iPad Pro 12", all fully loaded. And payoff the house and the car. And a couple Apple TV 4K and HomePods. That's all.
In worse case, the MacBook Pro would be enough.
 
And at the same rate someone making 1/1000th what he does. and with an even smaller fraction of assets. no loopholes and no insane deductions.
I agree, makes no since for him to pay a higher tax rate just because he makes more.
 
you guys are hilarious. billionaires should not be allowed to exist. just because guys like elon musk make much more money than tim cook does not mean that tim cook doesn't make an insane amount of money. it's like saying that it's okay to kill someone as long as you don't kill 100 people. you guys are being fooled to by statistics if you're using elon musk as an argument for why tim cook doesn't make that much.
 
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you guys are hilarious. billionaires should not be allowed to exist. just because guys like elon musk make much more money than tim cook does not mean that tim cook doesn't make an insane amount of money. it's like saying that it's okay to kill someone as long as you don't kill 100 people. you guys are being fooled to by statistics if you're using elon musk as an argument for why tim cook doesn't make that much.
What a hyperbolic response. So in your opinion how much money should one be allowed to have? How much money should one be allowed to earn? What is your ceiling on this?
 
For those of you saying he earned that money.... how? Did he work that much harder than any other Apple employee? Maybe 10 million would be a good payment then split the other 88 million amongst other apple employees? It's pretty sickening that people see this as an ok practice.
 
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For those of you saying he earned that money.... how? Did he work that much harder than any other Apple employee? Maybe 10 million would be a good payment then split the other 88 million amongst other apple employees? It's pretty sickening that people see this as an ok practice.
It's not the matter of "how hard one works", it's the level of responsibility he is being compensated for. But I agree, if this practice is sickening than what some sports figures and entertainers get paid and are worth could also be considered sickening.
 
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?
I think there are some articles out there already for some of those people. I’m absolutely aligned with pointing out their insane income inequities, too. I just felt that I’d bring up that issue here in a thread of Apple fanatics praising Tim Cook.

I am not looking to single out Apple.
 
I think there are some articles out there already for some of those people. I’m absolutely aligned with pointing out their insane income inequities, too. I just felt that I’d bring up that issue here in a thread of Apple fanatics praising Tim Cook.

I am not looking to single out Apple.
Nice that we now have separated this post into apple fanatics and apple critics. Nothing like being able to have a conversation without labels. However, Tim Cook earned what the board believed his worth to Apple to be.
 
It's not the matter of "how hard one works", it's the level of responsibility he is being compensated for. But I agree, if this practice is sickening than what some sports figures and entertainers get paid and are worth could also be considered sickening.
Yes, those inequities of pay are also sickening.

As for level of responsibility, I would argue that executives don’t face anything near the same level of potential consequences for their so-called level of responsibility.

If an upper management exec or CEO screws up, they usually blow it off as “market forces”, pass the blame to an underling, or, at worst, get asked to step down by the board, often getting a golden parachute to further cushion their soaring off on a lateral career change to a similar-income job.

Or they can retire, zero harm done to their ability to pay bills, own multiple homes & luxury cars, care for family, etc. They literally face zero risk and therefore zero consequences for their so-called “great responsibility”. There’s nothing at stake.

Look what happened to actual executives Apple (and other companies) pushed out over PR embarrassments. They’re still better off than the rest of us.

An Apple Store employee, a UI designer, copywriter, IT department/helpdesk, etc. employee... they have a lot more to lose (sometimes everything) if someone decides they’ve messed up and fire them for it (or just decide their position is no longer “necessary”, and eliminate their job to further the profit margins at the top).

Non-executive workers face serious consequences. Their whole lives are at stake. They’re far more likely to be at risk of being unable to pay utilities bills, mortgages, taxes, insurance, healthcare, vehicle maintenance, childcare, groceries, etc.

With great responsibility should also come great potential consequences for actions, but consequences seem to be one of the things the executive class are immune to via their vast wealth.
 
Nice that we now have separated this post into apple fanatics and apple critics. Nothing like being able to have a conversation without labels. However, Tim Cook earned what the board believed his worth to Apple to be.
“Fanatics” is the long form of “fan”. Do you disagree that this and other Apple news websites are populated heavily by Apple fans?

I’m not criticizing Apple any more than I’m criticizing every other corporation with the same policies and culture.
 
Yes, those inequities of pay are also sickening.
Ok.
As for level of responsibility, I would argue that executives don’t face anything near the same level of potential consequences for their so-called level of responsibility.

If an upper management exec or CEO screws up, they usually blow it off as “market forces”, pass the blame to an underling, or, at worst, get asked to step down by the board, often getting a golden parachute to further cushion their soaring off on a lateral career change to a similar-income job.
Or end up in jail for malfeasance or other crimes. So with the responsibility comes downsides to the job as well.
Or they can retire, zero harm done to their ability to pay bills, own multiple homes & luxury cars, care for family, etc. They literally face zero risk and therefore zero consequences for their so-called “great responsibility”. There’s nothing at stake.
Point above. So are you suggesting that "lower level" employees that screw up should be given a second chance?
Look what happened to actual executives Apple (and other companies) pushed out over PR embarrassments. They’re still better off than the rest of us.
Their level of responsibilities was also higher and that's what they are getting compensated for even if some don't like it.
An Apple Store employee, a UI designer, copywriter, IT department/helpdesk, etc. employee... they have a lot more to lose (sometimes everything) if someone decides they’ve messed up and fire them for it (or just decide their position is no longer “necessary”, and eliminate their job to further the profit margins at the top).
Unless these others defraud the company, they most likely won't end up in jail. https://www.cbsnews.com/news/top-10...d20and20sentenced20to20lengthy20prison20terms
Non-executive workers face serious consequences. Their whole lives are at stake. They’re far more likely to be at risk of being unable to pay utilities bills, mortgages, taxes, insurance, healthcare, vehicle maintenance, childcare, groceries, etc.
What is your point? Someone who is flipping hamburgers at a burger joint deserves what salary?
With great responsibility should also come great potential consequences for actions, but consequences seem to be one of the things the executive class are immune to via their vast wealth.
See above.
 
I think there are some articles out there already for some of those people. I’m absolutely aligned with pointing out their insane income inequities, too. I just felt that I’d bring up that issue here in a thread of Apple fanatics praising Tim Cook.

I am not looking to single out Apple.
Apple and Tim Cook are very far below the rest of the companies of income differences. Also, if you are going to look simply at the wealth of one individual, look at the Forbes Billionaires 2021......Tim Cook #2263 out of 2674 and Jamie Dimon from J.P. Morgan Chase at #1750 out of 2674. About 1/2 of that list are people in Russia and China. #17 on the list is....Jack Ma..China

The reality is, they, nor anybody else cannot be told how much money they are are allowed to earn...or how wealthy they are allowed to be, we are still a capitalist country, meaning as opposed to dictatorship or Autocracy or Oligarchy. even in China and Russia, one is allowed to be as wealthy as they can be within the rules of the government.

 
Apple and Tim Cook are very far below the rest of the companies of income differences. Also, if you are going to look simply at the wealth of one individual, look at the Forbes Billionaires 2021......Tim Cook #2263 out of 2674 and Jamie Dimon from J.P. Morgan Chase at #1750 out of 2674. About 1/2 of that list are people in Russia and China. #17 on the list is....Jack Ma..China

The reality is, they, nor anybody else cannot be told how much money they are are allowed to earn...or how wealthy they are allowed to be, we are still a capitalist country, meaning as opposed to dictatorship or Autocracy or Oligarchy. even in China and Russia, one is allowed to be as wealthy as they can be within the rules of the government.

Very good point. Where is Tim Cook? 😞

8742E94B-D207-4AB8-8C43-ECB4EAB1B4DD.png
 
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And well deserved, Tim earned every dollar. Apple didn’t hit that 3 trillion mark by accident.
 
“Fanatics” is the long form of “fan”. Do you disagree that this and other Apple news websites are populated heavily by Apple fans?

I’m not criticizing Apple any more than I’m criticizing every other corporation with the same policies and culture.
If they were not fans of Apple they would not be here.....you are here. As is the case of any "fan" site be it a specific car, sports team, etc. If you go to any fan site and shoot down that site, person, team...you will be flamed!
 
enough with the red herring fallacies. comparing tim cook to higher paid CEOs from other companies does not prove your point that tim cook isn't being paid too much. it is known as the "fallacy of relative privation". bringing up elon musk's income pretty much invalidates whatever point you guys are making.
 
And well deserved, Tim earned every dollar. Apple didn’t hit that 3 trillion mark by accident.

a single person earning 100 millions of dollars, while half the world receives $1/day, will never be deserved. What do you consider deserved? Many poor people work their * off 40/50/60 hours /week. Apple's success is mostly Steve Jobs' legacy.
 
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a single person earning 100 millions of dollars, while half the world receives $1/day, will never be deserved. What do you consider deserved? Many poor people work their * off 40/50/60 hours /week. Apple's success is mostly Steve Jobs' legacy.
A lot of generalization here..."1/2 the world receives $1/day" So, in Philippines a person with a bachelor's or maybe masters's might earn $12/day...US dollars where the current market rate is 52 Php to US dollar and that wold square here to about $2000.00/month in US economy. You need to stop comparing foreign salaries to the US dollar without knowing the cost of living of that country.

6.377 CNY = 1 USD So, the lowest paid salary of this list is $14474.00/year China

Average Yearly Salary US
94,700 USD
( 7,900 USD monthly)


LOW
24,000
USD AVERAGE
94,700
USD HIGH
423,000
USD

Salaries for specific jobs​

Job TitleAverage Salary
Assembly Foreman99,900 CNY
Assembly Line Worker92,300 CNY
Assembly Supervisor143,000 CNY
Assistance Maintenance Manager354,000 CNY
Assistant Shipping Manager306,000 CNY
Chemical Equipment Controller220,000 CNY
Chemical Technican Apprentice182,000 CNY
CNC Machinist220,000 CNY
CNC Operator218,000 CNY
CNC Programmer240,000 CNY
Colour Technologist117,000 CNY
Contracts Manager419,000 CNY
Data Collection Coordinator170,000 CNY
Demand Planner142,000 CNY
Derrick Operator103,000 CNY
Director of Manufacturing567,000 CNY
Dock Worker92,300 CNY
Drying Technician94,200 CNY
Equipment Operator92,500 CNY
Export Sales Coordinator299,000 CNY
Factory Superintendent147,000 CNY
Factory Worker100,000 CNY
Failure Analysis Technician152,000 CNY
Fiberglass Laminator106,000 CNY
Food Technologist176,000 CNY
Forklift Driver99,000 CNY
Forming Machine Operator108,000 CNY
Furnace Operator93,700 CNY
Gas Appliance Repairer99,400 CNY
General Warehouse Associate165,000 CNY
Heavy Equipment Operator131,000 CNY
HSE Manager417,000 CNY
Industrial Engineer325,000 CNY
Industrial Machinery Mechanic207,000 CNY
Industrial Production Manager556,000 CNY
Industrial Safety and Health Engineer317,000 CNY
Intake Operator125,000 CNY
Key Account Manager459,000 CNY
Lift Truck Operator97,800 CNY
Loading Supervisor183,000 CNY
Logistic Coordinator249,000 CNY
Logistics Clerk127,000 CNY
Machine Operator94,000 CNY
Machinist100,000 CNY
Maintenance Manager366,000 CNY
Maintenance Store Clerk108,000 CNY
Manufacturing Engineer297,000 CNY
Manufacturing Engineering Manager484,000 CNY
Manufacturing Engineering Technologist360,000 CNY
Manufacturing Manager543,000 CNY
Manufacturing Operative167,000 CNY
Manufacturing Production Technician121,000 CNY
Manufacturing Supervisor281,000 CNY
Manufacturing Technician112,000 CNY
Materials Supervisor292,000 CNY
Mechanical Fitter Engineer320,000 CNY
Mechanical Foreman101,000 CNY
Merchandise Planner165,000 CNY
Metrology Engineer290,000 CNY
Operations Engineer301,000 CNY
Operations Manager483,000 CNY
Order Management Coordinator247,000 CNY
Order Processing Manager415,000 CNY
Order Selector126,000 CNY
Package Handler97,200 CNY
Packaging Manager340,000 CNY
Packer97,000 CNY
Packing Deputy Supervisor255,000 CNY
Planning Manager464,000 CNY
Plant Manager534,000 CNY
Precision Instrument Repairer149,000 CNY
Process Technician125,000 CNY
Product Manager500,000 CNY
Production Analyst450,000 CNY
Production Director609,000 CNY
Production Engineer320,000 CNY
Production Engineering Supervisor490,000 CNY
Production Inspector330,000 CNY
Production Laborer90,400 CNY
Production Manager566,000 CNY
Production Scheduler243,000 CNY
Production Supervisor316,000 CNY
Quality Control Analyst419,000 CNY
Quality Control Inspector335,000 CNY
Quality Control Manager442,000 CNY
Service Technician120,000 CNY
SHEQ Officer142,000 CNY
Shipping Manager497,000 CNY
Small Engine Mechanic167,000 CNY
Spray Painter102,000 CNY
Sterile Processing Technician115,000 CNY
Structural Welder87,500 CNY
Supply Chain Operative289,000 CNY
Technical Operator131,000 CNY
Technology Development Manager540,000 CNY
Testing Technician216,000 CNY
Toolmaker162,000 CNY
Warehouse Operative109,000 CNY
Warehouse Worker102,000 CNY
Warranty Handler181,000 CNY
Welder96,000 CNY
Workshop Manager374,000 CNY
 
you guys are hilarious. billionaires should not be allowed to exist. just because guys like elon musk make much more money than tim cook does not mean that tim cook doesn't make an insane amount of money. it's like saying that it's okay to kill someone as long as you don't kill 100 people. you guys are being fooled to by statistics if you're using elon musk as an argument for why tim cook doesn't make that much.
This is one of the silliest things I’ve ever read.
 
Ah yes, another dude getting paid more than god while his employees can barely make ends meet: https://www.theverge.com/c/22807871/apple-frontline-employees-retail-customer-service-pandemic
LOL...My friend works at Apple store...tells me he does it because it's easy to coast. Don't believe everything you read.

Btw, last checked, the frontline employee doesn't make decisions that affect millions of people in customers and over 100K in employees. Stop trying to compare job roles. Of course, they are part of success. But, roles are different.

Sure. How much money is enough. But, maybe...just maybe...Apple like most companies compete for talent.

And, frontline employees have the right to get Tim's job too.

My only issue is when these guys get tons of money and the company is going down in flames.
 
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