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Apple CEO Tim Cook Shares Tidbits About His Life
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A pointless interview
It would be far more interesting to ask him why Apple isn't performing well, rather than about jam 😂
In recent years, during the best quarters, he has already sold significant portions of the stock options he owned.
My bet is that he won't be CEO anymore within two years.
Apple is going through the same innovation crisis it experienced during the period when SJ wasn't around: lots of expensive things, but no real innovation, because no ideas, and moreover the Design Team has been dismantled.
The Cow Product is struggling under the increasing competition, a stronger processor every year isn't more enough.
A shortsighted strategy focused on cutting costs instead of fostering long-term innovation is handing the bill.
It would be far more interesting to ask him why Apple isn't performing well, rather than about jam 😂
In recent years, during the best quarters, he has already sold significant portions of the stock options he owned.
My bet is that he won't be CEO anymore within two years.
Apple is going through the same innovation crisis it experienced during the period when SJ wasn't around: lots of expensive things, but no real innovation, because no ideas, and moreover the Design Team has been dismantled.
The Cow Product is struggling under the increasing competition, a stronger processor every year isn't more enough.
A shortsighted strategy focused on cutting costs instead of fostering long-term innovation is handing the bill.
This is was Cooks job was all about, finance - before Jobs passed away. But he was never designated to be CEO forever and I do think Jobs knew this exactly. And of course, Jobs failed - this is quite natural when you try new things.
Jobs always wanted to create the most simple and stunning to use interfaces. You should buy an iPhone and get the Best. He didn't want you to enter an Apple Store and choose between iPhone 13/14/15, max not, max or SE? Macbook, Macbook Air or Macbook Pro?
An action button, now a camera control button - likely to become the best example what Jobs didn't want to do. Create features that only a minority of the users need while increasing complexity (80/20 rule).
I took part in quite some WWDC conferences to learn Jobs way and it became my way already before I dived into Apple universe.
So yes, Tim is an extraordinary financial manager - but he is missing the Apple DNA. And he never learned to think different. So CEO should not be his job.
He should start his day with Apple Fitness. That way he can see how frustrating it is when it takes 3 try's to get the Apple Watch to sync up with the Apple TV.
The highest count of share he sold was in 2016
The highest count of share sold in a calendar year was in 2017
The highest sales frequency year was in 2004
So all of what you said was false.
His recent sales coincide with exercise of options. When options mature and are in-the-money, they convert to shares. Massive amount. It's the prudent thing to do diversity his holding.
He still owns 3.3 million shares, worth close to 1 BILLION dollars, in this company. That is still a massive alignment of incentives. For reference, he likely owns more of Apple than Satya does of Microsoft and Sundar in Alphabet.
Dell still can’t ship a laptop where the bottom case stays put when the lid is opened.
Nothing like guidance with no factual basis going against every wall street analyst on the planet.
Market cap is not very relevant to customers, as opposed to shareholders. And selling more products doesn’t mean that the median customer is more happy/productive/whatever with the current product than they were with the 20-years-ago product.
What, no 500 foot yacht? No trophy husband? No private spaceship? No chauffered Bentley? Making your own breakfast? Who does Cook think he is, Sam Walton? Dude, you're a billionaire! Start living like one!
I'd like you to come up with a worthy successor who can take Apple's market cap from almost 4 trillion to 40 trillion, the way Cook's management took it from 350 billion to 4 trillion.
I love cooking, but I suspect it is a waste of his time; honestly I was surprised to see he takes home food vs. having a private chef. Assuming he works a 60 hour week (which honestly is probably too low), he makes roughly $25k an hour looking at total comp. Assuming an hour a day cooking, a private chef would pay for him/herself after a week or two.
For those who say he's overpaid, at his base compensation he's making $1000 an hour (given a 60 hour week) - that's an absolute bargain for Apple.
For those who say he's overpaid, at his base compensation he's making $1000 an hour (given a 60 hour week) - that's an absolute bargain for Apple.
It’s a non story and really says nothing. No one is taking some relevant questions. I don’t care or am interested in his private life. I do care about releasing up to date products and how he will handle all the things where Apple is years behind with the competition like the key element Siri. Why no yearly update to all the products (a chip swap and memory upgrade don’t cost Apple much). Why still releasing screens at 60 hz, why the neglect of their prosumer soft- and hardware. How long he thinks Apple will be able to compete with Android, Qualcomm, Google, Microsoft, etc.
I hear lots of people cheer about Apple is a 4 trillion company. But it’s 3,5 trillion at the moment.
Apple begins to look like Nokia with their products. And Nokia was a several trillion company too.
Whats the use for customers when Apple rises from 4 trillion (it’s actually 3,5 trillion and I expect it will get lower after their quarterly results this month) to 40 trillions when their products are still minor refreshments and colorchange year after year?
What does this "customer" you're talking about want? Or is it just what you want Apple to give you?
If you only come up with another question instead of answering the first. It’s no use to respond at all.
It's a podcast about food and family.
Most people in the world aren't interested in hardware and software.
It's a podcast about food and family. Asking technical or financial questions would have been so out of place and disrespectful to the podcast's listeners.
I would argue Apple has over performed in the last few years. Selling premium products to consumers in a world wide market with high inflation and high interest rates should have reduced Apple's revenue a lot more than it did. Apple revenue being essentially flat the last three years is pretty great.
Happy customers who don't want to spend money on Apple products and services are the worst kind of customers. It's really good these becomes Windows and Android customers.
The only problem is that some of you seem to never be able to let Apple go away from your life. You're still upset about prices for RAM and SSD sizes.