Haha, I suggested this before as well I don't think he will get the job, there's this other guy, Jeff Williams, he will probably be the one.
I like Craig Federighi a lot, he's funny, but his jokes are getting old.
Got a tip for us?
Let us know
Become a MacRumors Supporter for $50/year with no ads, ability to filter front page stories, and private forums.
Apple CEO Tim Cook's Net Worth Exceeds $1 Billion as Apple's Stock Soars
- Thread starter MacRumors
- Start date
- Sort by reaction score
Haha, I suggested this before as well I don't think he will get the job, there's this other guy, Jeff Williams, he will probably be the one.
I like Craig Federighi a lot, he's funny, but his jokes are getting old.
*Bernie has entered the chat*
In general, the executive compensation curve is absurdly steeper than the employee compensation curve. In the last 50 years employee compensation in real dollars has increased about 10% while executive compensation has increased about 1000%! Some studies even correlate this disparity with the risk of social revolution. But there’s no plausible way to call out Cook alone. It’s systemic. Either all these CEOs deserve their stratospheric packages, or none of them do.
That wealth should be distributed to Apple employees more evenly. To have a leader that is so far out-paid from the others makes no sense. I'm sure there are other leaders and/or employees at Apple that face greater stress. Why line the pockets of one well beyond what he needs and not disperse that to the employees that make the company what it is?
Tim didn't get Apple here, and although he has earned a good salary, his net worth is disproportionate. If he were really a philanthropist he wouldn't take a bonus or even a salary from Apple, and make sure it goes to the employees and not the shareholders. Even a $500 bonus for an Apple retail store worker would be hugely appreciated around the holidays.
Tim didn't get Apple here, and although he has earned a good salary, his net worth is disproportionate. If he were really a philanthropist he wouldn't take a bonus or even a salary from Apple, and make sure it goes to the employees and not the shareholders. Even a $500 bonus for an Apple retail store worker would be hugely appreciated around the holidays.
I gotta say, that sounds about right. There is no way, even if I had his ability and knowledge, that I’d want his job for any amount of money. I worked in business long enough and been married to an executive long enough to know that an executive’s time isn’t really their own. And I don’t have the patience or poker face to deal with shareholders, board members, or anyone representing the CCP.
I’d not last two days before everyone would be treated to 🤬🤬🙄😡 explosions. And I manage to keep my patience around small children and teenagers pretty well. But the sheer amount of 💩 and 🤡 that I know he puts up with day after day, year after year, would break my forbearance in 2 days flat.
I’d not last two days before everyone would be treated to 🤬🤬🙄😡 explosions. And I manage to keep my patience around small children and teenagers pretty well. But the sheer amount of 💩 and 🤡 that I know he puts up with day after day, year after year, would break my forbearance in 2 days flat.
It was an extremely wise move by Jobs. He saw the potential of Apple. And picked Cook to maximize the chances of that coming to fruition.
Cook easily has another 10 years. Assuming he's up for more of the the 60-80 hour weeks necessary to keep Apple going, and continues to be bring astonishing successes to the company and board.
Good for him and he probably earned it in a way (Apple has seen more innovative times that is). I hope though he uses it as this amount of money carries responsibility. See Gates who is using it for good. Hope he follows that example. Ss that is more money than any person could spend.
Not sure what you mean -- is it that he's headed to being a trillionaire, so he won't be a billionaire for long?
...he must feel left out with other's busy celebrating centibillionaire status.
Well done mr. Clever bouncing money around man.
Shame he doesn’t actually have an original idea in his head ....
[automerge]1597093579[/automerge]
Shame he doesn’t actually have an original idea in his head ....
[automerge]1597093579[/automerge]
Breaking up bigger companies or people getting fed up with these mammoth size companies.
Merging, buying up competitors, getting bigger, more and more influence.
Anti competitive behaviour, no morals and so on.
I myself think many companies just got too big, some of them had to be bailed out in the last crisis and now with covid.
I say, the shareholders should pay for that.
Some of them could easily help out with the current crisis, few do though.
1billion+? Is he single? I think I want to become his lover/companion. Tim: message me! Xxxxx /s
Well deserved - you only have to look at Apple Watch's steady & consistent improvement over the last few years to see Tim's well known patience paying off (especially since critics tried to paint Watch as a failure at first).
Totally agree and I’ve thought about this at lengths. I used to be a boom operator on movies and use to calculate how much more $$ the actors get. It’s insane and fascinating at how vastly different people are valued. The gap is incredible, but it’s hard Tom argue that he/she isn’t somehow worth it if the profit is there.
I’m actually surprised he’s just now reaching this status. It’s insane to think that Kylie Jenner was named a billionaire before Cook.