Not saying he's not, but it's a lot easier to be a class act when you have a bottomless wallet.
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Tim Cook and Eddy Cue Receive Combined $94 Million in Apple Stock
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Not saying he's not, but it's a lot easier to be a class act when you have a bottomless wallet.
Monetary policy is not a cut and dry, black and white situation. We'll never get everyone agreeing 100%, and that's actually fantastic. The good and best societies are those who can adjust their policy in order to adjust their balance as demands require them. Sometimes, a more hands off approach is necessary, and sometimes, someone needs to step in and control it so that people aren't taking advantage of one another.
You may or may not be being sarcastic. But for the record, the timing of these particular RSUs vesting was determined more than 2 years ago (that's for Mr. Cook's, I'd have to do some digging when it came to Mr. Cue's).
Really you know all the Apple retail workers and they can't afford to pay their bills?
In theory, yeah. But it's not been my experience that that's borne out by reality, not consistently any way.
And when I say class act I'm not just referring to how he handles money or how much (or how little) concern he seems to have for it.
Ah to be in the top .1%. Stock options for almost 100 million dollars! Somehow I don't think he worked 1000 times harder then most of the other Apple employees. Or better yet, could have put 32GB of memory in every iPhone instead of a 2010 worthy 16GB.
Bill Gates has over $80b, he's fine and sane and doing charity work. This can't be compared to lotto winners who turn into a train wreck. These people have worked most of their life and this money is tied to their work, they continue to be occupied each morning with new projects and money is the last thing they think/obsesses over. They aren't taken back but the scale of the money in front of them, especially if they run a $600b company.
But he made all those products the success they were in the first place. He's been running the ship for a long time. Even when jobs was there he pretty much ran the whole operation from a logistics point of view. There would be no modern apple success without Cook.
And btw, spotify has been around for years now. Apple music has barely been around for 2 months and it's not even on android yet!
As a famous footballer once said (soccer), fast cars, fast women and booze; the rest would be wasted away.
According to your math, do you work infinitely harder than someone whose been made redundant? Does an average office worker work harder than a minimum wage McDonalds worker? You get paid what the company think you're worth based on your experience and performance history.
While I don't necessarily agree with the first part of what KanosWRX said, I do agree that Apple can afford to be a little less stingy on what they equip their devices with and what they charge for "premium" upgrades. The rare "Apple Sale" is really a non-event. They could reduce the price of everything 10% across the board and still make billions.
I think you might be mixing a person and a business. A wealthy person might be generous sometimes but a business operates to profit, to just start putting items free of charge into their products is counter intuitive to a business not to mention they are a public company so they are responsible to make profits for the shareholders.
Maybe Eddie could afford to have his shirts ironed. He looked bad at WWDC.
Since the conversation has gotten pretty silly already anyway, I'm just going to go ahead and ask: don't we all have more money than God?
It does if you want to downplay how much you just received, just before the shares jump up due to a new iPhone being announced and sold after the 9th of sept. I'd say excellent timing based on that graph
Eddy looks like an evil witch with that nose from that angle! Not that I would be complaining if I was as rich as he is. Don't like him, no idea why, I do like Schiller though when he is on stage.
Check out their profile pics, Ive is all like I must be cool as I am a designer, well that or he just fell out of bed, and Riccio is like, I must not smile and look like a model haha:
https://www.apple.com/uk/pr/bios/
Anyway, nice exit package those two have scored.
Check out their profile pics, Ive is all like I must be cool as I am a designer, well that or he just fell out of bed, and Riccio is like, I must not smile and look like a model haha:
https://www.apple.com/uk/pr/bios/
Anyway, nice exit package those two have scored.
Apple has $80 billion cash. More than the U.S. Treasury. They keep most of it in overseas tax shelters (aka welfare for the rich aka legalized tax avoidance). Besides releasing a handful of products that nobody really needs, what have they done except make themselves richer? A watch. A bigger tablet. A newer TV. Thrilling.
What does Eddy Cue do? All the products he's responsible for have so many problems. He should get fired not a bonus.
True, but Cook was well-groomed for this position. Heck, he served as interim CEO on at least two occasions when Steve was on medical leave.
I don't think the current VP team have the imagination to take Apple to the next level. They're essentially just cashing in on the foundations that Steve built. They've obviously no idea what to do with the cash pile.