Tim Cook Donates Almost $5M Worth of Apple Shares to Charity

[I7guy]

THAT I do respect. People who do charity and keep it private. There’s no agenda in that. It's integrity.
If people have as their work to raise money here and there for it, it's acceptable that it's public.

But as a person, who make it public that they donate this and that privately. Sorry I don't like it.
As if they think they can buy a reputation of goodness. I don't trust it.

I've heard enough many stories of how charity is used to buy themselves a reputation of being good.
Heard of a wealthy guy who donated a massive amount to something, at the same time he was suing his daughter.
That sounds fine, right?
I've heard more how celebs use charity for personal issues, uses alcohol companies to sponsor their charities.
Wonderful.

Today, it's a big industry. And yes tax reduction, and guess more personal advantages too.

I'm not sure of Tim's agenda in this, I don't know the guy. But it's certain that he wants people to think he is a really good guy, as he make his charity work/donations public.
That's exactly why I hesitate strongly to think that

Interesting. Good for Tim and the charities he’s donating to. It doesn’t really matter what you or I feel about the way tim chooses to donate. It’s not going to change anything in the universe one iota.

For all intents and purposes he is a “good guy” and I applaud him for his charity.

 

[profmjh]

Grotesquely wealthy man donates miserly proportion of his bloated riches to charity.

I’m as impressed as I was when Zuckerberg said he’d give so much of his wealth away that he’d only leave himself half a billion to live on.

 

[MacDawg]

So much cynicism in this thread
No matter what the story is, it is like chum in the water for sharks

 

[MarkB786]

Need a word limit per post. This exceeds online attention span by about three hundred sentences.

I am not trying to be mean, but you work in RETAIL. $17.50 is more than plenty working at a RETAIL store doing any kind of non-Management role. Whether you fold shirts or flip burgers or promote iPads or sell fishing rods or bag groceries or stock shelves or greet customers, $17.50 is far above minimum wage in a retail experience. And you've been doing it for 9 years. You should have moved out of retail after 2-3 years...go work at Apple Tech Support (a high % work from home), or work at some other kind of computer/technical role. $17.50 x 30 hours a week x 50 weeks is $26,250 a year and if it was 40 hours a week it would be $35k. I assume you get some kind of health benefits. You're making fairly good money for what you are actually doing and according to payscales of this kind of work. Even a raise of $1.00 more an hour would be about a 6% pay increase which honestly probably doesn't help if you are already struggling. To get away from "struggling" you would likely need a 30% or more pay increase. I don't see Apple paying you $24/hour ($48k/year at 40 hours a week for 50 weeks) or more unless they cut their staff.

In 1993 I completed college and my first job was Tech Support for numerous Microsoft products and I made $24k a year with some fair benefits and quit 2 years later when I was making $35k I believe. Tech Support these days is $30k-$45k entry position (they will take anyone with a heartbeat..seriously...and you probably speak fluent English and are TECHNICAL already)...$45k with some experience and/or highly technical skills. As I moved from job to job, I sucked up every experience and knowledge I could...knowing how the guts of computers and OSes work to moving into network admin/IT admin/in-house employee support and then moving to Presales and then moving into Sales Enablement. There are a lot of options if you are technical and especially if you can communicate well. I have yet to try Business Analyst, Product Management, and Product Marketing. I've never been a manager and don't think it's my cup of soup.

Also, for about the last 15 years, NOBODY in the USA has gotten a "cost of living" increase except government employees. Seriously. I have worked for the same very-high tech and very large company for 10+ years and had excellent reviews year after year and received a one-time 2% increase. It sucks. It really does. But I weigh all my options, employer quality, and quality of life and I stick with it. I know over 100 people in this company and none of them have received any kind of cost of living raise. Nobody. And they have 5-15 years tenure and are really bright people.

You should leave Retail. Period. I know this may be easier said than done. If you love Apple (and you seem to be devoted), find some other Apple job such as in-house tech support for some company. The longer you stay in Retail, the harder (very much harder) it is to get out. If you started at Apple at age 18 that means you're 27 now...if you started at 23 you are 32 now...dude, get the heck out of there because you are technical and not just a smiling Apple employee asking "can I help you?" to 4000 customers every day. You have a brain and Apple computers make up only 5% of the worlds total computer installations (1% in corporate America)...you are highly marketable in corporate America if you are a Mac god. If you are an iPad or other iDevice god, you are not as unique.

For an immediate solution, you could politely ask your manager how you can earn more money...extra hours? overtime? train to become a manager? However, before you ask, PREPARE TO OFFER SOLUTIONS such as I mentioned. Show them you are eager to stay with Apple Retail but you frankly need more income...and you have given time and thought to how you can help Apple Retail. And, it's not just about you needing more income...but it's the fact that you want to GROW within Apple Retail and offer your experience, leadership, and customer service skills to better satisfy customers.

If you want to post or PM me your LinkedIn profile, I would be happy to offer suggestions.

[doublepost=1535029339][/doublepost]Probably because cynicism is justified these days. No one is as pure and kind as they let on. Even Great and Generous Tim. If he were truly generous and humble he would have made this donation anonymously, assuming it is legal to do so.

So much cynicism in this thread
No matter what the story is, it is like chum in the water for sharks

 

[MacDawg]

Probably because cynicism is justified these days. No one is as pure and kind as they let on. Even Great and Generous Tim. If he were truly generous and humble he would have made this donation anonymously, assuming it is legal to do so.

He's getting slammed in this thread for not giving enough, so I fail to see how giving anonymously would improve that narrative
Damned if you do, damned if you don't

 

[YaBe]

Probably because cynicism is justified these days. No one is as pure and kind as they let on. Even Great and Generous Tim. If he were truly generous and humble he would have made this donation anonymously, assuming it is legal to do so.

People need to realize that he did not disclose it himself, it is the SEC filing not his action who led people to know about this.

And no he cannot give shares anonymously, the SEC is there to "check" everything is done in a legal way.

I mean it is even in the article:
"The SEC filing does not disclose the charity that Cook donated the shares to, as executives are not required to divulge that information."

SEC filing gave it away not Tim, and he did everything in his power not to divulge more than he neede to.

 

[Lioness~]

Almost 5m to charity...and 1 hour later came the news that he gets 120m

I don't give a da** about any of it, as I don't know the guy.
I can only react on how & what are presented here.
Underpaid techs and personnel at Apple today, I've read in this thread too.
No wonder all bugs. How can Apple employed people be underpaid?
It's a sin, in all the money Apple make today.
All goes down in Tim's pockets.

https://forums.macrumors.com/thread...tock-as-tenure-and-performance-award.2133553/

 

[I7guy]

Almost 5m to charity...and 1 hour later came the news that he gets 120m

I don't give a da** about any of it, as I don't know the guy.
I can only react on how & what are presented here.
Underpaid techs and personnel at Apple today, I've read in this thread too.
No wonder all bugs. How can Apple employed people be underpaid?
It's a sin, in all the money Apple make today.
All goes down in Tim's pockets.

https://forums.macrumors.com/thread...tock-as-tenure-and-performance-award.2133553/

Is al Apple worth $120m? Good for Tim, he is making the decisions that the mgmt and staff are executing. That is what he is getting paid for.