Tim Cook Poised to Receive Around $120 Million in Apple Stock as Tenure and Performance Award

[Williesleg]

Yeah, great job Timmy Cook.

Can't wait for the new Mac mini.

Designed in Cupertino by India. Welded together in China by Chinese.
Shipped all over by burning dinosaur fuel.
Non recyclable, non expandable.

Yay!

 

[Tech198]

$120 million, not bad

 

[Billyk711]

Escalating scale of salary not just tied to the stock price, but more to the disappointment of the customers in all the products, items returned for service and how pissed off the Apple fans get year-on-year.

That is a stupid response
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And yet the Mac is in its worst shape probably since the Scully era.

Not really, u should think before you type,

 

[I7guy]

I personally think these type of short-term compensation packages are bad for society and for business long-term. Plus, it's outrageous for one employee to receive $120 million bonus. Just one person. This is what's wrong with our country.

How else does one compensate a ceo who more than doubled the company value? What would you have Apple do?

 

[notabadname]

I don’t want to edit a movie or work on a intricate music production on an iPad. iOS is a toy operating system. I want the professional tools I built my career with. If Apple has a hard time understanding these tools are still needed by the professionals who’ve made careers with them they are truly lost as a company. If they don’t value the professional product line, they should stop playing like they do and drop support altogether.

Blah, blah, blah, blah blah. Yeah, Apple, the world’s first Trillion dollar company is “lost as a company”. Try, perhaps, Sears and Roebuck. K-Mart, Toys Were Us, and so on. Companies that survive, do so because they adapt to market changes. Phones, tablets and other highly portable forms of computing are where the market it is headed. The so called (and self-described) “Professionals” that can’t find at least an iMac Pro to do his or her work on are the ones who are “lost as a company”. Apple is clearly do just fine.

 

[deyerseve69]

That’s absurd.
[doublepost=1534979111][/doublepost]

How else does one compensate a ceo who more than doubled the company value? What would you have Apple do?

He didn’t do it by himself.

 

[I7guy]

That’s absurd.
[doublepost=1534979111][/doublepost]
He didn’t do it by himself.

I’m sure the others got rewarded as well. But that doesn’t answer the question.

 

[Billyk711]

How else does one compensate a ceo who more than doubled the company value? What would you have Apple do?

Yea some people are stupid, I am talking about the people who think Apple charges too much and since the ceo gets all that money, they should lower prices.
Some silly ignorant people.

 

[bopajuice]

Puts things into perspective. He is awarded more money than most of us will earn in a lifetime, meanwhile I spend my time bickering about politics, phones, keyboards, and battery life. I think I'm doing something wrong.

 

[KPandian1]

That is a stupid response

Somebody doesn't get how sarcasm works!

 

[TracesOfArsenic]

Yet...Several hundred million people, many repeat customers, willingly open their wallets and purchase outstanding Apple products at premium prices. Year after year after year.

Hat-tip to Mr. Cook leading Apple and its 120,000+ employees! He's doing a fantastic job!

The Money Man sure is bringing in that money. No need for an A game when consumers lap up your B (or even C) game.

 

[Peperino]

They are selling more products and making more money than ever before. Customer satisfaction is very high. Just because they are moving on from products you value, doesn't mean they are failing. They are actually doing really well as a company.

That is your view. The only reason they are doing great as a company is because of the iPhone. Unfortunately, Apple turned into a phone company. And services (Apple pay, itunes, etc).
By the way, itunes GUI has become a complete cumbersome mess, thanks to Edy Cue.

If you take the iPhone away (which is almost 70% of revenues) they will crumble in a second.
It is not just me that thinks, the entire computer line up is completly outdated and overpriced. Mac Pro, Mac Mini, iMac (design has not been updated in 10 years) and Macbook Pro is a failure.

Furthermore, not just the quality of their products is not what is used to be, but they lack on innovation.

 

[Thunderbird]

I’m sure the others got rewarded as well. But that doesn’t answer the question.

Yes, I'm sure all those Foxconn employees who actually did the work assembling the products each got millions in compensation too. Oh wait....

I wonder if Tim has a suicide net outside his office window? Nah...probably not.

 

[Peperino]

Yet...Several hundred million people, many repeat customers, willingly open their wallets and purchase outstanding Apple products at premium prices. Year after year after year.

Hat-tip to Mr. Cook leading Apple and its 120,000+ employees! He's doing a fantastic job!

Unfortunately for Apple, Tim Crook, makes a lot of money for Apple, but lacks what Jobs' vision and innovation.
Apple innovation is dead, charging premium prices for average products even way outdated products.
Despite iPhone, iwatch and maybe ipad the rest of the computer line up is overpriced and outdated.
As I said in my other post, Apple turned into a phone company, making most of his money from iPhones, services and ripping off most of the Apps in the appstore, where they charge a 33%.

 

[I7guy]

Yes, I'm sure all those Foxconn employees who actually did the work assembling the products each got millions in compensation too. Oh wait....

I wonder if Tim has a suicide net outside his office window? Nah...probably not.

Wait, you are saying, Apple is the only company in the world to use manufacturing facilities outside of the United States? Oh wait... But still the question is not answered, only deflected with some nonsense about Foxconn.
[doublepost=1534990609][/doublepost]

Puts things into perspective. He is awarded more money than most of us will earn in a lifetime, meanwhile I spend my time bickering about politics, phones, keyboards, and battery life. I think I'm doing something wrong.

You're right. He's alone in making the bucks.

https://www.usatoday.com/story/mone...eos-americas-100-largest-companies/488630002/

 

[techwhiz]

Well, I certainly can't think of anyone that deserves it more!

</SARCHASM^3>

The rank and file that do the real work?

 

[KPandian1]

Yes, I'm sure all those Foxconn employees who actually did the work assembling the products each got millions in compensation too.

Jobs they wouldn't have otherwise. What was the suicide rate in China before the "industrial Revolution?"

Almost every company in the USA, and all electronics companies produce in filthy third world conditions, so I won't single out Apple for the woes of Chinese laborers.

My concern is more about the quality of their computers, specifically what they consider a portable computer should be. They had it right until 2015 - I didn't care about upgrading ease.

 

[Peperino]

No they aren't. Not on any scale that matters.
[doublepost=1534973123][/doublepost]
Hmm, do you ever look at the facts or do you just speak in generalities? Cook has quadrupled the AAPL's share price and market cap, doubled revenue and profit, and sells 3X the iPhones during the Jobs era.

Fact is, computers (Laptops and Desktops) are secondary compared to mobile computing (iPads, iPhone, Watch, and the services that go with them)..

You actually just make my point. Apple has become a phone/service company. almost 65% revenues comes from iPhones.
We all know that computers are secondary. What is sad, is that they completely abandoned the entire computer line up, abandoning the entire Pro users.

Upgrade cycles has been a joke. Quality has decreased for the premium price we pay for an Apple product.
iMac design has not been updated in 10 years. That shows how much they care about innovation...

You can see how much Apple cares about the Macbooks design and innovation when they designed a Macbook Pro that you cannot even connect your own iPhone or iPad... what a joke.

 

[steve333]

No CEO should get that kind of money. It's repulsive

 

[Defthand]

Cook’s leadership and fortunate circumstances are not unlike that of former Microsoft CEO Steve Ballmer. Both inherited snowballing brands from charismatic visionaries after the hard work of inventing defining products was done.

Cook’s legacy will be the financial milestones he was present for—milestones he may or may not have been responsible for. Jobs, meanwhile, will remain a legend for the philosophical standards his brand aspired to be.

 

[I7guy]

Cook’s leadership and fortunate circumstances are not unlike that of former Microsoft CEO Steve Ballmer. Both inherited snowballing brands from charismatic visionaries after the hard work of inventing defining products was done.

Cook’s legacy will be the financial milestones he was present for—milestones he may or may not have been responsible for. Jobs, meanwhile, will remain a legend for the philosophical standards his brand aspired to be.

Cook was responsible for the fortunes apple has today. Apple didn't get that way because customers were driven away in droves. Cook is a legend in his own right. And who knows, in 2018 Apple may have fallen on it's face with Jobs at the helm. You can't say that isn't a possibility.

 

[halledise]

prick

 

[silvertech]

No one needs this much money.

 

[Irock619]

Imagine how many lives it could change if this money went to the people of Apple, just once.

 

[Baymowe335]

You actually just make my point. Apple has become a phone/service company. almost 65% revenues comes from iPhones.
We all know that computers are secondary. What is sad, is that they completely abandoned the entire computer line up, abandoning the entire Pro users.

Upgrade cycles has been a joke. Quality has decreased for the premium price we pay for an Apple product.
iMac design has not been updated in 10 years. That shows how much they care about innovation...

You can see how much Apple cares about the Macbooks design and innovation when they designed a Macbook Pro that you cannot even connect your own iPhone or iPad... what a joke.

I agree with the last part, in theory...but I also never really have a need to connect my iPhone, lol.

To say Apple doesn’t care is totally inaccurate. There are bigger priorities for Apple than traditional computing. Why blame Cook for leading Apple to provide what the market wants?
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No CEO should get that kind of money. It's repulsive

It’s a lot of money, but he’s underpaid. He has all the responsibility and has created hundreds of billions in value. When you create big value, you make big money and it’s worth it.

As a shareholder, I fully support Cook’s compensation package.

Repulsive are garbage CEOs who ruin companies and make out like bandits.