Tim Cook Reaches Five Years as Apple CEO, Unlocks Over $100 Million in Bonuses

[Thunderhawks]

Correction. It was an informed jab.

As to the most of the remaining parts of your post, you are obviously defensive, so I'm not going to address it.

When I become a public figure, and disclose my personal finances, you will be the first person I come to for help.

Please note that my OP stated that no one in the thread mentioned how much he donated to charity. I wasn't singling you out. I apologize if you thought it was a personal attack. It wasn't.

I have no benefits from defending Apple or TC, nor do I get offended by posts.

My point was: Why does it matter to you if it was mentioned, which insinuates that he may not do charity work or give donations.
Why would it be important how much he donates (if any) and what TC does with his money? Why would you want to know what charities he donates to? It is his and nobody's business what he does with it.

If any of it would be public knowledge , I can guarantee that some nitwits would attack his choices.
Or, other charities put pressure for theirs. Many more reasons to stay anonymous.

Why are you deflecting my question for YOUR donations and charity work, claiming not to be a public figure?
It would be even easier since you have an anonymous id here on MR.

I can tell you, that my favorite charity is the Newington Children Hospital and I just donated to the Leukemia Foundation. I also sometimes give some persons I see struggling in the streets $ 20 at a time when I see them.
I can also tell you that I cannot donate regularly, due to my current financial situation.
When I had a high paying 6 figure job, I would donate regularly.

PS: I also give blood, because I am blessed with a universally compatible blood type.
They would like to pump me dry if they could. For now they just ask every 6 months.

There, all that info despite NOT being a public figure.

 

[satchmo]

Stock price is nearly double since when these shares were awarded five years ago. So as a financial steward of the company he has done amazing.

Yes, but Apple represents and stand for quality and innovation ahead of quantity and record profits.

Somebody, if not Tim Cook, needs to put the focus back on delivering the best products, not this cycle of incremental upgrades.

I harken back to the days of the iPod nano and iMac G4 product launches. Both were successful products that didn't 'need' to be upgraded. However because it wasn't about numbers but rather innovation, they were both redesigned.

 

[Juicy Box]

A significant portion of the blame here is Intel not Apple. Intel has so screwed up their CPU line because they could not manufacture the latest processing nodes, that Apple, right or wrong, decided the minuscule bumps Intel made in their CPU's did not justify making major product updates.

This could very well be true, maybe Apple should look else where like they did when Motorola was slacking on the PPC.

And, I am no expert on the CPUs that Intel are making, but has there not been a decent update to a suitable CPU for the MacBook Pro in the last 5 years that would warrant an update? How about a decent GPU update?

Maybe not.

 

[Kabeyun]

Yeah $100 Million+ "great" while lower level employees do all the real work and get paid jack squat while they have to wait off the clock to have their bags searched.

I'm not saying socialism is great. I'm saying fixed rules ultra-greedy at the top Crony Capitalism is out of control. CEOs used to make 100x what a regular worker makes. Now they make like 100,000+ times what a regular worker makes. It's ridiculous.

Agreed, except it's naïve to suggest than sales hours and manual labor are the only forms of work. An organism without a head is a dead body.

I'd also mention that Tim Cook and most CEOs aren't the determiners of their exorbitant packages. Take it up the the Boards of these companies who decide these things. We've crept up to a point where they can only attract top talent by offering them a monarch's trust fund. This can never creep slowly down the other way. The only two ways to lower this ratio are legislation or a real, actual revolution.

 

[Gooberton]

Not ONE SINGLE INOVATION. Anyone could do what this clown has done


Cook has overseen the launch of the Apple Watch, MacBook Pro with Retina display, ultra-thin 12-inch MacBook, iPad Pro, several iPhone and iPad models, Apple Maps, Apple Music, Apple Pay, Siri, and many other products and services since taking over the reigns in 2011.

 

[macfacts]

Cue the (stealthily homophobic) Cook haters.

No one is making gay jokes. Grab a mirror cause you're the first to bring up his sexual preference.

 

[Maxtoid]

This could very well be true, maybe Apple should look else where like they did when Motorola was slacking on the PPC.

And, I am no expert on the CPUs that Intel are making, but has there not been a decent update to a suitable CPU for the MacBook Pro in the last 5 years that would warrant an update? How about a decent GPU update?

Maybe not.

There have been some, and Apple now sports great i7's in the high-end MacBook Pros... But the big jump is the Skylake. I had one within a week of it coming out last year with a new LGA1151 motherboard, and I waited for nearly 6 months of firmware updates for it to fully stabilize. Large jumps in processor generations often take longer to stabilize, so I can fully understand why Apple would want to wait and ensure stability. I expected a refresh this summer, but with the new generation coming out, the probably decided to wait till the new MacBook's drop this fall to refresh the retinas.

 

[69650]

And he's done a great job, despite what people have to say around these parts. Glad he's on board.

Totally Disagree.

 

[rfrmac]

Well, others have already said what I would say. He's just maintained the status quo for the most part. Apple has more resources than they have ever had before. They've acquired more companies than they ever have, yet, there desktop and mobile hardware have fallen further and further behind with each passing year. What are all of these resources being used on? Car, I don't need. A new Mac Pro, iMac are what I do need. I realize that the big money is in services. But just for old time sake, couldn't you spare some people to keep your hardware up to date? Is that too much to ask?

 

[smacrumon]

Good idea. You should start by donating your own bonus and set an example for the rest of us.

BTW, Tim worked his ass off to get to where he is, already donated more money than you or I will probably make in the next 10 years and have already pledged to donate the majority of his wealth to people who probably need it more than factory workers, who btw, are considered well off by many villagers' standards.

Tim doesn't work his ass off, you and many here probably don't even know what the phrase "working their ass off" really means. Nobody, not even Tim works hard enough to earn $28,168.02 a day. Thats ridiculous. When Apple pays its offshore factory workers about $3 a day. Apple should start paying its offshore workers more, much more, these workers are the reason the devices even exist and not just an idea on a piece of paper.

 

[bmunge]

Clearly his bonus should be based on the satistifaction of miserable posters in these comments.

 

[santaliqueur]

Mac holds less marketshare than ever in history.
iOS sinks to record low marketshare.
iPhone now makes up less marketshare than ever.
iPhone 7 looks like iPhone 6S, and iPhone 6S looks like iPhone 6.
MacBook Pro Line goes nearly 5 years and still no update.
iPad sales lagging industry.

Not a resume I'd want... sure Apple is profitable... but has been stagnant for a while in product. And the reason the company is successful is the coat-tails they're still riding from past successes.

Innovation is the name of the game, and without it, it's a boring and unsuccessful path when it comes to technology.

You keep talking about "marketshare" like a typical forum critic. The only real thing that matters is financial performance. Apple's stock has nearly doubled since Cook took the CEO position.

Oh, right. The other guy made Apple double its stock price after he died.

 

[djcerla]

No one is making gay jokes. Grab a mirror cause you're the first to bring up his sexual preference.

That's exactly my point.

 

[gertruded]

You keep talking about "marketshare" like a typical forum critic. The only real thing that matters is financial performance. Apple's stock has nearly doubled since Cook took the CEO position.

Oh, right. The other guy made Apple double its stock price after he died.

They are clearly "using up" their future for short term profits. In other words Apple has gone Wall Street as you suggest they should do, and as a result is starting Apple's decline.

 

[dxmac99]

He should pack the $$ and leave, instead of screwing up APPLE more.

 

[nt5672]

While I despair at the current state of the Mac line up, so much so I am considering purchasing a PC as my next work computer, I can't help but think TC is a very decent guy.
. . . . .

This is exactly the problem, Tim Cook is probably a decent guy. But usually hard chargers that drive innovation and performance are not usually recognized as being decent or nice in their management style. You usually have to light a fire under people to get outstanding accomplishments. This is something I don't think he is good at and it shows.

 

[Nautilus007]

It was pretty hard to mess things up based on the trajectory Apple was on, in my opinion he is a horrible leader. He has not done one thing that is revolutionary, him and his band of execs are just sitting down for the ride. Coming up with new colors for laptops and notebooks, a block of a battery case for the iPhone and a stylus that plugs in to the bottom of your iPad like a penis is not innovation. As far as results go, like I said the company had a 5 year plan post Steve and since then everything has been lackluster, software is more buggy then it was 5 years ago and they're spending money ramping up the stores???To sell what, products that looked the same 5 years ago?

Fire Tim, fire anyone on the executive staff that thinks Tim shouldn't be fired or moved to a different role and kickstart some innovation.

Furthermore, its great that Apple is trying to enter into different markets and sectors such as health and automobiles but it should be at the expense of their core specialty of consumer products and services.

I could go on for days, look at iTunes, it went from being the best media player to a bloated monstrosity.... look at this years mac update, its embarrassing how incremental of an update it is, the board has to know about something that the general public doesn't, its alarming how lazy Apple has gotten as far as product releases goes.
Each year I told myself oh Apple is just milking this until competitors catch up to their design and they are forced to innovate, or they are just playing with their competitors but now its getting crazy, look at the Surfacebook and the Galaxy S7 edge...beautiful devices all while Apple's lineup is collecting dust and we are more worried about writing a new retail credo and and cool commercials all while people like Angela Ahrendts are collecting more money than the general consumer can fathom, what a shame.

 

[Apple Corps]

And he's done a great job, despite what people have to say around these parts. Glad he's on board.

And he's done a poor job, despite what people have to say around these parts. Sad he's on board.

 

[Soccertess]

And the most sales of any one model.

That's because have so few models! Three up to date models unless you want to buy a phone that is 3 years old! Plus, he took the iphone to China, where it's loosing market share like crazy to superior phones. You shouldn't look at where you are right now, but where you are going. September will be interesting, but the road looks down hill from here.


That's why it's called the 6S. Like the 3GS looked like the 3G. 4S looked like the 4. 5S looked like the 5.

True, and iphone 7 breaks that trend. More importantly, the form factor is outdated and ridiculous! How can you defend it without looking at it and noticing the benzels are the biggest in the industry. Can Apple do no wrongs in your eyes?

Just the non-Retina. This shouldn't come as any great surprise. You have to properly dig it out from the website as well.

Come on.. Macbook airs are outdated, the macbook has one port making it useless for most people, macbook pros are stale..

Time for an update was 2 years ago....They just rode there good product until the form factor was extremely outdated. It seems they have followed the car industry model of slow updates to maximize return. I also blame the competition for being slow, but Nardella has done a great job with Surface 4!


Still more sales than any other tablet. Partership with IBM will vastly improve long term sales & functionality.

Without a file system, ipad is a fade that is failing. Great for media and children I must say.

You class 'innovation' as being synonymous with something that looks completely different. The Mac line has had more innovation in the last 5 years than it had from 2007-2011. While you're complaining, everybody else continues to use their Macs for their livelihood, and are simply waiting for a spec bump if they feel the need to upgrade.

You need to call out Apple when they aren't doing their best. You need to be objective. Apple has some great things, but not all is well at Apple. Shame this fool got 100 million for mediocre performance.

 

[Urban Joe]

The number one danger with cooks apple is that he is repeating the past. The last time Jobs was not at apple product variants exploded as the water slowly began leaking into scullys ship. The same thing is happening again. Cook does not have any clear product vision so he just keeps creating more and more variations on the existing products. But at least apples pointing in the right direction (stock market price), right?

The two time periods are somewhat different. We live in a mobile world now that I would argue necessitates more hardware variant options. As far as I know Apple has the most developer profitable mobile App Store as well which is needed to incentivize software innovation. Hardware tech innovation ebbs and flows and overall we've hit kind of another wall to break through before we're gonna see another "magical" product. Maybe our biggest surprises/advances will eventually come from smarter software.

 

[DEMinSoCAL]

He has previously pledged to donate the vast majority of his wealth, including stock bonuses like these, to charities in his lifetime.

The biggest impact he could have with the most people is reducing the price of Apple Products.

 

[otternonsense]

That's exactly my point.

You're not even making a point.

 

[Chew Toy McCoy]

I’m most disappointed in who Apple chooses to partner up with and hugely promote musically. First it was rock well past its prime. Now its Hip Hop well past its prime. Love it, hate it, or indifferent EDM is currently top of the heap and Apple probably won’t give it the same top tier attention until it’s also past its prime.


Are there any big decision makers at Apple under the age of 50?

 

[otternonsense]

I’m most disappointed in who Apple chooses to partner up with and hugely promote musically. First it was rock well past its prime. Now its Hip Hop well past its prime. Love it, hate it, or indifferent EDM is currently top of the heap and Apple probably won’t give it the same top tier attention until it’s also past its prime.

Are there any big decision makers at Apple under the age of 50?

Just look at the pundits. Eddy Cue is the definition of "past its prime".

 

[DevNull0]

I'm not talking about money. I'm talking about natural resources, without which, money is utterly meaningless.

In what way were you not talking talking about money? And what do natural resources have to do at all with what you said?

Did you get called out saying something stupid so you're trying to rewrite the facts?