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Tim Cook Receives Bonus of $5 Million and Stock for Performance During Jobs' Absence
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Yup, 7 is better than Vista, it's about up to 10.1 level now ... only with viruses and malware
.Other than it means either; 'PC Pro systems' if dominant, as you infer are sub $1000 by enlarge (that'll be a really hot PC
) or if plus $1k they occupy only 10% 0f the market at maximum?no, what i said was the "above $1K market that apple dominates" is a fabricated market. All of their hardware recently is above $1k, so that is basically they are putting all their sales against the competitors which are beating apple handily in the sub $1K market which is the real space vendors are competing for. We all know apple has margins and cash, a fact that the fanboys like to tout whenever features are lacking or when the empirical data states another story.
The trolls, it seems, be a-trollin'
A man gets a huge bonus for doing a great job during an economic downturn and all they can do is scratch and sniff their nethers and declare that "something stinks."
Well, it ain't Tim Cook and it ain't Apple. Plural or singular.
A man gets a huge bonus for doing a great job during an economic downturn and all they can do is scratch and sniff their nethers and declare that "something stinks."
Well, it ain't Tim Cook and it ain't Apple. Plural or singular.
Are you talking hardware or software 'cause Apple software doesn't dominate the high-end post world by a long shot.
Lethal
Let me explain it then:
In Colonial English, it is:
- Apple is ...
- Apple doesn't ...
- Apple dislikes ...
In the mother tongue, it is:
- Apple are ...
- Apple don't ...
- Apple dislike ...
Very simple. The Queen's English (the real English) considers
the name of a corporation to be a plural noun. Colonial English
(the variant of English spoken in the New World colonies)
considers the name of a corporation to be a singular noun.
Wouldn't it be more effective to talk about ZPG with the breeders that you know?
In a world where far too many execs receive mind-numbing bonuses for running companies into the ground, should this even be an issue? He should be rewarded for his competence.
On a personal note, I sent Tim Cook an email when Apple (foolishly) decided to drop Firewire from the then low-end MacBook. As an audio professional, I didn't understand the "Logic" of the move (pardon the pun).
He responded in a markedly anti-Jobs fashion, i.e. he actually wrote me back a personal note, thanked me for my perspective, and asked a follow-up question.
Hope he's the guy who takes the reigns from Jobs when the time comes.
On a personal note, I sent Tim Cook an email when Apple (foolishly) decided to drop Firewire from the then low-end MacBook. As an audio professional, I didn't understand the "Logic" of the move (pardon the pun).
He responded in a markedly anti-Jobs fashion, i.e. he actually wrote me back a personal note, thanked me for my perspective, and asked a follow-up question.
Hope he's the guy who takes the reigns from Jobs when the time comes.
Here's a thought- a company is losing 100 million a year. You're hired and you stop the losses to about 50 million a year. Ya think maybe you should get a 5 million dollar bonus? Hell yeah! And any stockholder in the company should be elated.
Problem with govt takeover is now everyone has an uninformed opinion and it IS their money going to the bonuses after all. So now politicians are forced to set limits and stuff, and then where does a competent CEO want to work? GM?The gov run banks? Nope, places like Apple.
This govt interference crap just buys votes and destroys the only saving grace we've got- capitalism.
I find bonuses like this to be absurd. I don't believe for one second that Tim Cook steered this company to make billions of dollars while Steve Jobs was away for 6 months. Apple is a very well oiled machine that has incredible talent in all facets of it's various components.
I could step in and run that company for 6 months and it would still continue to be very profitable, and I could assure you I wouldn't deserve an additional 5 million dollars for doing so.
I could step in and run that company for 6 months and it would still continue to be very profitable, and I could assure you I wouldn't deserve an additional 5 million dollars for doing so.
Problem with your rant is - only banking and two of the auto
companies benefitted from "government interference".
Your "competent CEOs" are pretty free as to where they could go.
Avoid banks, GM and Chrysler. Look at Ford and any non-banking
company.
I think the only place Governments need to step in is to break up monopolies. Look what happened when the US government broke apart AT&T. Now if only the NZ government would break up Fonterra and Telecom and actually spent time giving tax incentives for NZ companies.
Superman would be worth that much! Being able to save the world and all would make you pretty valuable.
His opinion is correct if competing companies also don't pay bonuses for top notch workers who give them a competitive advantage. However, if any companies competing with your boss's DO give bonuses, just switch jobs to one of them, and your boss and his company are scr*w*d because of his attitude.
It's really trivial to deserve that kind of money. If you came to work to run some company, and could legally increase its value by $500M after taxes, the owners might consider a contract for a 1% net appreciation bonus quite reasonable... and I wouldn't be surprised if you asked for more. That's exactly what happens with some Pro sport franchises.
Obsolete ideology. They tried that in various failed Communist economies before the fall of the Berlin wall. Doesn't work. Almost everybody else eventually ends up worse off after the government kills off all the big (and even grossly unfair) monetary incentives.
Well deserved Tim. Should have been 7 million. Should keep the Head Hunters away for quite a while. Meet Apples next CEO. 
I can't believe the ignorance of people angry over the amount of cooks bonus, or wanting the government to decide someones compensation in the private market.
Sorry, but that mindset is the reason why you'll never be rich.
I agree, it's a lot of money, but consider what the downfall would have been had he done a bad job. Had he done something wrong, stock could have fallen by 10% or more, which would be BILLIONS in lost market value.
And guys, don't forget: He can't sell those 75,000 shares until 2011 and 2012 and analysts are predicting the stock to hit $450/share by that time so he really got about a $35 million bonus!
Can't say for sure whether it was well deserved, but it was logical considering what's at stake (above).
Agreed. Anyone who thinks that the government should decide someone's compensation in the private market should be shipped off to China.
Totally. I mean, my god damn pet frog could run that company for six months.
Be real. You, nor I, have any idea what it takes to run one of the biggest companies in the world.
+100
These Obama lovers are completely oblivious to what a well-oiled prosperous country should look like.
I think it's funny how all of those people were crying in joy the day Obama won the presidency because "change had finally come to America", and now there is little doubt that Obama will go down as the worst president in history.
That mindset is the reason why the recession happened.
Other than it means either; 'PC Pro systems' if dominant, as you infer are sub $1000 by enlarge (that'll be a really hot PC
Well if you think about how often pro people buy computer compared to how many consumer computers are sold youll see what Im getting at.
Thank god you don't run the company. You have got to be freaking kidding me. Yeah lets have the government regulate PRIVATE BUSINESS!!!!!!!! You are out of your freaking mind sir!
Don't be so upset! Both the iPhone's and the MacBook's quality improved greatly in recent years!