The money for those shares was spent 10 years ago, they were purchased at approx $13 dollars a share. What Tim is benfitting from is the growth in value of that stock. Growth that he oversaw and lead. At no point did this share grant cost Apple or their shareholders $750 million.
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Tim Cook to Receive $750 Million Worth of Apple's Stock This Week
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The money for those shares was spent 10 years ago, they were purchased at approx $13 dollars a share. What Tim is benfitting from is the growth in value of that stock. Growth that he oversaw and lead. At no point did this share grant cost Apple or their shareholders $750 million.
My point is he doesn't decide these things on his own...There are tens of thousands of analysts doing the research and analysis. Also, i still think netflix buyout and tesla buyout were missed opportunities. They did make cheaper iphones which were a success.
Yes, and that is why after 4 years of trying to fix a Pathetic Macbook Pro due to many faults (including a bad keyboard) they decided to fix it. People were NOT buying Macbooks Pros. And Suddenly after they fix it Sales were up dramatically. I wonder why??
We vote with our dollars, still that has nothing to do that a company is Innovative. Apple upgrading cycles have become a joke.
Can you explain what you mean by that ? Are you expecting a complete redesign year after year?
Most of the tech billionaires ahead of him were FOUNDERS of their company and spent years taking risks and living well below that level. They were compensated with stock because there wasn’t much else to be compensated with. And they were often direct innovators with groundbreaking ideas and fantastic marketing skills.
TC is a hireling, and his only risk was that if he didn’t perform well in the transition to CEO, after a few years he would suffer with a golden parachute and a move to another company...
Why?
I get that money doesn’t buy happiness, but it also doesn’t guarantee unhappiness, which a lot of people who don’t have them seem to believe. He strikes me as a person who is much more happy and in balance than say Elon, Bezos, Steve Ballmer and the like. Or Steve Jobs for that matter. So I’m genuinely curious as to whether you are asking because you see something in him that I don’t, or if it’s just a knee-jerk reaction to rich people.
Personally, while not rich, I can tell you that money 100% can buy happiness, to an extent. I can’t buy a new car for fun, but I can take my kids to Disneyland without checking my account first to see if I can afford it. 10 years ago I once passed a toll bridge to go to a customer paying with literally the last money I had, knowing that if the customer did not pay cash, I would not be able to get home. It may be that money can’t directly buy happiness, but it sure as hell can help avoid the unhappiness of being broke.
The fact that you believe Lebron James works harder than Tim Cook, and has thus better deserved his payroll, just because he “sweats”, is incredibly laughable. Tim Cook gets up before 4AM every morning.
And one person can absolutely be worth this amount. Due to his leadership, thousands (millions?) of shareholders has earned more money than they would otherwise have. One person CAN make that difference, and often does. Maybe one guy in an Apple store works “just as hard”, but that won’t affect more than a few others’ payroll tops. If you don’t get that distinction, you are probably one of the people “on the ground”, and likely to stay there.
Yes, you can. All you need is to start working for it (and actually be good at something that is worth something), rather than asking for it.
When I look at my coworkers and family, there is a strong correllation: Those that complain that they don’t get enough, that others get more, that always knows better than their boss hiw the company should be run, that focus on which company phone they get rather than whether the work is actually interesting, that don’t want to put in extra effort if they are not directly compensated - they are the ones on minimum/low wage, or are jobless. The ones who don’t care how much they receive, but just focus on doing the best job they can just because it brings them joy and satisfaction to be good at something - they are the ones being promoted to positions that actually has better wages, bonuses, company cars etc. Stop counting pennies, and start working.
Tim Cook has donated tens of millions to charities, and has woved to give away his full fortune before he dies. How much have you donated?
See the post above. Poor people feeling entitled to other people’s money honestly make me sick. And no, working “hard” is NOT the yardstick. Getting results is. You can totally work harder that anyone else without results, that doesn’t mean you will or should get paid for it.
Look, everything is relative. If Tim Cook should not be allowed his high paycheck relative to yours just because it makes you feel that you are worth less, you should not be allowed running water, sanitation and a meal every day, just because it makes hungry kids in Africa worth less. If it makes you feel smaller that someone else is bigger than you, that’s all in your head. You are the same size.
On the backs of Chinese workers earning pennies an hour... yes.
Interestingly, most of the people who earn very high amounts of money aren’t motivated by the money at all. That is just a very nice side effect that you of course do what you can to maximise. This is why they don’t stop working when they have “enough”. There is no endpoint they are trying to reach, they get satisfaction from the journey, not the destination. This is something we can all strive for, regardless of how much we are paid. And most will find ten years later that they are paid more for it.
I would never, ever, take a job for twice the pay if I didn’t like the job, or the company I am representing. And I believe that I have reached a point where I have that luxury, because I have that mindset. People who work only to get paid, will generally end up being paid less.
Dear Mr Cook;
Hi, my name is Michael, I have 3 kids.
Oldest is in college, 2 in high school.
It’s hard to make ends meet, can you spare 100k?
I’ve been a loyal Mac only user since 9/1984
Spent over $35k of my money buying apple products 1984 thru 1999
Kind regards,
Mike R
Ps. A few below
Hi, my name is Michael, I have 3 kids.
Oldest is in college, 2 in high school.
It’s hard to make ends meet, can you spare 100k?
I’ve been a loyal Mac only user since 9/1984
Spent over $35k of my money buying apple products 1984 thru 1999
Kind regards,
Mike R
Ps. A few below
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LOL any criticism makes someone a commie. Have you been defrosted from the US of the 1950ies?
Dear Mr Cook;
Hi, my name is Michael, I have 3 kids.
Oldest is in college, 2 in high school.
It’s hard to make ends meet, can you spare 100k?
I’ve been a loyal Mac only user since 9/1984
Spent over $35k of my money buying apple products 1984 thru 1999
Kind regards,
Mike R
Hello Michael,
Do it like me and invest in stock rather than buying electronics.
Sincerely,
Tim.
Bezos and Branson built rocketships that went into space, but Cook's spaceship sits grounded and empty and HE receives $750 million in stock?! 
Do you also ask the bus driver for a penny, because obviously he could spare one with his wage?Dear Mr Cook;
Hi, my name is Michael, I have 3 kids.
Oldest is in college, 2 in high school.
It’s hard to make ends meet, can you spare 100k?
I’ve been a loyal Mac only user since 9/1984
Spent over $35k of my money buying apple products 1984 thru 1999
Kind regards,
Mike R
Ps. A few below
Ridiculous. The article is about stock compensation, make at least the effort to read what you comment don‘t waste people time. Plus, the company never made as much money as with Cook, and that’s all that matters with companies. They are not sport teams one cheers for, they are corporations. Finally, Jobs and Cook were friends and Jobs picked Cook, so imagine how meaningless and baseless is everything you are saying.
It should not take 4 to 6 years to upgrade computers. In computer 6 years is a joke.
Not to talk about iMac that it took Apple 10 years to change the external design and still you cannot adjust the vertical monitor position and has ugly bevels.
Does he not pay taxes?
And why do you care?
Is watching your gov waste money and **** up everything it touches, over and over, some kind of sport on your planet?