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Tim Cook's Compensation Was Comparatively Modest Among Highest-Paid CEOs of 2020
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Zuckerberg is doing a good job because Facebook's revenue and profit has increased dramatically in the last 10 years.
The last three years, Facebook's revenue has increased 22%, 27% and 37%.
10 years ago, yearly revenue was under $2 billions. Now it is $95 billions.
I seriously doubt everyone at Apple has the skill set to be CEO at any company let alone Apple so no it’s not pretty sad
Sure start a union and just have the fun of going into an Apple store only to be told that’s not my department. Or you’ll be told sorry on break back in 15. Or you can work your butt off and your co worker just sits there and goes who cares if I work or not I’m still getting paid no matter what so you complain then you are now the bad guy trying to keep your job.
The working poor are bound to have television and smart phones and major appliances. What is it they "need" they don't have?
But really, the hatred for the rich is just envy, spite and a bit of self loathing by the hater.
Become a business owner and hire those people. You could become the next Apple!
I think Tim Cook didnt care much about the money considering his status now.
he worth 1billion, is freaking rich already.
he worth 1billion, is freaking rich already.
Apple makes 11 figures every quarter. I don’t see why Apple has to pass any expense towards their customers. They make more money than almost every other company in the world.
Large or small, that's the way businesses operate with respect to expenses.
The good news is, if you're not happy with how a particular company, such as Apple, conducts its business, there are many other companies out there you can reward with your purchases and currency.
Easy.
Is this another way saying "a monkey could do Tim Cooks' job?" Which has been suggested here before. My take, if it's that easy, there wouldn't be any barrier at all to starting a company and growing it to a few billion dollars. It's possible that Cook is more than a "decision maker".
How many colors for the next iphone?
- Tim Cook 4 or 5 you pick it.
How many believe that is the way business is conducted?
If share price is your only criteria for deciding whether or not a CEO is doing a good job is wrong IMO.
You've described Tim very well..logistics and good at it, but not in the same league as Steve Jobs, Bill and the early Apple crew. However its wrong to ascribe the iPhone or the iPod or the iPod to Tim Cook. He might have distributed them but the patent for the iPhone was there a year before he took over, and the iPod and the iPad were just logical extensions to a phone, with the iPad a hybrid between phone and computer.
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You're not wrong.
My point was that he is an excellent CEO.
Is he a world changer like Jobs or Gates or Bezos? No, but how many companies get multiple world changing CEO's in their lifetimes?
Maybe Chrysler did it with Iococca and Walter Chrysler, but I can't think of any companies with multiple visionaries.
If the requirement is changing the world, Jobs isn't even in the list. I would start with Henry Ford. Then there are Banting and Best, etc. Lots of people changed the world. Jobs popularized a cell phone.
The iPhone was world changing. No iPhone? Forget social media. Forget free GPS at all times. Forget the however-many-billion dollar app industry. Forget the ability to rent out unused, dormant capital, like your car for Uber, or home for Air BnB. Forget the need to carry multiple devices. Even forget your car keys and house keys. It goes on and on.
And it's fair to say RIM and Palm and MSFT were there first. But none of them did what the iPhone did.
I think you've still missed the point of median vs mean for Apple. Apple has over 100000 employees, and most of them are not execs unlike your example where 2/7 are execs. So if we remove 20 execs out of 100k employees, the median wage will move only a few spots down, which will equal only a tiny change in the dollar figure.
as a CEO yes. The growth of Facebook as a business and the value he has provided to shareholders is astounding. That is exactly the job of a CEO.
As a moral human being, no. The policies he uses to achieve that growth are smarmy and gross. I find his methods reprehensible and vile.
They are two completely separate things. Most CEOs make business decisions that are not good societal or environmental decisions, because they are driven by profit or greed or both.