Post by robeiae on Jan 7, 2017 8:02:59 GMT -5
...folds like a cheap suit?
I mean, I don't want the company to collapse overnight, I don't want people to lose jobs, but I really don't want to see any more Apple stores, I really don't want to here about new iPhone or iWhatever releases. It's over. Apple--for me--isn't the maverick that it was and no longer has anything I need. Granted, I love my classic iPod (you know, the one shaped like a Blackberry that has no wifi capabilities), but other than that...Chromebook, android, Samsung, etc.
What spurred this thread, you ask? Why this: money.cnn.com/2017/01/06/technology/apple-tim-cook-pay-cut/index.html
People who really don't have anything in the way of innovation (no headphone jack? please) are making an awful lot of money holding on to the contrails of Jobs (yes, I meant "contrails"). Maybe it's time for the ride to end.
ETA: goes off to plot short sale strategy for his Apple stock.
I mean, I don't want the company to collapse overnight, I don't want people to lose jobs, but I really don't want to see any more Apple stores, I really don't want to here about new iPhone or iWhatever releases. It's over. Apple--for me--isn't the maverick that it was and no longer has anything I need. Granted, I love my classic iPod (you know, the one shaped like a Blackberry that has no wifi capabilities), but other than that...Chromebook, android, Samsung, etc.
What spurred this thread, you ask? Why this: money.cnn.com/2017/01/06/technology/apple-tim-cook-pay-cut/index.html
While Cook's salary rose to $3 million from $2 million last year, his cash bonus took a hit. Apple awarded Cook and other executives 89.5% of their target, instead of the maximum amount like in recent years.
That meant Cook's cash bonus fell to $5.4 million in 2016, down from $8 million the year before. All told, Cook's total compensation was $8.7 million last year, compared with $10.3 million in 2015...
Last year, Cook completed five years as CEO and nearly 1.3 million of his previously restricted Apple shares vested. The shares were worth about $136 million.
As in previous years, Cook's 2016 pay was below that of his top lieutenants. All five senior executives below him, whose salary is made public, made just under $23 million in 2016. That includes Luca Maestri, Apple's chief financial officer, as well as retail boss Angela Ahrendts.
That meant Cook's cash bonus fell to $5.4 million in 2016, down from $8 million the year before. All told, Cook's total compensation was $8.7 million last year, compared with $10.3 million in 2015...
Last year, Cook completed five years as CEO and nearly 1.3 million of his previously restricted Apple shares vested. The shares were worth about $136 million.
As in previous years, Cook's 2016 pay was below that of his top lieutenants. All five senior executives below him, whose salary is made public, made just under $23 million in 2016. That includes Luca Maestri, Apple's chief financial officer, as well as retail boss Angela Ahrendts.
ETA: goes off to plot short sale strategy for his Apple stock.