You sound like an market expert. How about taking profit only if company is doing well? That is is called shares. You may research some trading aspects before stating opinions. Finance - my daily work.
Flying commercial is much safer than using a corporate jet. Do they take that into account?
And that $93,000 figure is probably per hour of flying, not a total for the whole year.
CEO’s are regularly under personal risk of being kidnapped, subject to violence and terrorist attacks, and so forth. People generally don’t talk about it, but companies like Apple and CEO’s like Cook receive numerous threats.
This is just a matter of personal safety. And par for the course. Most Fortune 500 CEOs get this perk. Nothing much to see here.
As for the private air travel and personal security just take a look at some of the posts in these forums. There’s raging hatred of the rich being stirred up by the left wing media, the European socialists who post here, and the Democratic party. Class warfare is being promoted as the solution. Kill the rich and eat their children. There’s tremendous Apple hatred from the right wing too because of Apple’s stance on social issues.
Yes there are idiots on these forums spewing aggressive animosity toward Cook, mostly on the libertarian front, where junior capitalists talk like Tim Cook is wasting time and money not being 100% purely focused on capitalistic theory at every second of every day. I've not seen even these people make actual threats of violence (which is not only against the terms of this site but also not protected speech). But if you're seeing it elsewhere, well welcome to the internet where anonymity unleashes the worst of human behavior. Such people are not indicative of anything other than their own individual stupidity. Don't mistake them for any actual "movement". The actual movements to worry about are the nazis parading through towns trying to inspire hate and fear, and even those people aren't a majority (the bigger problem with them is the conservatives who refuse to step up against them, which is terribly unpatriotic, since the USA literally fought a war against nazis and their ideals).
Yes, there are people being hostile to corporatism, but that doesn't automatically make them "European socialists". Being opposed to corruption and corporatism actually makes people more likely to be patriotic, since corporatism is destroying the way of life that, for example the USA, supposedly stands for.
Calling out the democrat party in the same breath as "European socialists" just shows that it is you who's been getting hyperbolized media. The democrat party isn't remotely extreme left. It's not remotely anti-rich or anti-corporate. The democrat party leadership is fully embedded in the corporatism wrecking our economies (globally) and they are outright protective of them (why do you think the democrat party avoided Sanders so blatantly?). The democrat party might be mildly socially progressive, in comparison to the republican party, but that's mostly where the differences end. The duopoly parties both seek a type of control that borders on fascism, because it's really government for the corporations, by the corporations.
Your claim that the left-wing media is "stirring up hatred of the rich..." comes from the right wing media stirring up hate for anything that challenges it. Mainstream (and even independent media of any worth) with a liberal bias isn't spewing hate and division. Watch it sometime. If all you see is hate and division, maybe you're extremely insecure in regard to facts and reality. The tactic of extreme hyperbole and divisive commentary is almost entirely owned by the right's talking heads. If you only watch/listen to those people, you're going to have a hard time getting any sense of reality from their extreme presentations.
1. To be honest, left wing “news” source do stir hatreted for the rich. Starting with repeating the same lie about 1% not paying taxes at all, which is an absolute and utter bullshit. In fact, the opposite is true, because it is the top earners that pay the majority of american income taxes.. while the bottom 50 almost pay no income tax at all. So, why lying, if not for the hate and ratings?
2. What corruption are you talking about when mentioning corporate america? Should it be prerogative of owners of those corps to decide what to do, or not to do with it?
3. Today's dem party is socialist alright. Obama, by far, is a socialist and Obamacare probably the single most socialist piece of legislature signed into law under his watch. So, claiming they look just a tad socialist is just A BIT dishonest, wouldn't you think?
4. I had a hard time when I was watched and believing left wing fakenews orgs, which are corporations for profit, btw. Good thing I finally stopped being so stupid.
There’s a big difference between Musk and Cook. Cook can actually ship products. You may call Elon Musk a visionary but as a businessman he sucks. Tesla is losing money hand over fist. Musk promises the Moon (and Mars) but it’s only talk. How long has he been promising the yet to be delivered Model 3? Now he’s promising a pickup truck and an over the road tractor. He talks a good line but can’t deliver the goods. He wants to go to Mars but can’t get an astronaut off the ground yet. Everything with Musk is always years out. It’s coming... it’s coming. Oh, and what about the Home Battery he’s been promising for years?
That's pretty much why Apple fired Jobs... He couldn't deliver...
We get into debates over a whether a visionary is better or a performer. Tim is humble enough to know he's not a visionary. Like Dirty Harry advised: "A man's gotta know his limitations". So Tim empowers and enables those who are visionaries... ... And, in the meanwhile, he gets the greatest product out the door at the least possible cost - and Apple becomes the most valuable company in the world.
The Alpha dog is not the biggest, meanest, fastest. It's the one that meets the needs of the pack.
As for the private air travel and personal security just take a look at some of the posts in these forums. There’s raging hatred of the rich being stirred up by the left wing media, the European socialists who post here, and the Democratic party. Class warfare is being promoted as the solution. Kill the rich and eat their children. There’s tremendous Apple hatred from the right wing too because of Apple’s stance on social issues. Lately the Drudge Report has been zeroing in on articles that put Apple in a negative light so it wouldn’t surprise me if some nut job from the left or right decided to try and get Cook. He’s rich, he’s gay, he’s an activist, the perfect target for some enraged zealot.
Yeh, you're right. Those billionaires need a tax break. Oh wait! You just gave them one.
Elon Musk definitely has a style of leadership similar to Steve Jobs; and also something Tim Cook falls short at; and also leaves many things desired.
Secondly, I don't think people truly realized the impact Wozniak had on Apple; Jobs and Wozniak remained friends following all the terrible things that persuaded Wozniak to leave.
Believing Musk could run Apple better than Cook shows that you have no idea what you're talking about. Even with Jobs as CEO Apple couldn't have gotten to where it was without Cook.
But Cook's value and expertise isn't in leadership. Without Jobs as part of that team, Cook has turned Apple into a Wall Street addict, under control of primary stock holders.
LOL... Tim doesn't own Apple. Those stockholders do. And Tim works for them. He either does what they say -- or he doesn't work.
For security reasons alone it’s a no brainer. But even if
that wasn’t a factor, as an Apple (and AAPL) fan, I wouldn’t want Tim wasting
time and energy going through commercial airlines, whether it’s business or
personal travel. His time is way too valuable, and he’s doing way too good of a
job for Apple to waste any of his time or add any unnecessary stress to his
life.
To me there’s no question Tim has been doing an outstanding job
as CEO. I can’t imagine anyone else that would be as steadfast and dedicated in
devoting themselves to Apple, or so adamant at maintaining Apple’s unique ethos
and high level of integrity. Not to mention Apple’s tremendous success under
his leadership.
And needless to say, comparing Tim to Musk is ridiculous on
so many levels.
As for the private air travel and personal security just take a look at some of the posts in these forums. There’s raging hatred of the rich being stirred up by the left wing media, the European socialists who post here, and the Democratic party. Class warfare is being promoted as the solution. Kill the rich and eat their children. There’s tremendous Apple hatred from the right wing too because of Apple’s stance on social issues.
Yes there are idiots on these forums spewing aggressive animosity toward Cook, mostly on the libertarian front, where junior capitalists talk like Tim Cook is wasting time and money not being 100% purely focused on capitalistic theory at every second of every day. I've not seen even these people make actual threats of violence (which is not only against the terms of this site but also not protected speech). But if you're seeing it elsewhere, well welcome to the internet where anonymity unleashes the worst of human behavior. Such people are not indicative of anything other than their own individual stupidity. Don't mistake them for any actual "movement". The actual movements to worry about are the nazis parading through towns trying to inspire hate and fear, and even those people aren't a majority (the bigger problem with them is the conservatives who refuse to step up against them, which is terribly unpatriotic, since the USA literally fought a war against nazis and their ideals).
Yes, there are people being hostile to corporatism, but that doesn't automatically make them "European socialists". Being opposed to corruption and corporatism actually makes people more likely to be patriotic, since corporatism is destroying the way of life that, for example the USA, supposedly stands for.
Calling out the democrat party in the same breath as "European socialists" just shows that it is you who's been getting hyperbolized media. The democrat party isn't remotely extreme left. It's not remotely anti-rich or anti-corporate. The democrat party leadership is fully embedded in the corporatism wrecking our economies (globally) and they are outright protective of them (why do you think the democrat party avoided Sanders so blatantly?). The democrat party might be mildly socially progressive, in comparison to the republican party, but that's mostly where the differences end. The duopoly parties both seek a type of control that borders on fascism, because it's really government for the corporations, by the corporations.
Your claim that the left-wing media is "stirring up hatred of the rich..." comes from the right wing media stirring up hate for anything that challenges it. Mainstream (and even independent media of any worth) with a liberal bias isn't spewing hate and division. Watch it sometime. If all you see is hate and division, maybe you're extremely insecure in regard to facts and reality. The tactic of extreme hyperbole and divisive commentary is almost entirely owned by the right's talking heads. If you only watch/listen to those people, you're going to have a hard time getting any sense of reality from their extreme presentations.
Interesting points, but I think you're mistaking the culture with reality. The democrat party espouses leftist thinking fairly regularly, which is backed up by a highly reactive and very liberal leftist media. All this, while at the same time (as you point out) hypocritically perpetuating the money and special interest driven politics that cuts out the influence of the middle and lower classes that they so self-righteously champion. Part of the demagoguery of the democrats, as well as the leftist bias of the media, is blowing up any issue that relates to race or class division, while ignoring the overwhelmingly positive race relations we have as a whole (this disparity and imbalance seems to be very counterproductive and only dividing us further, all for the sake of superficial identity politics). Also, because of left bias and political correctness, we can't address some very real problems with our current way of dealing with so many important issues. For example, the media will throw a collective fit even with a mild cut to the planned increases in government services (a tiny sliver of the actual total), yet the media won't acknowledge the fact that we have an absurdly-high 20% of the US population receiving welfare of some sort (this does NOT include the 70 million who receive medicaid). This issue is even more apparent in California, the 5th-6th largest economy in the world, which holds 12% of the total US population, and within that 12% are 34% of the entire US population that receives welfare. That is not a problem of poverty, or disability, or people down on their luck, it's clearly a cultural and policy problem. But we can't talk about it, because the predominantly leftist media dominates the discussion.
I think Tim Cook is performing adequately and I favor Apple keeping him as CEO for the foreseeable future.
I don't know the details of exactly how his compensation works, but I hope that it's smart enough that he isn't rewarded for a general rise in the stock market. Similarly, he shouldn't be punished for a decline in Apple stock that is related to an overall decline in the stock market.
Ideally, they would be trying to calculate Tim Cook's value added, and rewarding him for that. How is Apple performing relative to a relevant benchmark? I think that's the key.
Looks like we've gone a long way from the days when Steve Jobs worked for $1.00 per year salary.
He worked for stock. Company performs well, stock rises, exec gets big payday. That’s not that different from what happened with Cook here. Looks like we got another person who hates Capitalism but has no idea what it is.
Elon Musk definitely has a style of leadership similar to Steve Jobs; and also something Tim Cook falls short at; and also leaves many things desired.
Secondly, I don't think people truly realized the impact Wozniak had on Apple; Jobs and Wozniak remained friends following all the terrible things that persuaded Wozniak to leave.
Believing Musk could run Apple better than Cook shows that you have no idea what you're talking about. Even with Jobs as CEO Apple couldn't have gotten to where it was without Cook.
Cook is a god damn good capitalistic-wallstreet kind of CEO for earning cash to his investors by milking his customers while Elon and Jobs where visionaries. I don't say Jobs didn't know how to milk his customer, but he was way different then Cook.
Yeah? So Jobs did what, gave away free USB cables? Got any links to show this? Because I recall the so-called "Apple tax" flourished under Jobs. So what in the hell are you talking about?
Looks like we've gone a long way from the days when Steve Jobs worked for $1.00 per year salary.
He worked for stock. Company performs well, stock rises, exec gets big payday. That’s not that different from what happened with Cook here. Looks like we got another person who hates Capitalism but has no idea what it is.
Why is it that pretty much nobody believes Steve worked for the love of HIS company. The $1.00/Hr was his statement to that effect. The stock came later, and he was right. He had started the company and then he, at great sacrifice, came back to save it. He rightfully deserved some of the rewards, so he asked for stock. The jet was just a minor token of gratitude from the company he saved.
I think TIm has that same loyalty to Apple and what it stands for. That is why he too is the lowest paid executive. Doing the right thing is more important to him than a few extra million.
Capitalism is getting a bad name from those who think it is ONLY about profit. The truly great companies derive their great profit from great products. And, they may be competitive, but they aren't greedy -- because greed interferes with making a great product.
Elon Musk definitely has a style of leadership similar to Steve Jobs; and also something Tim Cook falls short at; and also leaves many things desired.
Secondly, I don't think people truly realized the impact Wozniak had on Apple; Jobs and Wozniak remained friends following all the terrible things that persuaded Wozniak to leave.
Believing Musk could run Apple better than Cook shows that you have no idea what you're talking about. Even with Jobs as CEO Apple couldn't have gotten to where it was without Cook.
Indeed! Elon Musk might be almost as charismatic as Jobs was, but Tesla is still working at a loss while Cook’s Apple is hugely profitable. Which is what counts in the end when it comes to a business.
Since 2000 there have been five times more fatal accidents in the U.S. involving private and chartered corporate planes than airliners. So much for safety...
Elon Musk definitely has a style of leadership similar to Steve Jobs; and also something Tim Cook falls short at; and also leaves many things desired.
Secondly, I don't think people truly realized the impact Wozniak had on Apple; Jobs and Wozniak remained friends following all the terrible things that persuaded Wozniak to leave.
Believing Musk could run Apple better than Cook shows that you have no idea what you're talking about. Even with Jobs as CEO Apple couldn't have gotten to where it was without Cook.
Indeed! Elon Musk might be almost as charismatic as Jobs was, but Tesla is still working at a loss while Cook’s Apple is hugely profitable. Which is what counts in the end when it comes to a business.
You suggest that profit is [the only thing] that counts? No, like grades in school, profit is only the measurement stick used to judge degree of success.
But, in our post-industrial America profit has taken on an exaggerated importance as organizations are increasingly taken over and managed by financial/private equity type owners who have no interest in the business and its product and are primarily interested in extracting profit from it.
Steve knew that profit derived from the product -- not the other way around -- and built the foundation of the world's biggest company.
Actually, to be fair, Steve had to learn that it is a symbiotic relationship: -- Product cannot exist without profit -- Profit cannot exist without product ... They feed each other.
Elon Musk definitely has a style of leadership similar to Steve Jobs; and also something Tim Cook falls short at; and also leaves many things desired.
Secondly, I don't think people truly realized the impact Wozniak had on Apple; Jobs and Wozniak remained friends following all the terrible things that persuaded Wozniak to leave.
Believing Musk could run Apple better than Cook shows that you have no idea what you're talking about. Even with Jobs as CEO Apple couldn't have gotten to where it was without Cook.
Cook is a god damn good capitalistic-wallstreet kind of CEO for earning cash to his investors by milking his customers while Elon and Jobs where visionaries. I don't say Jobs didn't know how to milk his customer, but he was way different then Cook.
I don't think the bolded statement is FAIR. Customers who like Apple products are not forced to buy them. They are voting with their wallets.
Comments
2. What corruption are you talking about when mentioning corporate america? Should it be prerogative of owners of those corps to decide what to do, or not to do with it?
3. Today's dem party is socialist alright. Obama, by far, is a socialist and Obamacare probably the single most socialist piece of legislature signed into law under his watch. So, claiming they look just a tad socialist is just A BIT dishonest, wouldn't you think?
4. I had a hard time when I was watched and believing left wing fakenews orgs, which are corporations for profit, btw. Good thing I finally stopped being so stupid.
We get into debates over a whether a visionary is better or a performer.
Tim is humble enough to know he's not a visionary. Like Dirty Harry advised: "A man's gotta know his limitations". So Tim empowers and enables those who are visionaries...
... And, in the meanwhile, he gets the greatest product out the door at the least possible cost - and Apple becomes the most valuable company in the world.
The Alpha dog is not the biggest, meanest, fastest. It's the one that meets the needs of the pack.
For security reasons alone it’s a no brainer. But even if that wasn’t a factor, as an Apple (and AAPL) fan, I wouldn’t want Tim wasting time and energy going through commercial airlines, whether it’s business or personal travel. His time is way too valuable, and he’s doing way too good of a job for Apple to waste any of his time or add any unnecessary stress to his life.
To me there’s no question Tim has been doing an outstanding job as CEO. I can’t imagine anyone else that would be as steadfast and dedicated in devoting themselves to Apple, or so adamant at maintaining Apple’s unique ethos and high level of integrity. Not to mention Apple’s tremendous success under his leadership.
And needless to say, comparing Tim to Musk is ridiculous on so many levels.
You anti-fans really are a bizarre lot.
Oh, you mean his previous role as basically being the acting CEO while Jobs served as head product manager? That role?
You armchair executives are completely clueless about what a CEO actually does, and why Cook does it better than Jobs did.
Yeah? So Jobs did what, gave away free USB cables? Got any links to show this? Because I recall the so-called "Apple tax" flourished under Jobs. So what in the hell are you talking about?
I think TIm has that same loyalty to Apple and what it stands for. That is why he too is the lowest paid executive. Doing the right thing is more important to him than a few extra million.
Capitalism is getting a bad name from those who think it is ONLY about profit. The truly great companies derive their great profit from great products. And, they may be competitive, but they aren't greedy -- because greed interferes with making a great product.
No, like grades in school, profit is only the measurement stick used to judge degree of success.
But, in our post-industrial America profit has taken on an exaggerated importance as organizations are increasingly taken over and managed by financial/private equity type owners who have no interest in the business and its product and are primarily interested in extracting profit from it.
Steve knew that profit derived from the product -- not the other way around -- and built the foundation of the world's biggest company.
Actually, to be fair, Steve had to learn that it is a symbiotic relationship:
-- Product cannot exist without profit
-- Profit cannot exist without product
... They feed each other.