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Apple cuts Tim Cook's pay 15% for missing sales goals

money.cnn.com

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Re: Apple cuts Tim Cook's pay 15% for missing sales goals

#41

Post by dyeje »

colept wrote: post #29
rackforms wrote: post #11

How is Tim Cook still CEO of Apple? Forget sales for a moment and just consider the damage Apple's brand is suffering. $300 books, headphone jacks, unreliable cloud services, missed product launches. In may ways Apples becoming the butt of jokes, a symbol of ignorance. Apple's in total disarray right now and the most loyal followers, myself included, are either jumping ship or seriously considering. The mistakes bein…

Tim Cook is to Apple as Melissa Mayer was to Yahoo. An underdog and perceived as a business maverick that cares about the environment and philanthropy. We love them in movies, literature, and politics - because they give us a sense that we can do anything if we rise above. But what we have now is a fragmented ecosystem of Apple Products that no longer "just work" and even worse, fit together like square pegs in a rou…

That Tim Cook / Melissa Mayer comparison doesn't really fly. Tim Cook isn't an 'underdog' at all. He's worked for Apple since 1998. He's risen to CEO by ruthlessly optimizing Apple's supply chain over time and making them into the profit powerhouse they are today.

Re: Apple cuts Tim Cook's pay 15% for missing sales goals

#42

Post by dawnerd »

rackforms wrote: post #11

How is Tim Cook still CEO of Apple? Forget sales for a moment and just consider the damage Apple's brand is suffering. $300 books, headphone jacks, unreliable cloud services, missed product launches. In may ways Apples becoming the butt of jokes, a symbol of ignorance. Apple's in total disarray right now and the most loyal followers, myself included, are either jumping ship or seriously considering. The mistakes bein…

I think Ive is a real driving force behind some of these decisions too. He's always trying to push design over function.

Re: Apple cuts Tim Cook's pay 15% for missing sales goals

#44

Post by robomartin »

rackforms wrote: post #11

How is Tim Cook still CEO of Apple? Forget sales for a moment and just consider the damage Apple's brand is suffering. $300 books, headphone jacks, unreliable cloud services, missed product launches. In may ways Apples becoming the butt of jokes, a symbol of ignorance. Apple's in total disarray right now and the most loyal followers, myself included, are either jumping ship or seriously considering. The mistakes bein…

I am waiting for a Windows phone to make the jump. I still have an iPhone 4S and have exactly zero interest in upgrading.

Re: Apple cuts Tim Cook's pay 15% for missing sales goals

#45

Post by hcoyote »

Retric wrote: post #36
jonknee wrote: post #28

Earlier quoted context omitted.

What point does it make? I am not interested in buying the book, but to me it suggests that Apple highly values design and its design team. I think the book is something Steve Jobs would have loved.

Would have loved, Sure. Would have done, No.

The book took 8 years to make. He died in Oct 2011. He probably knew about it.

Re: Apple cuts Tim Cook's pay 15% for missing sales goals

#46

Post by mark_l_watson »

Apple's share price for the last year is up by about 10%, despite problems with disatisfation over MacBook Pro, no earphone jack, etc. Personally, the only thing I am really disappointed with is slow progress on web services.

I was considering moving on from Apple myself, but decided that I like their hardware and my workflow is good on macOS and iOS (on a iPad Pro). I just bought a MacBook and when my Android phone is 4 years old (soon), I am going to get an iPhone.

Apple products are expensive but I spend so much time with them that the extra cost is worth it. Still, I wish Tim Cook and the board of directors would sit down together and compare Siri with Google Now and Google Assistant.

Re: Apple cuts Tim Cook's pay 15% for missing sales goals

#47

Post by beamatronic »

maxxxxx wrote: post #21
tonyedgecombe wrote: post #16

Earlier quoted context omitted.

I think I read that incentives only really work for mundane repetitive work. For anything intellectual or creative it is neutral or even negative.

My company gives out bonuses in the range of 10%. I really appreciate that but it's not large enough for me to change my work. It probably makes me stay longer with the company. If my bonus was a multiple of my salary I would probably think more about increasing the bonus at any cost.

Especially when they pay it out every 6 months, which is standard practice.

"Eh, I'm unhappy but I might as well stay around just another 6 months to get the next bonus. Then I'm gone."

Re: Apple cuts Tim Cook's pay 15% for missing sales goals

#49

Post by mpg33 »

rackforms wrote: post #11

How is Tim Cook still CEO of Apple? Forget sales for a moment and just consider the damage Apple's brand is suffering. $300 books, headphone jacks, unreliable cloud services, missed product launches. In may ways Apples becoming the butt of jokes, a symbol of ignorance. Apple's in total disarray right now and the most loyal followers, myself included, are either jumping ship or seriously considering. The mistakes bein…

Ports aren't really an issue to me...in a couple of years everything will be USB-C and/or wireless charging/headphones anyway.

Big issue is Apple has no new innovative products. Apple Watch isn't really enough of new product to drive iphone like sales at least not yet and there is nothing else on the horizon.

Re: Apple cuts Tim Cook's pay 15% for missing sales goals

#50

Post by colept »

dyeje wrote: post #41
colept wrote: post #29

Earlier quoted context omitted.

Tim Cook is to Apple as Melissa Mayer was to Yahoo. An underdog and perceived as a business maverick that cares about the environment and philanthropy. We love them in movies, literature, and politics - because they give us a sense that we can do anything if we rise above. But what we have now is a fragmented ecosystem of Apple Products that no longer "just work" and even worse, fit together like square pegs in a rou…

That Tim Cook / Melissa Mayer comparison doesn't really fly. Tim Cook isn't an 'underdog' at all. He's worked for Apple since 1998. He's risen to CEO by ruthlessly optimizing Apple's supply chain over time and making them into the profit powerhouse they are today.

He's an underdog to the public. A minority and perceived as a business maverick that also cares about the environment. You would group Cook with Musk and Mayer long before you would group him with the CEO of Exxon Mobil.

Apple's philanthropic and environmental toting has largely surpassed their hardware innovation under Cook's direction. Yet one has to wonder - if these environmental footprint reductions costed more money than they saved - would Apple risk their profits to save the environment?

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