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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

#151

Post by esalman »

evan_ wrote: post #117
taeric wrote: post #104

Earlier quoted context omitted.

Imagine how so many Sony and then Microsoft fans feel. Either the Playstation or XBox could have been a wonderful device to centralize around in a home. Yet they constantly bungled it from generation to generation. Sony was promising when they had PS2 compatible with PS1. The problem was they each always try to just extend their corporate wall around your home. Rather than giving an inviting place to encourage innova…

Great point- and if I'm not mistaken there was voice recognition available on the XBox 360 and the PS3 through their add-on camera kits, which meant only some relatively small portion of installs had it. Then they both did the exact same thing in the following gen. The XBox has Cortana, I think, but does the PS4 have a "smart assistant"?

Cortana requires a mic attached to Xbox or the controller. But I never use one. It would be nice to have a mic built into Xbox, which would act like Alexa or Google home.

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

#152

Post by zackkrida »

karyon wrote: post #138
ChuckMcM wrote: post #90

Like others I don't shed a lot of tears when an exec makes only 89% of their multi-million dollar target bonus :-) I asked an exec at Oracle once about how it was even motivating. For much of my career I've had some sort of bonus associated with my salary, at Sun, NetApp, Google all had bonus programs (with different tweaks). And for an engineer it could be a huge thing. At Google with all the multipliers in place yo…

This sounds a bit like "my income is normal, and everyone above that is rich"-thinking that a lot of people have.(if there's a word for that i'd appreciate any hints :) ) i'd definitely consider engineers at google to be rich and don't see how another 200k makes that much of a difference. you think these execs are rich and don't see how another million makes a difference. and the execs consider billionaires to be ric…

This would be true except that there are fixed costs of living. Say Tim Cook was making three million less -- is he going to have to make lifestyle changes to spend 3 million less a year? No way.

A person making 60k a year losing 15% of their income? There's likely to be significant lifestyle changes.

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

#153

Post by user5994461 »

qyv wrote: post #122
mtw wrote: post #119

Earlier quoted context omitted.

Unified vision was nice. What interested me first in the Apple ecosystem was its use by high-end pros. Photographers, creatives, filmmakers. Then they announced MacOS X, built upon NeXT/BSD, and the mac pro products. Now Microsoft has dedicated products for high-end creatives (Surface studio won't sell but still shows interest in pros), Linux Bash shell in windows 10. Meanwhile Apple wants pros to use a 9" tablet ins…

If 2017 turns out to be the year the VR starts to hit the main stream, which it could be, it will be interesting to see what Apple's response will be.

What's hitting the market? Didn't hear anything.

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

#154

Post by jaxondu »

mpg33 wrote: post #49
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.

I think Apple considered TouchBar innovative, but it's not a product. I keep having the vision of Tom Cruise in Minority Report, while navigating the screen with his fingers, keep looking down at his keyboard/TouchBar for emojis.

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

#155

Post by kabes »

I think it's time for Apple to open up and be less restrictive about their platform. As the competition is catching up with Apple, I see a lot of people are tempted to buy at least one product (laptop, phone, chromecast, ...) that is not Apple. The problem is that Apple only works great if you go 100% Apple. As soon as you have a couple of non-apple products, your apple products tend to loose a lot of value. You'll likely find you'd rather use Dropbox than iCloud. Rather share with Chromecast than airplay, ...

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

#156

Post by user5994461 »

ChuckMcM wrote: post #90

Like others I don't shed a lot of tears when an exec makes only 89% of their multi-million dollar target bonus :-) I asked an exec at Oracle once about how it was even motivating. For much of my career I've had some sort of bonus associated with my salary, at Sun, NetApp, Google all had bonus programs (with different tweaks). And for an engineer it could be a huge thing. At Google with all the multipliers in place yo…

If you were a competitive person, you'd understand.

Bigger is better. As simple as that.

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

#157

Post by sbuttgereit »

coldtea wrote: post #62
sbuttgereit wrote: post #56

Earlier quoted context omitted.

Your comments aren't unfair nor even incorrect. However, there is something systemically wrong inside of Apple that those with a gift for "hyperbole" might call total disarray. Yes, I would be happy to take their recent results in my own business and wouldn't at all be disappointed. You could also point out that management may well be taking the long view of a post-Jobs Apple and giving Cook room to find that Apple o…

> Your comments aren't unfair nor even incorrect. However, there is something systemically wrong inside of Apple that those with a gift for "hyperbole" might call total disarray. Yes, but then again, those without a gift for prophecy had called Apple's impeding DOOM several times a year since 2001.

Yes. And this is where people that are Apple investors have to try and sort out which side are they on: those that think the doom answer is correct will sell (or short) the stock and those that are on what seems to be your side (yes, I might be wrong) will buy. Over time, those that are right will profit (or at least not lose) and those that are wrong will (should) eat their misguided notions. Anyone else... simply is armchair quarterbacking and frankly, doesn't matter.

I am in the "doesn't matter" category... I'm less interested in Apple (I'm not an investor in Apple, in any sense of the word, nor even a customer) and more interested in how perceptions about a companies are formed and how companies in similar circumstances can have very different conclusions drawn about them. Emotional appeal, brand loyalties, etc. can have some interesting influences in this regard.

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

#158

Post by ChuckMcM »

karyon wrote: post #138
ChuckMcM wrote: post #90

Like others I don't shed a lot of tears when an exec makes only 89% of their multi-million dollar target bonus :-) I asked an exec at Oracle once about how it was even motivating. For much of my career I've had some sort of bonus associated with my salary, at Sun, NetApp, Google all had bonus programs (with different tweaks). And for an engineer it could be a huge thing. At Google with all the multipliers in place yo…

This sounds a bit like "my income is normal, and everyone above that is rich"-thinking that a lot of people have.(if there's a word for that i'd appreciate any hints :) ) i'd definitely consider engineers at google to be rich and don't see how another 200k makes that much of a difference. you think these execs are rich and don't see how another million makes a difference. and the execs consider billionaires to be ric…

This is a good point. Everyone brings an idea of what "rich" means with them to the table.

My experience of being an engineer in the Bay Area, with three kids and a wife, has been that much of my annual salary has been consumed in costs which I felt I "had" to pay (mortgage, power, food, pre-school or school, clothes, saving for the future (401k)). And while I recognize that from an annual salary, property ownership, and actually having savings for retirement that made me "rich", a bit of extra money from bonuses would enable things like replacing an older car, or a family trip to Hawaii. Often times the bulk of any "extra" money would go into things like the savings fund for my kids college tuition.

For me, and my living situation, when I had the option of earning a bonus it would enable something in my life (saving for kids educations, a vacation trip) that would normally be outside of my financial profile. As a result I was motivated to compete for those bonuses. But had all those other things been covered vacationing every year in the Alps in my chalet, private jet service where ever I wanted to go etc. Extra money would have very little motivation for me. That is why I was really curious about how it motivated someone who had a multi-million dollar bonus program.

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

#159

Post by litso »

cust0m wrote: post #141
eridius wrote: post #96

Earlier quoted context omitted.

EDIT: Oops, the adaptor goes the other way. I didn't really think that through. Still, not being able to use your lightning earpods with your Mac isn't a big loss. You can. Your brand new iPhone also came with a tiny little cable that you attach to your lightning headphones and now you can plug them into your Mac. It's really not that hard. More generally, the reasons for ditching the 3.5mm jack on the iPhone aren't…

No I can't, it came with p2 to lightning adapte not the oposite.

the iPhone 7 comes with a lightning to headphone adapter. plug that into the side of your new macbook pro...

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

#160

Post by omouse »

stupidcar wrote: post #37
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…

The company you say is in "total disarray" still made $45.7bn in profit in 2016, and grew its share price by 10%. Those are the facts. Outside of the technology bubble, most people don't know or care about many of the issues you cited, or what "loyal followers" on internet forums think. Major investors, who are the only people who could force Cook out, care about the numbers. And while Apple's revenue declined this y…

You can make profit for a number of years before things go badly; profits are a lagging indicator.
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