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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

#331

Post by rictic »

ChuckMcM wrote: post #158
karyon wrote: post #138

Earlier quoted context omitted.

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,…

Observations:

  1. Wealth is exponentially distributed.
  2. People tend to socialize with people in their rough income range.
  3. Expenses tend to grow to fill any budget.
  4. US society isn't very good at saving money, so most 
     people's budget for spending is their entire income.
Corollaries:

  1. People tend to know a few people who make >10x what they do, 
     a few people who make 10x their income to be affordable.

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

#332

Post by mehrdada »

hyperion2010 wrote: post #213

I have to say, I stopped by a university computer store today and they had the three new mac book pros on display. When I went to test out the keyboard I was horrified. How does anyone think that having sub millimetre key-action is acceptable? The things barely move! Same with the touchpads. Maybe I'm biased coming from thinkpad keyboads, but even compared to the previous generation of mac keyboards (which I have enc…

> does anyone actually like the new mac keyboards?

Yes.

I have being using three 2016 MacBook Pros regularly so far (two 15" and one 13") and I absolutely prefer the new keyboard on two of them to the old ones. The keys are more stable and feel better in my opinion. That said, the larger keys (esp. Space Bar and Left Shift) on one of the 15" MacBooks are a bit less "clicky" and that is an absolute pain in the ass to use. I am thinking perhaps the new keyboards vary more or at least a slight imperfection in the build of a specific machine can make user feeling much worse. I also believe that the first gen butterfly keyboard (on 12" MacBook) feels much worse than the newer one on the MacBook Pros.

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

#333

Post by ProAm »

tybit wrote: post #301
ProAm wrote: post #135

Earlier quoted context omitted.

> The company you say is in "total disarray" still made $45.7bn in profit in 2016, and grew its share price by 10%. Microsoft was very profitable with Ballmer at the helm, but it can be argued he put the company in a very bad position that took them significant effort to fix and right the ship.

Very profitable? Their stock flatlined for a decade while it's peers sky rocketed.

The stock was flat but they were very profitable. Look here: "Microsoft was very profitable during Steve Ballmer's tenure. As you can see from the chart, revenue doubled and net income doubled as well. Nearly $19 Billion in net income from $62 Billion in revenue is nothing to sneeze at, and that kind of growth is not easy for a company that large." [1]

[1] https://www.quora.com/Did-microsoft-make-a-profit-under-stev...

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

#334

Post by femto113 »

saurik wrote: post #271
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…

The issue is not that he is making 15% less salary, the issue is that we all know that he was punished: that must feel devastating. That the punishment may or may not be something you consider harsh or not doesn't matter: the real punishment is that CNN just wrote an article about how Apple is having issues and important people are blaming Tim Cook, and reducing a CEO's salary at a publicly traded company is a "force…

This article and its headline are misleading. No one is being "punished" and no one's pay is being "cut". All that happened is that 2015 was a blowout year and 2016 was (by comparison) not, so the exec team got a lower percentage of their target bonuses. From the actual filing

   2016 net sales and operating income were
   96.4% and 99.5% of the respective target
   goals set by the Compensation Committee.
   This performance resulted in a combined
   payout at 89.5% of target for each named
   executive officer ... the 2016 payouts to
   our named executive officers were significantly
   less than the annual cash incentive payouts for
   2015, reflecting strong pay-for-performance alignment.
   The Compensation Committee determined that no downward
   adjustments to the payouts would be made, based on
   Apple’s 2016 performance and the individual
   contributions of our named executive officers.

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

#335

Post by heroprotagonist »

mcpherrinm wrote: post #321
heroprotagonist wrote: post #320

Earlier quoted context omitted.

> Linux Bash shell in windows 10 Despite their "this is all about the developer" statements, making Windows Subsystem for Linux unable to co-exist with VMware and other virtualization tools was a deal-breaker for me.

Can you expand on this? Are you saying I can't run VMware while Windows Subsystem for Linux is running? I wasn't aware of such a limitation (because I don't use vmware etc.), but would like to know more.

Actually, I might be wrong. I thought it required Hyper-V, since it ran an Ubuntu under the covers, and that assumption might incorrect.

Specifically, it's enabling Hyper-V which makes Windows incompatible with VMware. The incompatibility results in more issues than just those with the bash shell. The big one for me is Docker for Windows:

https://forums.docker.com/t/docker-for-windows-w-vmware-inst...

I think I will just try it out and revert back if there's an issue, since I can't find clear documentation about it being incompatible. So I assume I'm wrong.

I can let you know if you like.

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

#336

Post by threeseed »

chrisabrams wrote: post #88
rblatz wrote: post #68

People are all up in arms about headphone jacks, USB-C, and dongles. When the real issue is Apple completely missing huge new markets. Apple had Siri out and was in the lead with voice control, then they wasted it. I never use Siri, she is nearly worthless, but I do use Alexa multiple times a day. Amazon is Leading the voice assistant market, and Google is right on their heels. Home automation was supposed to get bet…

Steve and the unified vision is gone. While on winter holidays my fiance pointed out to me: - She just got a new Macbook Pro from her new job, which has only USB C ports - She just got a new iPhone 7 from her new job, which is only a Lightning port She cannot connect her phone to her computer to charge without a dongle. EDIT: a Lightning to USB C cable does exist now. That is still equivalent to a dongle in my opinio…

If a Lightning to USB-C cable (which has existed for a while now) is a dongle then what is the USB-A equivalent ? How do you think people have been charging their iPhones to date ? And you realise you still need a "dongle" if Apple used USB-C on the iPhone ?

And why does your girlfriend need two sets of headphones when there is an included 3.5mm adapter with the iPhone ?

So many questions. Because literally nothing you wrote seems to make much sense.

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

#337

Post by banach2 »

jrnichols wrote: post #318
banach2 wrote: post #298

Earlier quoted context omitted.

I know this isn't what you meant by car, but I want to take this opportunity to mention that my least favourite thing about my car is the Apple software which runs on it; Apple CarPlay. I live in London. Apple maps is a disaster. Businesses which have moved shop years ago are in the wrong place. Traffic routes which are congested every day are recommended. It's literally a waste of my life to use this software. Despi…

> Apple maps is a disaster. Businesses which have moved shop years ago are in the wrong place. Are people submitting corrections? It's amazing how quickly they respond here in the US, at least where I am. I submit corrections and usually see a notification within a week that it's been addressed.

I haven't tried, but I'm sure they would be quick to address a correction. Unfortunately I don't think the typical car buyer should be smacked with the choice between poor data and the opportunity of volunteering for the upkeep of a product they paid for. Personally I don't think it reflects well on the company. Traffic problem still remains.

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

#338

Post by r00fus »

ashark wrote: post #110
coldtea wrote: post #83

Earlier quoted context omitted.

> Everything new maybe, but old audio gear, monitors/tvs/keyboards/drives, et c stick around a hell of a long time. That's not much of an issue to the kind of customers that can afford a new expensive Apple laptop.

Am I to understand that most people in the market for a $1700 laptop are also going to be OK with replacing $3-10k of perfectly good other equipment at or around the same time?

Are you telling me that dongles aren't adequate? You must have native connectors? Then by all means replace that $3-10k worth of equipment.

That's what the forward march of progressing standards is about - you upgrade some, with adapters for legacy interfaces.

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

#339

Post by r00fus »

27182818284 wrote: post #26
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 have thought about Tim Cook being fired / stepping down as well. Myself and other close friends and family are all pulling away from Apple at the current moment. As I've mentioned on HN before, after the last MacBook launch I saw self-described Apple fan-boys loudly complaining about Apple's current path. The function bar is absolutely useless for me and I think the machine itself is only 20% better than my 2012 mo…

Anecdote fight - my extended family are moving towards Apple products - mostly to interact with other family members.

I have several inlaws who Macs aren't growing, but iCloud/iMessage (mainly through iOS) is entrenched and extending.

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

#340

Post by redbeard0x0a »

lukifer wrote: post #183
badlucklottery wrote: post #134

Earlier quoted context omitted.

I think the new design/specs were polarizing enough to dissuade many devs (at least in my circle) from even bothering to upgrade. But those who were polarized in the positive direction probably got it and do love it.

I use a 5yo MBP with 16G RAM; the idea of dropping 4 grand on a laptop that will still be capped at 16G 5 years from now is laughable.

This is the single reason why I am waiting for next update. Which should give us the option of 32GB with LDDR4 (or whatever low power memory they are waiting for). This is possible because laptop speed doesn't really increase as much with each revision anymore.
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