Apple CEO Tim Cook 'secretly' signed $275B deal with China in 2016

Post by [deleted] » Thu, Dec 09, 2021, 2:33 AM UTC

hogFeast wrote: post #412

twobitshifter wrote: post #368

Earlier quoted context omitted.

I agree with most of what you wrote, but regarding Tim Cook working for a wage, most of his wealth has in fact come from Apple stock. He just received 5 million shares. His $15M non stock compensation is a lot of money for most but I wouldn’t classify him as being purely out for his own wealth. https://nypost.com/2021/08/26/apples-tim-cook-gets-750m-payo...

The key word there is "received". He didn't buy stock himself, he was given it, he is a wage worker. He is purely out for his own wealth. He is one of the most absurdly overpaid execs in the US. How anyone can become a billionaire as an employee is utterly beyond me. Taking no risk, getting all the reward.

Post by TimTheTinker » Thu, Dec 09, 2021, 2:34 AM UTC

bell-cot wrote: post #31

ohmanjjj wrote: post #11

Earlier quoted context omitted.

Apple paid protection money. Pretty simple, no need to sugar coat it

That I am aware of, "protection money" clearly implies that the payments are to a criminal organization - which is separate from, and unauthorized by, the established state. The MacRumors story seems very clear that Apple and Mr. Cook's deal was with the Chinese government, and the ruling Chinese Communist Party. Do you have information to the contrary? Or is your point merely to voice anger at China, the CCP, Apple,…

Post by [deleted] » Thu, Dec 09, 2021, 2:35 AM UTC

hogFeast wrote: post #412

twobitshifter wrote: post #368

Earlier quoted context omitted.

I agree with most of what you wrote, but regarding Tim Cook working for a wage, most of his wealth has in fact come from Apple stock. He just received 5 million shares. His $15M non stock compensation is a lot of money for most but I wouldn’t classify him as being purely out for his own wealth. https://nypost.com/2021/08/26/apples-tim-cook-gets-750m-payo...

The key word there is "received". He didn't buy stock himself, he was given it, he is a wage worker. He is purely out for his own wealth. He is one of the most absurdly overpaid execs in the US. How anyone can become a billionaire as an employee is utterly beyond me. Taking no risk, getting all the reward.

Post by FpUser » Thu, Dec 09, 2021, 2:40 AM UTC

girvo wrote: post #300

mistrial9 wrote: post #215

Earlier quoted context omitted.

I was at a company that defied the 1980s business embargo in South Africa. They said similar things at the time. The government of South Africa did fall, and most of the world applauded if I recall. The net effect for this business was, that they earned more money by ignoring the embargo, whatever the outcome. There are insulting names in most languages for this kind of behavior, it is not new.

There is no embargo on China (in this context) though. The world has not agreed to not do business with them.

Post by intricatedetail » Thu, Dec 09, 2021, 2:44 AM UTC

ipv6ipv4 wrote: post #50

Daring Fireball [1] has another passage from the article which is illuminating with regards to any promises Apple makes about how it will resist governmental pressure to compromise its products, vis-à-vis Apple's CSAM scanning tool. "Sometime in 2014 or early 2015, China’s State Bureau of Surveying and Mapping told members of the Apple Maps team to make the Diaoyu Islands, the objects of a long-running territorial di…