Apple Exec bonuses
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- ernexbcn0
They also gave Tim Cook earlier this year ONE million shares, half to be vested in 2016 and the other half in 2021.
That's 389 million dollars at today's AAPL price.
- the company is worth billions, and it's important to make the C suite partners for so many reasonsmonospaced
- Atkinson0
I don't get why people are so offended by large amounts of money being given to people who have, in most cases, worked really hard to get there. Footballers are payed obscene amounts and they do very little, for a very short period of time - that offends me, but then I hate football.
- +1animatedgif
- lots of people all over the world slave really hard and are starving to death, would be nice to see some charityAncillary
- GeorgesII0
It's about time they release Iloot 2.0,
I don't see nothing wrong with their bonuses, apple made lots of dough
- animatedgif0
"Pretty obcene if you ask me, no matter how well the company is going."
The company is going REALLY FUCKING WELL, makes total sense and is well deserved. What's the alternative?
- the alt is they give it to charity and help people who are starving to deathAncillary
- clearThoughts0
those guys slaved like shit for Apple, they deserve it. On the other hand it would be nice to see a bit of change on their production facilities in China... but guess then you would also expect Samsung and the rest of them to do that too...
- I doubt they 'slaved like shit'calculator
- Define deserve?bainbridge
- goldieboy0
Yup, that's the thing, they're only worth market value. Plus, take in to account taxes/fees and the fact they're tied in to the business for X,Y, Z amount of years. Still, they'll be laughing all the way!
Now this gets me: £500 million bonuses for RBS Bank exec's despite the fact that UK tax payers bailed them out!!! WTF?!- bingomonospaced
- bailout has nothing to do with integrity or honor of an individual, let alone a corporation. Might as well have burned that pile of cash.d_rek
- burned that pile of cashd_rek
- I don't get your point d_rek?goldieboy
- Then you don't understand the bailoutd_rek
- I understand what happened during the RBS bailoutgoldieboy
- worse than that - the division made no money... but still they get huge bonuses...hans_glib
- necromation0
Good for them... I bet if you was looking at a 60m bonus your mouth would be as tight as a virgin ass.
- monospaced0
thing is, if the stock price drops, so does the bonus
- they have 2-5 years to even pull profits from itmonospaced
- Morning_star0
Why is this obscene?
It would be obscene if your company had performed poorley with very dubious practices and contributed to a global financial collapse.- like missing on revenue and headed for another miss? with a phone that eats batteries and dosen't do outbound voice?monNom
- BusterBoy
Was just reading on CNET Apple Inc was giving $60m in bonuses to it's senior execs. I assumed it was to be split among them...but turns out they are each due to receive 150,000 shares with half of them vested in 2013 and the other half in 2016.
Based on today's share price, that is $60m EACH. Have I miscalculated something? Pretty obcene if you ask me, no matter how well the company is going.