this post was submitted on 12 Jan 2024
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Apple CEO Tim Cook's total pay drops to $63 million for 2023.::Apple today published its annual proxy statement for investors, revealing a number of details about executive compensation, shareholder proposals, and more. Notably,...

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[–] Poayjay@lemmy.world 101 points 2 years ago (21 children)

If you figure each engineer costs apple $250,000 a year, that’s the equivalent of 250 engineers. Could you imagine what apple could accomplish with 5 extra engineering departments? In what world is this one guy worth that much?

[–] vexikron@lemmy.zip 33 points 2 years ago* (last edited 2 years ago)

Our world!

You know, the Clown World timeline!

[–] rottingleaf@lemmy.zip 9 points 2 years ago* (last edited 2 years ago)

If we use our own criteria to evaluate Apple's success (and wage distribution), then it makes no sense from its very beginning. Just like with any company. EDIT: not started by us

[–] lung@lemmy.world 1 points 2 years ago

I'm pretty sure that you could use one of those departments to fully automate management. Just go full data-driven and tie salaries to revenue. The engineers can take it from there, they're plenty smart

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[–] Ghyste@sh.itjust.works 46 points 2 years ago (1 children)

Poor bastard. It's going to be a challenge living on an eight digit salary, making more in half a day than I do in a year...

[–] Metz@lemmy.world 10 points 2 years ago (1 children)

a year? i don't make that much in 10!

i could live a whole long life with what this guy makes in a week.

[–] KairuByte@lemmy.dbzer0.com 15 points 2 years ago (1 children)

You make less than 9k a year? Are you a teenager, or living in a low cost country?

[–] Metz@lemmy.world 12 points 2 years ago (2 children)

I tend to exaggerate, but my actual income is just under €12,000 a year. Adult german but can't work full time for health reasons. But even with a average income here you would rarely go over 25.000€, which is still a joke in comparison what this guy makes.

[–] Noedel@lemmy.world 7 points 2 years ago (1 children)

The average annual wage in Germany is 45k

[–] Metz@lemmy.world 10 points 2 years ago* (last edited 2 years ago) (1 children)

thats gross salary. i mean net salary.

[–] Noedel@lemmy.world 2 points 2 years ago (1 children)

Holy shit you guys pay a lot of taxes.

[–] Metz@lemmy.world 10 points 2 years ago (2 children)

yeah, but to be fair, we get a lot of free shit for it.

[–] CallumWells@lemmy.ml 3 points 2 years ago

* already paid for shit

[–] Noedel@lemmy.world 1 points 2 years ago

True. I grew up in the Netherlands where things are similar but now live in New Zealand. The highest tax bracket in NZ is the lowest tax bracket in the Netherlands.

It will be very difficult for me to go back and pay huge taxes again, knowing that despite the taxes healthcare isn't free there and corporations getting so many tax incentives. it feels like the burden is unfairly placed on individuals.

[–] Kraven_the_Hunter@lemmy.dbzer0.com 44 points 2 years ago (1 children)

That poor, poor man. My heart goes out to him.

[–] XEAL@lemm.ee 3 points 2 years ago

He's about to quit Netflix and avocado toasts SMH

[–] hdnsmbt@lemmy.world 41 points 2 years ago (1 children)

Poor guy. Better start a gofundme right now.

[–] maxprime@lemmy.ml 6 points 2 years ago (1 children)

You could buy an Apple branded polishing cloth. Pretty much the same as a donation.

[–] hdnsmbt@lemmy.world 4 points 2 years ago

I would but I'm afraid my android phone is not on the list of compatible devices 😞

[–] DampSquid@feddit.uk 20 points 2 years ago (1 children)

I bet he still tastes great with some BBQ sauce on. Eat that fat cunt.

[–] ogginger43@infosec.pub 2 points 2 years ago

Would it even be cannibalism? I'm pretty sure all the billionaires are some form of reptiles.

[–] Mojojojo1993@lemmy.world 16 points 2 years ago

Better cut down on the avos then

[–] cabron_offsets@lemmy.world 16 points 2 years ago

Is Tim Apple going to be okay?

[–] paddirn@lemmy.world 12 points 2 years ago

Pffft, look at this loser over here, only making $63 million. Maybe he'll have to start cutting back on the avocado toast to make ends meet now.

[–] rickdg@lemmy.world 11 points 2 years ago

That's why we don't see him wearing a vision pro. The poor guy can't afford it.

[–] AgentGrimstone@lemmy.world 10 points 2 years ago

Someone make him a gofundme

[–] RedEyeFlightControl@lemmy.world 8 points 2 years ago
[–] rottingleaf@lemmy.zip 6 points 2 years ago

He's almost too poor for having a private army now.

[–] RedditWanderer@lemmy.world 6 points 2 years ago

Thots and preggers

[–] CrimeDad@lemmy.crimedad.work 4 points 2 years ago
[–] _number8_@lemmy.world 4 points 2 years ago

waaay less of a drop than apple's prestige and UX quality since jobs

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