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 107 points 1 year ago (22 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 36 points 1 year ago* (last edited 1 year ago)

Our world!

You know, the Clown World timeline!

[–] rottingleaf@lemmy.zip 10 points 1 year ago* (last edited 1 year 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 1 year 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 50 points 1 year 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 1 year 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 16 points 1 year 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 1 year 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 8 points 1 year ago (1 children)

The average annual wage in Germany is 45k

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

thats gross salary. i mean net salary.

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

Holy shit you guys pay a lot of taxes.

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

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

[–] CallumWells@lemmy.ml 3 points 1 year ago

* already paid for shit

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[–] Kraven_the_Hunter@lemmy.dbzer0.com 48 points 1 year ago (1 children)

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

[–] XEAL@lemm.ee 3 points 1 year ago

He's about to quit Netflix and avocado toasts SMH

[–] hdnsmbt@lemmy.world 43 points 1 year ago (1 children)

Poor guy. Better start a gofundme right now.

[–] maxprime@lemmy.ml 7 points 1 year ago (1 children)

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

[–] hdnsmbt@lemmy.world 4 points 1 year ago

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

[–] DampSquid@feddit.uk 23 points 1 year ago (1 children)

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

[–] ogginger43@infosec.pub 3 points 1 year ago

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

[–] PinkPanther@sh.itjust.works 21 points 1 year ago

Oh no, how will he live? He better pull himself up by the bootstraps and stop eating avocado toast.

Eat the rich!

[–] Mojojojo1993@lemmy.world 20 points 1 year ago

Better cut down on the avos then

[–] cabron_offsets@lemmy.world 17 points 1 year ago

Is Tim Apple going to be okay?

[–] paddirn@lemmy.world 13 points 1 year 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 12 points 1 year 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 1 year ago

Someone make him a gofundme

[–] _number8_@lemmy.world 7 points 1 year ago

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

[–] rottingleaf@lemmy.zip 6 points 1 year ago

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

[–] RedditWanderer@lemmy.world 6 points 1 year ago

Thots and preggers

[–] CrimeDad@lemmy.crimedad.work 4 points 1 year ago
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