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 108 points 10 months 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?

[–] [email protected] 36 points 10 months ago* (last edited 10 months ago)

Our world!

You know, the Clown World timeline!

[–] [email protected] 9 points 10 months ago* (last edited 10 months 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 1 points 10 months 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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[–] [email protected] 50 points 10 months 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 10 points 10 months 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.

[–] [email protected] 16 points 10 months ago (1 children)

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

[–] Metz 12 points 10 months ago (3 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 7 points 10 months ago (1 children)

The average annual wage in Germany is 45k

[–] Metz 10 points 10 months ago* (last edited 10 months ago) (1 children)

thats gross salary. i mean net salary.

[–] Noedel 2 points 10 months ago (1 children)

Holy shit you guys pay a lot of taxes.

[–] Metz 11 points 10 months ago (2 children)

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

[–] [email protected] 3 points 10 months ago

* already paid for shit

[–] Noedel 1 points 10 months 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.

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[–] [email protected] 48 points 10 months ago (1 children)

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

[–] [email protected] 3 points 10 months ago

He's about to quit Netflix and avocado toasts SMH

[–] hdnsmbt 43 points 10 months ago (1 children)

Poor guy. Better start a gofundme right now.

[–] [email protected] 7 points 10 months ago (1 children)

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

[–] hdnsmbt 4 points 10 months ago

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

[–] [email protected] 23 points 10 months ago (1 children)

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

[–] [email protected] 3 points 10 months ago

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

[–] [email protected] 21 points 10 months ago

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

Eat the rich!

[–] Mojojojo1993 20 points 10 months ago

Better cut down on the avos then

[–] [email protected] 17 points 10 months ago

On no, poor man, how he can survive on this small Salaray which is more money than all of us in the comments will collectively see in our life in this miserably dystopia.

My cold dead heart goes out to the reptile.

[–] cabron_offsets 17 points 10 months ago

Is Tim Apple going to be okay?

[–] paddirn 13 points 10 months 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 12 points 10 months ago

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

[–] AgentGrimstone 10 points 10 months ago

Someone make him a gofundme

[–] RedEyeFlightControl 8 points 10 months ago
[–] _number8_ 6 points 10 months ago

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

[–] [email protected] 6 points 10 months ago

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

[–] RedditWanderer 6 points 10 months ago

Thots and preggers

[–] [email protected] 4 points 10 months ago
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