Apple gives Cook a bonus

Stefan Mileschin · 9th January 2019, 10:16

What you should do if you are snaking toward doom

Fruity cargo cult Apple has decided to give its CEO Tim Cook a bonus for not coming up with a plan to save its iPhone cash cow.

Despite the writing being on the wall for the iPhone, Cook believed that he could make up the short fall by jacking up prices, cutting margins and trying to tack on added services.

All that happened was people decided that the iPhone was too expensive and opted for cheaper Chinese tech that did the same thing for less.

Despite a year which saw a big chunk of the company’s value wiped, Apple decided that such visionary management was worth a hefty 22 percent pay raise in 2018, bringing Cook’s total compensation for the year to almost $15.7 million.

https://fudzilla.com/news/47900-appl...s-cook-a-bonus

9th January 2019, 10:16	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 148,597	Apple gives Cook a bonus What you should do if you are snaking toward doom Fruity cargo cult Apple has decided to give its CEO Tim Cook a bonus for not coming up with a plan to save its iPhone cash cow. Despite the writing being on the wall for the iPhone, Cook believed that he could make up the short fall by jacking up prices, cutting margins and trying to tack on added services. All that happened was people decided that the iPhone was too expensive and opted for cheaper Chinese tech that did the same thing for less. Despite a year which saw a big chunk of the company’s value wiped, Apple decided that such visionary management was worth a hefty 22 percent pay raise in 2018, bringing Cook’s total compensation for the year to almost $15.7 million. https://fudzilla.com/news/47900-appl...s-cook-a-bonus

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