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I get downvoted whenever I mention that the payment structure for Tim Cook is probably having a negative effect on Apple's long-term prospects. Does everyone un
by lkrubner 8y ago
I get downvoted whenever I mention that the payment structure for Tim Cook is probably having a negative effect on Apple's long-term prospects. Does everyone understand that the incentives offered to CEOs often influence what they optimize for? Can we agree that the most widespread understanding of the phrase "shareholder value" tends to emphasize short-term gains at the expense of long-term gains?
- dpkonofa 8y agoExcept that Cook has literally said, on a public call no less, that he doesn't care what the shareholders think if the decisions they make aren't in the best interest of their customers. I think a big issue for me, and for others on here, is that we're no longer Apple's demographic. Their machines work for me still so I'm not in the same boat as most but Apple is now making computers for everyone, not just the creative professionals or developers. The things we don't care about (Touch Bar, for example) are things that I'm constantly hearing good things about from others. In my case, I actually love the TB because it's great for Final Cut and any other media tools I use. Apple is the one company where "shareholder value" is not a driving factor.