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Unless you'd like to make the case that we had 600% inflation in the last year, your explanation does not hold up. (Skim the article. He's poised to make 6 time
by groby_b 5y ago
Unless you'd like to make the case that we had 600% inflation in the last year, your explanation does not hold up. (Skim the article. He's poised to make 6 times more than last year)
But even then, compensation packages are usually specified in dollars, not numbers of shares.
And even if that weren't the case, Apple shares only increased 40% over the last year. ~20% since the fall, were compensation packages are usually hammered out.
So, no, it's not inflation, as much as you'd like to complain about fiat money.
- imgabe 5y ago> Unless you'd like to make the case that we had 600% inflation in the last year, your explanation does not hold up. (Skim the article. He's poised to make 6 times more than last year) Sorry, I edited my comment a few times after posting as I looked up more information and it now addresses this. It doesn't make much sense that he randomly got 6x more than last year. This was probably a stock payout of some multi-year compensation package, combined with inflated stock prices. But little nuances like that get in the way of the "eat the rich" muckraking that places like the Guardian want to push so I imagine they don't spend a lot of time investigating the details.
- lostlogin 5y agoWhich publications take on Cook’s pay would you prefer I read?
- imgabe 5y agoIf you’re an Apple shareholder or employee I think you should be able to request the details of Tim Cook’s compensation package directly from the company and read what it says for yourself, then you can make up your own opinion about it. I don’t know if that’s actually possible or not but by “should” I mean I think that should be available. If you’re not a shareholder, board member, or employee, then I don’t see what this transaction has to do with you and I don’t understand why you or any publication should feel the need to read or have a “take” on it.
- hulitu 5y ago> If you’re not a shareholder, board member, or employee, then I don’t see what this transaction has to do with you and I don’t understand why you or any publication should feel the need to read or have a “take” on it. It is called entertainment. People like to talk about other people and some are jealous.