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You're giving Apple an easy pass... a significant cut goes to the executives.
by theoj 15y ago
You're giving Apple an easy pass... a significant cut goes to the executives.
- gwright 15y agoHow are you defining 'a significant cut'? Via morningstar.com, in 2010 Apple had 65,225,000,000 in revenue. Total operating expenses for 2010 were $7,299,000,000, just 11.2% of revenue. Executive compensation was $148,424,291. That is 2/10ths of 1% of revenue. That is just for the the top five execs and Jobs only took $1 in compensation. Still I don't think it is accurate to say that a 'significant' cut of revenue goes to 'the executives'.