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Apple's Tim Cook earns almost 99% less in 2012

28 December, 2012 | Read the news | Post your comment
Apple's Tim Cook earns almost 99% less in 2012 - read the full textTim Cook, in his first year as CEO of Apple after the late Steve Jobs, earned $1.4 million in salary this year, along with $2.8 million in bonuses. This is significantly less than his 2011 earnings of $378 million. According to Reuters, Cook's actual salary went up by some $900,000, but this...

 

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I think it's his fault. he don't want to make better iphone/ipad etc. all he think is design and same design. Just saying.

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  • 2012-12-29 16:29
  • tVuG

omg... he must be very miserable

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  • 2012-12-29 15:01
  • 3pS7

poor guy.... how will he make ends meet?!?!

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  • 2012-12-29 12:30
  • mqD0

Now I understand!
Let me put this simple. When I buy an iphone, iloose 1000$ and fruit company's CEO gets it deposited in his account?(Salary, Bonus whatever it is called!) Way to go man.

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  • 2012-12-29 10:28
  • uvu3

> In reply to utouh @ 2012-12-28 23:52 from t7Xh - click to readlets just say that u can't face the reality .. what happened to you when there was steve jobs and apple was kicking the butts of every mobile company on the earth? u just straight come to 'apple sucks'
why don't you say that Tim Cooks sucks big time ? HUh !!!

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  • 2012-12-29 08:31
  • fBhm

Tim Cooks his bonus.
Apple will stay ahead for a very long time.
Still more milking to go.

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  • 2012-12-29 07:23
  • vMeL

> In reply to [deleted post]agree with you, but i won't say no to what he earned this year. that's a lot of money. lol

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  • 2012-12-29 06:52
  • 9xBW

> In reply to Anonymous @ 2012-12-28 19:55 from Xrj4 - click to readwhy are you mentioning nokia here? the guy works for apple and apple pays him, not nokia soooo.....

why nokia????

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  • 2012-12-29 06:35
  • fsn{

When I own a super organization i'm having a cap.

eg, we have a minimum wage pay, i'm having a max, everyone regardless of who you are can earn say up to a max of $500k a year

Longterm consequences of a rule like this (if enforced by the government to apply to everyone)

would everything would come down in price, cheaper cars, cheaper houses for all the "employees" out there.

of course, if you want to be a business owner and make the billions to buy what the select few only can, go for it, i'm talking about employees who did not put all the hard work in to begin with to make a business empire, can only get a MAX of $500k, Bill can take a 3 billion wage a year if he wanted to, he put the hard work into it only fair he gets the money

Bottom Line - Tim Cook is not worth that kind of money nor is anyone, only the ones who put the time and dedication into starting it up.

As for Investors, Shareholders, they too should be capped and regulated to prevent abuse like now.

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  • 2012-12-29 02:17
  • sG%5

Dafuq Did I Just Read !! O.o

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  • 2012-12-29 01:00
  • 6txT

just keep saying that apple, lol. apple sucks money into your pocket its like a bad dream and you can't wake up.

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  • 2012-12-28 23:52
  • t7Xh

> In reply to Who cares??? @ 2012-12-28 20:32 from kLXZ - click to readThat comment you deemed as "Who Cares" is more informative than the article itself. Comments like yours are what making GSM Arena web site look like a children's playground. Grow up and learn to acknowledge people who are apparently more intelligent than you instead of trying to bring them down to your level.

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  • 2012-12-28 22:30
  • siVJ



the guy collected so much money from ifans.....


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  • 2012-12-28 21:40
  • 2IsP

Poor guy, my heart goes to him

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  • 2012-12-28 21:03
  • LC8t

How will he survive? Poor Timmy... I'm sure we can give him a buck or two if he needs it. Let's be generous to the less fortunate.

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  • 2012-12-28 21:03
  • mFId

> In reply to ..! @ 2012-12-28 19:37 from iISh - click to readNobody cares smart guy..

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  • 2012-12-28 20:32
  • kLXZ

> In reply to ..! @ 2012-12-28 19:37 from iISh - click to readThe most rational and thoughtful comment here. It is incontestably improbable that someone's salary would dwindle that much over the course of one year.

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  • 2012-12-28 19:59
  • fsVb

Our collective hearts bleed for this poor CEO.
Perhaps we could start up a fund for this hard done by bloke.This is tough news for your readers especially Nokia fans to stomach, and right after Christmas.
I hope he can manage to get through 2013.
Well, Nokia will just have to come up with something special in 2013 to help this guy and his ilk get buy!!

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  • 2012-12-28 19:55
  • Xrj4

Awww...now he needs to tighten the ol' belt, huh? LMAO.

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  • 2012-12-28 19:42
  • j8wI

His salary hasn't dropped at all. These reporters come up with ridiculous headlines just to get some page clicks. The $378 million in last year was in the form of Restricted Stock Units which are set to vest at later time. Here is the whole story - just before Tim Cook became CEO, Apple gave him 1 million RSU stocks if he continues to work for the company. If continues for next five years - he can cash half of those stocks and he can cash the remaining after 10 years. Last year, Apple stock price was $370 so all the news papers reported that he got $370 million salary. The truth is, that money is in the form of stocks that he cannot sell until at least five years. If Apple stock price reaches $1000 in five years, he will be a billionaire at that time. (well half billionaire, since he can sell only half the stocks after 5 years) the stockHis actual salary was $2mil last year and this year it is $4m - you decide if his salary is dropped by 99%

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  • 2012-12-28 19:37
  • iISh

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