AAPL.O

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Edited 1 time(s). Last edit at 10/05/2011 04:28PM by Roger.

Well it sure wipes out Sarah Palin…

Steve Jobs memorial rally? http://blogs.wsj.com/marketbeat/2011/10/06/aapl-the-steve-jobs-memorial-stock-rally/

I was wrong about the bump down which only suggests that people knew about this and in advance… People getting in cheap now that the biggest obstacle to growth has been overcome. Although it may still head down when the market crashes this fall, Apple should be set for a 80-90 point rally by the end of the year.

Big question is when is the next innovation coming?

short of implantable/wearable, neuron-aware-and-controlled devices, I don't see much more on the hand-held/input horizon.
It's either BORG or SKYNET from here on out; Steve departed during the precipice of the humanistic gadgets.

The plant that makes MacBook Air cases (and HTC phones) has been shut down due to the "strange odors" it's been emitting. In related news, the Chinese government may shut down my dog.

Oops, Apple underperforming.

and the stock is way way down. when's the last time it didn't beat earnings estimates? of course this is due to the iPhone bump.

like a fucking rock. thought about tossing more money at it. now i wish i had more cash in that account so i could buy more stock. down, down, down… it's going to hit the whole market hard tomorrow.

Changes to the Board.

And, lo, Sir Jonathan drew forth from his scabbard an iSword of tremendous esthetic beauty and wondrous abilities, with a blade of titanium and a hilt of carbon microfiber, and his panoply was emblazoned with a silver Apple, one bite removed, on a field of sable."

Tim Cook $377,000,000 !!!!! Holy Caraaaaaaaap!

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El Jeffe
Tim Cook $377,000,000 !!!!! Holy Caraaaaaaaap!

Care to elaborate?

http://bit.ly/yAD7OD

Tim Cook's pay.

Well, as with all things 'stock options', there is more than one way to evaluate.
But he got compensated well, it appears.

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The vast majority came in a grant of 1 million restricted stock units worth $376 million at the time. Half of the stock units will vest in August 2016, the other half in August 2021.

His actual take-home pay is approx $2 million (including performance bonus).

I like the fact that half the stock options can't be sold for ten years, that way if the company goes tits up he gets nothing. More companies need to do that.

I still like the fact Steve Jobs had a $1 annual salary: I think that would have been a great occupy wall st slogan.

"Steve Jobs annual salary at the world's most successful company: $1 -- Coincidence? I think not!"

If you read Jobs' biography, it seems though that 1 dollar was just for marketing purposes. He did take home a lot more eventually.

Yes, I saw the options. And I have plenty of stock options and they DO have tax implications regardless of whether or not they are worth anything at the moment.

What surprised me (or in hindsight, shouldn't have) was the fact that on one occasion he turned down the board's offer and insisted on more. I'm sure he deserved it and I know that pay in CEO land is really the only way to measure one's dick, so I shouldn't have been surprised.

Oh, I know it was mostly for marketing purposes - and I know he was handsomely paid in all sorts of other ways.

That said - back when Apple was really struggling in 97-98 he didn't do the typical CEO tactic of "my gosh, this problem is so huge I'll need to be paid a shitload immediately so I am incentivised enough to bother my ass to fix this company."

He fixed Apple and then in '99-2000 (can't remember when) the board bought him a $40 million Gulfstream jet (which, history shows, he certainly deserved).

I even don't mind the shady accounting done with back-dating stock options AFTER the company has been made quite stable & profitable.

Much better that than the "cash and stock up front, pump & dump, golden parachute" approach of a typical short-term CEO.



Edited 1 time(s). Last edit at 01/10/2012 04:49PM by Tony Leggett.

Yes, Steve was Apple. No doubt about it.

Does there exist any video of any of his 'crying' moments?
They talk in the book that he cried all the time. I can't imagine it.