It always seems like earning nearly consistent profits is under appreciated, whereas revenue and profit growth (unlimited) are seen as the best markers for valuing companies. Apple has generally had very good profits (which also seems enormous in comparison to many other tech companies). While Tim Cook could do a lot better on getting the company to improve the quality of its products (especially software) and reducing efforts on slowly sliding into targeted advertising and tracking — both of which erode consumer confidence and could have a negative effect on the money Apple makes — he’s done quite well in keeping Apple mint a lot of money every quarter (I seem to recall “record breaking quarter” multiple times over the years).
I’m curious to know what kind of pay cuts the CEOs of Meta, Tesla, Amazon, Netflix, Uber and other (tech and non-tech) companies are taking. Not just cuts in base pay, which is usually a paltry sum, but bonuses and other compensation.
I’m curious to know what kind of pay cuts the CEOs of Meta, Tesla, Amazon, Netflix, Uber and other (tech and non-tech) companies are taking. Not just cuts in base pay, which is usually a paltry sum, but bonuses and other compensation.