Also, while Tim Cook is not quite the visionary that Steve Jobs is, Apple's supply chain and ability to exert quality and pricing pressure over suppliers is a huge competitive advantage, and arguably one that keeps their profits so far above other hardware manufacturers.
There are plenty of companies with awesome vision that fail because they can't execute the way Apple can.
1) Pandit was paid a $1 salary for 2009 and 2010 2) Pandit not receiving a bonus for nearly 4 years [1]
It's probably better to look at Pandit's pay across his entire tenure as CEO, vs. objecting to a single lump sum payment.
[1] http://www.bloomberg.com/news/2012-03-12/pandit-compensation...
Also, while Tim Cook is not quite the visionary that Steve Jobs is, Apple's supply chain and ability to exert quality and pricing pressure over suppliers is a huge competitive advantage, and arguably one that keeps their profits so far above other hardware manufacturers.
There are plenty of companies with awesome vision that fail because they can't execute the way Apple can.