this post was submitted on 12 Jan 2024
215 points (95.0% liked)
Technology
59495 readers
3110 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
If you figure each engineer costs apple $250,000 a year, that’s the equivalent of 250 engineers. Could you imagine what apple could accomplish with 5 extra engineering departments? In what world is this one guy worth that much?
Our world!
You know, the Clown World timeline!
If we use our own criteria to evaluate Apple's success (and wage distribution), then it makes no sense from its very beginning. Just like with any company. EDIT: not started by us
I'm pretty sure that you could use one of those departments to fully automate management. Just go full data-driven and tie salaries to revenue. The engineers can take it from there, they're plenty smart
An engineer costs a lot more than that if they have health and life insurance and any other benefits through the company. Disclaimer - I don’t know if Apple employees have benefits.
Like, 10% more. Don't think that really changes the comparison.
250k is probably below the average pay for an Apple engineer, not to mention other costs and benefits. ICT3 numbers (just above entry level SDE) are 230k and ICT4 are 340k. 500k isn't that difficult at the more competitive software companies located in tier 1 and 2 markets. But yes, CEOs and E levels make far too much for their impact.
As an (mechanical) engineer, this is bullshit
Are you serious? He's worth way more than 63m, he's the best CEO of any company in recent memory. The growth of Apple under Tim Cook will be studied for a long time.
I got a picture of his ass in my wallet, if you just wanna kiss that.
Why do you have a picture of his ass in your wallet though?
never you mind sir!
I assume to be able to make jokes like this without being a filthy, dirty liar!
Not interested.
he won't see this
Obviously the best CEO of all time was VOC's CEO. Other CEOs are pale in comparison and should learn from his revolutionary leadership such as raising private army, monopolizing spice trades, divide-and-conquering local kingdoms, and burning local crops to control commodities price /s
He's in for a shout for sure.
What makes him the best?
https://ycharts.com/companies/AAPL/market_cap
He took over 8 years before the start of this graph.
So because the company is doing well it's because of this one person's leadership? That makes him great?
https://youtu.be/xW-rzzSFWuU?si=j22vUGbON5eNhr4S&t=151
Ok.
Here is an alternative Piped link(s):
https://piped.video/xW-rzzSFWuU?si=j22vUGbON5eNhr4S&t=151
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I'm open-source; check me out at GitHub.