2011 wasn’t a bad year for Apple newly appointed CEO Tim Cook, who made almost $378 million:

According to Apple’s 2012 Proxy Statement, Cook received a jaw dropping $377,996, 537 million in total compensation last year — which is $377,996,536 than his late predecessor made.

Cook made a little over $900,000 in salary in 2011, but a massive bonus in restricted stock units vesting in two five-year increments and doled out with his appointment to the CEO slot, sent his total compensation into the stratosphere.


[AllThingsD]

  • i make that in 2 days

  • Thats pretty disgusting. Not to start an old argument but 1% vs 99% totallya pplies here. NOBODY needs that much moola

    • Anonymous

      Remember this is the guy in charge of apple…there are bankers that make as much in bonuses just because they play the market…they didn’t create jobs, hire people coordinate a global launch or brought a product that was as successful as the iPhone 4S…sure 378 million is a lot…but I bet the guy doesn’t even sleep. On the other hand bankers abuse and rape the economy and they make billions…fair? No…your argument of 1% is just dumb in this case…Tim earned it an is the best guy apple can have at this time…and they are willing to back him up with the money…how much do you think other CEOs make? Like the google kids…that is really disgusting.

      • Anonymous

        Pointing the finger at how much other people make, does not excuse this disgustingly large amount of money being given to a single person. No one, absolutely no one, deserves to earn that much money. It is unreasonable and downright greedy. I don’t care how many jobs he may create and how little he sleeps, he is not worth that much money.

      • why do you think so? Apple is reaching almost 400 Billion$ in market cap and he is the boss. He deserves the money.

      • Anonymous

        “Like the Google Kids”?, they actually built the company and made it a force (similar to what you think about Cook applies here), yet both earn $1 salary if you want to know, they get their wealth from stocks. I think the highest paid CEO is the guy from Oracle

    • KewlDewd

      Who said he “needs” that much money? Technically a person only needs few thousand dollars a year to live on. It doesn’t take a mathematician to figure that out. Who should decide how much is enough (too much) for a person to make? You? The government? Anybody but the person making the money? That sure makes sense. Do you know what he does/will do with that money? How do you know he won’t make huge donations to charities? And if he doesn’t, guess what…it’s none of your business what he does with it.

      • Anonymous

        tim does deserve it, because he worked his way to the position. no one can say he doesn’t deserve it, because who’s to say what the limit is? $100,000? $1m? $50,000? everyone will have a different amount of what the person “deserves”. Fact is, he deserves that much if he can work his way into that position.

      • KewlDewd

        Agreed

    • Anonymous

      Let’s be communist, so that no one earns this much?, mate there is no limit to how much people need

  • Prathik Nair

    So according to my calculations…My school destrict in budget cuts because of Tim Cook

  • Dan

    that’s all?

  • KewlDewd

    Says who? You? Who put you in charge of deciding how much an Apple CEO should make? Do you know how much Steve Jobs was worth?

  • byron church

    Sounds reasonable to me to. He is a friggin Beatle for Christ’sakes! But we do need to Demand a fair wage for all people – Fair is Fair – Socialized Humanized HealthCare and Free Schools ! That would be quite good for morale.

  • So how much do you expect him to give to charity. I am going to say almost none. I would like to know how much Apple gave to charity. I truthfully do not know. This is one of the big reasons that the only Apple product that I own is an iPod Touch 4g.

  • apple is a rip off there products are too expensive
    no wonder they make that much from stealing peoples money

    • KewlDewd

      A product is only too expensive if people are not willing to buy it. Last I checked, willingness to buy is not a problem for Apple. You need to look up the definition of “steal” because you clearly have no idea what the word means.

    • KewlDewd

      A product is only too expensive if people are not willing to buy it. Last I checked, willingness to buy is not a problem for Apple. You need to look up the definition of “steal” because you clearly have no idea what the word means.

  • TAjir amat lu bos bagi duitnya dikit donk bro 🙂

  • Friends arround the world, good job good money. One question I often ask myself is what is he going to do with all that? I live in Africa to be specific Liberia and I think Tim should help children to better improve their lives. We have many orphans, street children with no shelter, no clothing, worst of all no education. If we can just receive a drop in the ocean, will be very great. Hope somebody will see this and shows some concern. edwardyarngo@yahoo.com