Al Gore To Leave Apple Board After 21-Year Run; Company Reveals CEO Tim Cook’s Pay Dropped 36% In 2023 After Shareholder Pressure::Former Vice President Al Gore will exit Apple’s board of directors, the company said in an SEC filing that also revealed a pay drop for CEO Tim Cook.
TIL he was on the board.
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About 50% of Apple revenue comes from iPhones. So if an iphone sells less then expected it’s a big impact on the company and stock price. The iPhone 15 was OK, but not innovative or interesting enough for people to ditch the previous one and get a new phone.
Also investors really look at future growth, so when the main product they sell shows signs that the end of growth has been reached they are not happy.
In reality the only thing that has unlimited growth is cancer, I just like to add this…
On the contrary, it has one of the biggest possible changes: USB-C.
I suspect that causes some hesitancy among less tech-savvy users, or users with a lot of peripherals.
I suspect most people simply don’t care. “USB-C everything” exists in a tech bubble, outside of this bubble many don’t even know what port their phone uses. Most of the time when I was asked for a charging cable and asked which one they needed, they either said “iPhone”, “Samsung” or whatever or just showed me the port.
Maybe he failed to meet expectations?
It’s to my understanding that these shareholders expect constant growth to continue to increase the returns on their investment.
“Your customers still trust you with their data and you haven’t even started selling it yet.”
-shareholders, probably
It would be nice if the US government also had a rule prohibiting those 75 and older from running in elections.
I disagree. Ageism is morally wrong. (We should also remove the age floor from positions.)
That being said, an independently operated competency test for candidacy sure seems reasonable.
Ageism exists because people above a certain age cannot keep up to the demands of the job. I am sure a lot of folk disagree here… but you would agree that old people’s brains aren’t as fast as young people and even old people experience can only hinder them in a world thats all but changed completely.
This test you speak of is how mostly it works now, but only inverted: reject the vast majority of old people… and only hire the outliers.
