You take the bet because it's not even your entire profit stream and iPhone is much more of your revenue.
Tim Cook's operational experience helped them increase their market cap dramatically once he took over, so I'm not sure you can discount the value of him as CEO.
A bad CEO can definitely drive a company into the ground, so in many cases I think the pay can make sense. Spending the money does not assure a good pick though...
Tim Cook's operational experience helped them increase their market cap dramatically once he took over, so I'm not sure you can discount the value of him as CEO.
A bad CEO can definitely drive a company into the ground, so in many cases I think the pay can make sense. Spending the money does not assure a good pick though...