Posts Tagged ‘tim cook’
Tim Cook: Sell Cheap Product
on Monday, November 22, 2021Tim Cook Money Quote saying that the price of a product can be cheap and the product reflects that cost in quality. Tim Cook said:
“Price is rarely the most important thing. A cheap product might sell some units. Somebody gets it home and they feel great when they pay the money, but then they get it home and use it and the joy is gone” — Tim Cook
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In this quote, Tim Cook is discussing the importance of quality over price when it comes to products. He argues that while a cheap product may sell well due to its low price point, once customers get the product home and use it, they will lose the initial joy they felt from the purchase if the quality is lacking.
Cook is suggesting that price should not be the primary factor driving a purchasing decision, because a low-cost item may seem like a good deal in the moment but fail to deliver lasting satisfaction if the quality and user experience are poor. His point is that long-term customer happiness depends more on how well a product performs its functions and how enjoyable it is to use, rather than just the initial price paid.
So in essence, the quote advocates that companies should focus on making high-quality products, even if they cost more, because customers will derive greater lasting value and joy from items that work well rather than cheaply made goods that seem like a bargain up front but disappoint after the sale. For Cook, price is secondary to ensuring a good user experience.
Tim Cook: Personal Data Money
on Friday, November 1, 2019Tim Cook Money Quote saying that when a business makes money by collecting personally identifiable information (PII) they are a personal risk. Tim Cook said:
“I think everyone has to ask, how do companies make their money? Follow the money. And if they’re making money mainly by collecting gobs of personal data, I think you have a right to be worried” — Tim Cook
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In this quote, Tim Cook is encouraging people to carefully consider how technology companies generate their revenue. He suggests that if a company’s main source of income is collecting and monetizing large amounts of personal user data, through means like targeted advertising, then users have valid cause for concern about their privacy.
Cook appears to be implying that a business model overly reliant on harvesting personal information to sell or use may not always have users’ best interests in mind.
Overall, the quote conveys Cook’s view that people should thoughtfully examine the “follow the money” incentives at play and be wary if a service is profiting predominantly off accumulating individual data rather than through direct user payments or other means.
Tim Cook: Don’t Work for Money
on Saturday, February 18, 2017Tim Cook Money Quote saying if you chose to pursue higher income, you’ll lose, instead earn from your passions. Tim Cook said:
“Don’t work for money – it will wear out fast. Find something you’re passionate about” — Tim Cook
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In this quote, Tim Cook seems to be advising against making career choices primarily based on high pay. When he says money “will wear out fast”, Cook suggests that focusing solely on compensation risks leaving one unfulfilled in the long run. Instead, he recommends “find[ing] something you’re passionate about” to dedicate one’s working life to.
The best interpretation is that Cook believes true job satisfaction comes from pursuing a vocation that intrinsically motivates and inspires someone, even if it may not be the highest paying. When work aligns with one’s interests and values, the reward is a lasting sense of purpose rather than fleeting financial gain.
Overall, the quote conveys Cook’s view that passion, not paychecks, should be the primary driver in career decision-making for long-term happiness and fulfillment.