Apple Inc AAPL pays some of the highest salaries in Silicon Valley, and for good reason. The Cupertino-based company is rarely thefirst to bring a product to market, but with the help of top-paid talent, Apple just does it better than everyone else.
Setting The Stage: It all started with Steve Jobs.The Apple co-founder didn't just unveilnew products, he would sell the world on Apple's versionbefore anyoneeven knew what he was offering.
Jobs could shape a product presentation into a story that kept audiences anxiously awaiting the next chapter. He would meticulously craft the unveiling, the same way Apple carefully crafts its products.
Apple carries that on today. The company doesn't need to haveits hand in every cookie jar, instead, it focuses on being the best in the areas it decides to touch, and it hires some of the best talent to help make its vision a reality.
Check This Out:Steve Jobs Was The Master Of Unveiling Apple Products: This Was His Secret For Leaving Audiences Awestruck
Taking A Bite Out Of The Apple: Appledoesn't makesalary information public, but the tech giantis required to discloseoffers in work-visa applications submitted to the U.S. Office of Foreign Labor Certification, pera Business Insider report.
The highestbase salary in the pay data was $322,000, offeredto two of the company's software development engineer managers. The lowest offer Applemade was just over$102,000 to a business systems analyst. For comparison, Google offered talent salaries as low as $55,000 and Microsoft made offers as low as $77,000.
The following data doesn't includestock-based compensation and grants that can significantly add to overall pay. It also excludes individualperformance rewards and bonuses.
Here's a look at some of the base salaryranges Apple offered to prospective workersforopenpositions in the first quarter of 2022. Global Supply Manager: $145,000 to $185,000 Engineering Project Manager: $144,912 to $185,203 Architectural/Engineering Manager:$200,750 to$286,874 Software Development Engineer Manager: $178,000 to$322,000 Hardware Development Engineer: $135,000 to $210,000 Software Development Engineer: $138,762 to $216,300 Manufacturing Design Engineer: $124,200 to $203,335 Machine Learning Engineer: $155,000 to $205,000 ASIC Design Engineer: $105,080to $217,680 Systems Design Engineer: $134,307 to $217,990 AR/VR Development Engineer: $127,000 to $230,000 Application Development Engineer: $131,808 to $255,000 Financial Analyst: $110,000 to $181,406 Data Scientist: $119,000 to $186,929 HI Graphics Designer: $140,000 to $201,764 Legal Counsel: $210,000 to 225,000
Read Next:Making Big Bucks At Google: A Look At How Much Alphabet Analysts, Managers And Engineers Get Paid
It is one of the most notorious and secret places in Iran.
Somewhere foreign journalists are never allowed to visit or film. The prison where dissidents and critics of Iran’s government disappear – some never to be seen again.
But we went there today, invited by Iranian authorities eager to show the damage done there by Israel.
Evin Prison was hit by Israeli airstrikes the day before a ceasefire ended a 12-day war with Iran. The damage is much greater than thought at the time.
We walked through what’s left of its gates, now a mass of rubble and twisted metal, among just a handful of foreign news media allowed in.
A few hundred yards in, we were shown a building Iranians say was the prison’s hospital.
Behind iron bars, every one of the building’s windows had been blown in. Medical equipment and hospital beds had been ripped apart and shredded.
Image: Debris scattered across what Iran says was the prison hospital
It felt eerie being somewhere normally shut off to the outside world.
On the hill above us, untouched by the airstrikes, the buildings where inmates are incarcerated in reportedly horrific conditions, ominous watch towers silhouetted against the sky.
Evin felt rundown and neglected. There was something ineffably sad and oppressive about the atmosphere as we wandered through the compound.
The Iranians had their reasons to bring us here. The authorities say at least 71 people were killed in the air strikes, some of them inmates, but also visiting family members.
Image: Authorities say this building was the visitor centre
Iran says this is evidence that Israel was not just targeting military or nuclear sites but civilian locations too.
But the press visit highlighted the prison’s notoriety too.
Iran’s critics and human rights groups say Evin is synonymous with the brutal oppression of political prisoners and opponents, and its practice of hostage diplomacy too.
British dual nationals, including Nazanin Zaghari-Ratcliffe were held here for years before being released in 2022 in exchange for concessions from the UK.
Image: Inmates are held in building on a hill above, which has been untouched by airstrikes
Interviewed about the Israeli airstrikes at the time, Ms Zaghari-Ratcliffe showed only characteristic empathy with her former fellow inmates. Trapped in their cells, she said they must have been terrified.
The Israelis have not fully explained why they put Evin on their target list, but on the same day, the Israeli military said it was “attacking regime targets and government repression bodies in the heart of Tehran”.
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The locus of their strikes were the prison’s two entrances. If they were trying to enable a jailbreak, they failed. No one is reported to have escaped, several inmates are thought to have died.
The breaches the Israeli missiles made in the jail’s perimeter are being closed again quickly. We filmed as a team of masons worked to shut off the outside world again, brick by brick.
A new Tesla prototype was spotted again, reigniting speculation among Tesla shareholders, even though it’s likely just a Model Y, potentially a bit smaller, and the upcoming stripped-down, cheaper version.
It sparked a lot of speculation about it being the new “affordable” compact Tesla vehicle.
There’s confusion in the Tesla community around Tesla’s upcoming “affordable” vehicles because CEO Elon Musk falsely denied a report last year about Tesla’s “$25,000” EV model being canceled.
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The facts are that Musk canceled two cheaper vehicles that Tesla was working on, commonly referred as “the $25,000 Tesla” in early 2024. Those vehicles were codenamed NV91 and NV92, and they were based on the new vehicle platform that Tesla is now reserving for the Cybercab.
Instead, Musk noticed that Tesla’s Model 3 and Model Y production lines were starting to be underutilized as the Company faced demand issues. Therefore, Tesla canceled the vehicles program based on the new platform and decided to build new vehicles on Model 3/Y platform using the same production lines.
We previously reported that these electric vehicles will likely look very similar to Model 3 and Model Y.
In recent months, several other media reports reinforced this, and Tesla all but confirmed it during its latest earnings call, when it stated that it is “limited in how different vehicles can be when built on the same production lines.”
Now, the same Tesla prototype has been spotted over the last few days, and it sent the Tesla shareholders community into a frenzy of speculations:
Electrek’s Take
As we have repeatedly reported over the last year, the new “affordable” Tesla “models” coming are basically only stripped-down Model 3 and Model Y vehicles.
They might end up being a little smaller by a few inches, and Tesla may use different model names, but they will be extremely similar.
If this is it, which is possible, you can see it looks almost exactly like a Model Y.
It’s hard to confirm if it’s indeed smaller because of the angle of the vehicle compared to the other Model Ys, but it’s not impossible that the wheelbase is a bit smaller – although it’s hard to confirm.
Either way, the most significant changes for these stripped-down, more affordable “models” are expected to be cheaper interior materials, like textile seats instead of vegan leather, no heated or ventilated seats standard, no rear screen, maybe even no double-panned acoustic glass and a lesser audio system.
As previously stated, the real goal of these new variants, or models, is to lower the average sale price in order to combat decreasing demand and maintain or increase the utilization rate of Tesla’s current production lines, which have been throttled down in the last few years to now about 60% utilization.
If this trend continues, Tesla would find itself in trouble and may even have to close its factories.
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