I've had a lot of friends tell me that they didn't negotiate their offer, so I'm wondering whether it makes sense to negotiate. What are the costs of trying - Is it possible to lose anything if you try to negotiate and fail?
It's 100% worth negotiating, especially if the offers are from high-integrity, large companies like Apple (where you are), Google, Meta, etc. Three things to realize:
The only time I know where negotiating backfired is with an exploding offer, like the way some finance offer.
For internships, it might be worth trying to negotiate, but it's generally not possible, and it's anyway not very consequential since you won't get a sign-on bonus or equity.
If I told you that you could spend 15-30 minutes writing some emails and potentially get $10,000+ for it, would you do it? Probably yes right? That's why you should always negotiate. There are very activities on Earth that are this high ROI. Here's an excellent video explaining this mentality more in depth.
As Rahul mentioned, there is the edge case with an "exploding offer", but in all other cases, there's really nothing to lose as long you're polite about it. Given how competitive the tech industry is, especially with the search for talent, you won't be perceived negatively for trying either - It's sort of expected.
For tactics on how to negotiate, I recommend these Taro videos:
Lastly, if you need negotiation support, we're happy to help craft communications for you there as a part of Taro Premium.