He's a busy man without time for that. He should just walk across the lakes.
Posted on 03/03/2014 4:00:38 PM PST by Windflier
Apple chief executive Tim Cook has told climate-change deniers they should not buy shares in the company.
Cook, 53, who took over the company shortly after Steve Jobs died of cancer in October 2011, was giving a talk at the 2014 Annual Meeting of Shareholders when he made the remarks.
The National Centre for Public Policy had called for Apple not to put money in green energy projects which are not profitable.
However, Cook said Apple did 'a lot of things for reasons besides profit motive' adding: 'We want to leave the world better than we found it.'
He said: 'If you want me to do things only for ROI (return on investment) reasons, you should get out of this stock.
'When we work on making devices accessible to the blind, I don't consider bloody ROI'.
Since becoming Apple's chief executive, Cook has increased the use of solar, wind and geothermal resources used to power the company's offices to more than 75 per cent.
He has also donated millions of dollars of Apple's money to charity.
Pledging to improve conditions for workers in China where iPhones and iPads are made he said: 'We believe that workers everywhere have the right to a safe and fair work environment.'
(Excerpt) Read more at dailymail.co.uk ...
Meh. I own Apple products( love ‘em). I own Apple stock and have done very well with it. I’m in this relationship for the products and the money. Quite frankly I am VERY happy with both. I don’t care what this moron says. I’m certainly not gonna sell my stock and convert to Microsoft crap just because this guy is a nitwit.
The computer was great, but the sales reps' attitudes were so feckin' snooty, I walked out and eventually bought an IBM PC.
I started picking up on the snooty air around all things Apple way back then, too. Couldn't quite put my finger on it, but something about the way Apple customers behaved in relation to those products turned me off. They were just a bit too 'hip', in my estimation, and I naturally rebelled against that flow.
Like you, I went with the people's computer, and never looked back.
He's a busy man without time for that. He should just walk across the lakes.
Yeah, I’ve come arcos those Apple jerks too. I ask them since they are so left and Apple makes so much profit why are they charging me so much? (I’m bad, I know) Their eyes get so big and they get flustered. I love doing that to them.
About all the average guy has is his pocket book.
Rush’s take on this should be interesting as he is a big Apple supporter.
I was thinking the same thing. We'll see if he even mentions it.
There is not a single apple product in our home. Apple crap is overprice and over rated.
Tim Cook is a smug moron. This will be a cog in his demise.
You’ve been dumped, what are you waiting for, a restraining order?
When challenged by Justin Danhof, to then and there PLEDGE to ONLY make decisions and products that would make a profit, Tim Cook replied:
"When we work on making our devices accessible by the blind," he said, "I don't consider the bloody ROI." He said that the same thing [applies] about environmental issues, worker safety, and other areas where Apple is a leader. Source Business Insider. . . He didn't stop there, however, as he looked directly at the NCPPR representative and said, "If you want me to do things only for ROI (Return on Investment — Swordmaker) reasons, you should get out of this stock."
That was after only 2.95% of the stockholders had voted in favor of the NCPPR's demand that Apple publish details of any expenditures on green projects, soundly defeating the initiative. The amount that Apple is spending on such efforts is a minuscule amount compared to the huge revenues and profits that are being made. . . and the demand in the initiative was for Apple to essentially not be involved in things such as the EPEAT rating system which consumers look to for reasons to BUY consumer electroniose are the kind of things that idiot Justin Danhoff was claiming were wastes of stockholder equity. All of Apple's products are rated by that organization as EPEAT GOLD. Or to not seek to reach 100% energy independence from the grid. Apple IS 100% energy independent at its Cupertino headquarters, North Carolina, Oregon and Austin facilities and as a result are not buying any power from the power grid and in fact are selling surplus power. Those are the kind of things that idiot Justin Danhoff was claiming were wastes of stockholder equity.
Four years ago, Apple was under constant media criticism for NOT BEING GREEN ENOUGH and was fighting expensive lawsuits, including attacks from stockholders. There is no way a company can win, either way, so I don't blame Cook for being angry for this attack, especially after getting Greenpeace and some of the other time wasters off of Apple's back with minimal investment.
And Windflier, under the market system, a company CEO is not required to jump to the tune of Wall Street Investors, especially given the irrationality of today's market. Apple just turned in the best quarter results of ANY company in history and its stocked DROPPED because its revenue did not meet the inflated expectations of know-nothing analysts who pulled their projected numbers out of their individual belly buttons. There is no way in HELL that any CEO can meet those kind of over-the-top expectations. Steve Jobs ignored the market. Tim would be served well to do the same.
If the "investors" are not happy, they are welcome to vote the company directors out... and the new ones can fire the CEO. Alternately, if the investor does not like the way the management of company is being run of a stock he holds, he merely sells that stock and buys another. That is how it works. With 2.95% of the stockholders voting against the NCPPR, the stockholders gave a BIG vote of confidence in what the management team was doing. . . saying, if it ain't broke, don't meddle with the winning formula.
Yes, a certain arrogance with those types that I detest. However the main thing that always sealed the deal was their pricing. I don't like being ripped off and I won't pay twice as much for a tool. My PC is 10 years old and works just fine. Having said all that the CEOs of many of these major companies pander to the hard left. Gates is not much better.
Read what Cook actually said, rather than the FUD that is being spread... and see what Apple is REALLY doing before you believe this junk.
And probably other parts of his anatomy, too.
Thanks Swordmaker.
"If you want me to do things only for ROI reasons, you should get out of this stock."
I'm not an Apple investor, but those aren't the sorts of things I would want to hear out of the CEO's mouth if I were. It smacks of the anti-capitalist, wacko liberal, enviro-nut agenda.
Most investors put their money into a stock to turn a profit, not to support a company's social/political agenda.
I have - since the very first time I saw them :-)
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