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To: Fightin Whitey
Too bad you can’t come anywhere near one.

The NCPPR claims that everything a company does has to be done to further the purpose of pursuing a clean profit motive. If they cannot justify that, it should not be being done. PERIOD. They have been shot down by most other companies as well as Apple. They are a single issue organization and they define what leads to profit for the stockholders. They offered a "stockholders proposal" to the annual meeting of Apple stockholders. . . and it was resoundingly defeated 97% to 3% by the vote of the stockholders not three hours before their representative, IIRC, it was the NCPPR president, tried an end run around the vote. Tim Cook shut him down and told him to take his investment ELSEWHERE if he did not like the way management was running the company.

Fightin Whitey, Apple has made it self evident that NCPPR's concerns that the Apple Board of Directors are doing something wrong and wasting stockholders' money is completely bogus. . . No other company in history has returned as much money to stockholders in as short a time as Apple has. That alone is proof that NCPPR is barking up the wrong tree to complain that stockholders' money is being wasted. Apple has returned over $175 BILLION in dividends and stock buybacks to investors in just the last three years. . . and still has $179 Billion in cash and short term liquid assets.

303 posted on 01/29/2015 2:50:39 PM PST by Swordmaker (This tag line is a Microsoft insult free zone... but if the insults to Mac users contnue...)
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To: Swordmaker
Sir, once again you are reducing the substance of the argument to one of Apple being profitable and rewarding its stockholders monetarily.

That's all fine, for you, at least.

I like money and I try to make all of it I can. But to me there are more important considerations than making money. I wouldn't invest in a pot farm, for instance. I wouldn't knowingly invest in a company that manufactures abortifacients.

I like to think that had I been alive 80 years ago I wouldn't have invested in Volkswagon, Braun or Bayer.

That is not to say I think Timmy Cook is a Nazi. But I think his outlook and his politics are injurious to the culture and country.

And I don't condemn you either. I just disagree.

352 posted on 01/29/2015 5:23:38 PM PST by Fightin Whitey
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