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Apple shareholders vote to keep its diversity policies
Reuters ^ | February 25, 2025 | Stephen Nellis

Posted on 02/27/2025 10:35:05 AM PST by ProgressingAmerica

Feb 25 (Reuters) - Apple shareholders voted to keep the tech giant's diversity, equity and inclusion policies on Tuesday, a win for management which had opposed efforts by a conservative group to scrap the program.

The vote at the iPhone maker's annual meeting was seen as a test of shareholder views about the value of DEI programs, which many companies added or beefed up starting in 2020 amid the Black Lives Matter movement.

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Culture/Society
KEYWORDS: apple; dei; investors; woke
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Time to buy a new iPhone and reward Apple for its wokeness.
1 posted on 02/27/2025 10:35:05 AM PST by ProgressingAmerica
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To: ProgressingAmerica

Civil Rights Division: Prosecute for racism under the Civil Rights Act of 1964.


2 posted on 02/27/2025 10:37:49 AM PST by Uncle Miltie (No American money or lives for Europe’s censorious, socialist, anti-democratic islamophiles!!!)
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To: ProgressingAmerica

Govt contracts?


3 posted on 02/27/2025 10:37:51 AM PST by rktman (Destroy America from within ? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: ProgressingAmerica

Figures.


4 posted on 02/27/2025 10:38:32 AM PST by A Navy Vet (USA Birth Certificate - 1787. Death Certificate - 2021? )
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To: Uncle Miltie

Oh yeah—let the litigation begin and break Apple.


5 posted on 02/27/2025 10:38:57 AM PST by cgbg (The Democrat Party is a criminal enterprise.)
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To: ProgressingAmerica
Individuals and private business can do what they want with diversity and Didn't Earn It.

Just keep the feds out of it. None of their constitutional business.

6 posted on 02/27/2025 10:40:25 AM PST by Jim W N (MAGA by restoring the Gospel of the Grace of Christ (Jude 3) and our Free Constitutional Republic!)
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To: ProgressingAmerica

> Apple shareholders voted to keep the tech giant’s diversity, equity and inclusion policies… <

Democracy in action!

Not really. The average Joe has 100 shares. That’s 100 votes. The big mutual fund companies vote their millions of shares. That’s millions of votes.

Joe probably shouldn’t have even bothered.


7 posted on 02/27/2025 10:41:21 AM PST by Leaning Right (It’s morning in America. Again.)
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To: ProgressingAmerica

Per AI:

The largest shareholders of Apple are The Vanguard Group, BlackRock, and Berkshire Hathaway.


8 posted on 02/27/2025 10:42:25 AM PST by PAR35
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To: Leaning Right

Exactly. Shareholders do not equal one-man-one-vote.


9 posted on 02/27/2025 10:48:23 AM PST by Magnum44 (...against all enemies, foreign and domestic... )
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To: ProgressingAmerica

Great now any shareholder can launch a class action lawsuit claiming this cost them money and most likely win a billion dollar class action lawsuit!


10 posted on 02/27/2025 10:54:24 AM PST by packrat35 (Pureblood! No clot shot for me!)
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To: Jim W N

Not true. Any shareholder can now sue and make it a class action lawsuit that this policy cost them money if the shares go down.


11 posted on 02/27/2025 10:55:45 AM PST by packrat35 (Pureblood! No clot shot for me!)
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To: Leaning Right

I’m a shareholder and I wasn’t asked to vote. WTH?


12 posted on 02/27/2025 10:56:18 AM PST by subterfuge (I'm a pure-blood!)
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To: Jim W N

States can sue Apple for blatant anti-white hate.


13 posted on 02/27/2025 10:57:04 AM PST by cgbg (The Democrat Party is a criminal enterprise.)
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To: Magnum44

> Shareholders do not equal one-man-one-vote. <

And as you’ll probably agree, that’s the way it should be. My point is that these votes are dominated by the big mutual funds. If banning DEI fails, it’s because the big mutual fund companies want it that way.

I guess the board rooms of those big guys are still dominated by cowards and weaklings. That will take a bit of time to change.


14 posted on 02/27/2025 11:00:40 AM PST by Leaning Right (It’s morning in America. Again.)
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To: Leaning Right

Well, there are some laws about fiduciary responsibilities and how the interest of the shareholder is supposed to govern. I hope that the MAGA DOJ uses whatever tools are at their disposal to put an end to DEI everywhere.


15 posted on 02/27/2025 11:05:59 AM PST by Magnum44 (...against all enemies, foreign and domestic... )
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To: Leaning Right

Not really. The average Joe has 100 shares. That’s 100 votes. The big mutual fund companies vote their millions of shares.


And if the average Joe even bothers to vote at all, he’s likely to check the ‘approve the board’s recommendations’ box’ and not even see the DEI proposal. And I imagine the big mutual fund companies vote the same way, since they and the Apple board are all on the same page.


16 posted on 02/27/2025 11:12:11 AM PST by hanamizu ( )
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To: subterfuge

I’m a shareholder, too, and it wasn’t on any ballot I received.


17 posted on 02/27/2025 11:15:28 AM PST by econjack
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To: PAR35

largest shareholders of Apple are The Vanguard Group, BlackRock, and Berkshire Hathaway.”

All you need to know.


18 posted on 02/27/2025 11:17:06 AM PST by gibsonguy
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To: ProgressingAmerica
Time to buy a new iPhone and reward Apple for its wokeness.

Just got the new 16pro. But I get it free.

Wish Elon would make a phone

19 posted on 02/27/2025 11:19:02 AM PST by FatherofFive (we mutually pledge to each other our lives, our fortunes, and our sacred honor)
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To: econjack

I get an email once a year to vote on board members and stuff like this. I’m going to do a search on that.


20 posted on 02/27/2025 11:19:19 AM PST by subterfuge (I'm a pure-blood!)
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