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Little does EFF know, that will anger shareholders. They dont want to expend the costs to fight everyone's battle. Only those that bring shareholder value.

dandrews 11y ago
You may be mistaken: there's at least one shareholder that wishes Apple all the best. ;-)
- maerF0x0 11y ago
  Unless you're holding a massive chunk of apple and vote at meetings, you dont count.
  - rakel_rakel 11y ago
    Regardless of how cynical that sounds I actually think you're right here. Your pretty broad assumption that being able to vote automatically makes you an opponent to fighting this battle seems flawed though. If the majority of the decision makers were against it, fighting it wouldn't be on the agenda in the first place, right?
    - maerF0x0 11y ago
      > If the majority of the decision makers were against it, fighting it wouldn't be on the agenda in the first place, right? Good point. Though from my limited understanding of how companies function, often the the CEO is chosen by the board and has the freedom to do most what (s)he wants but with knowledge that the board can step in at anytime if the CEO is offbase/course. So it simply could be that Cook is standing up for something he believes and if it negatively affects the quarter/year then he's out.
oldmanjay 11y ago
As I understand it, shareholders are people from all walks of life, with their own thoughts, feelings, aims, and desires. Do you have special knowledge that would contradict my impression and provide support for your assertion?
chongli 11y ago
And you don't think this very public battle is having a positive effect on Apple's sales?
- sandworm101 11y ago
  It will have a positive effect, until it doesn't. There are some scenarios that could see the price fall rather dramatically should Apple put up too much of a fight. If they lose on appeal and still refuse, we could see federal agents storm Apple's HQ to acquire the keys and anything else they deem necessary to construct what they need. Such a stunt could disrupt business. Similarly, the court could hold the board in contempt, even lock up directors or employees who disobey the court order. That would not aid the stock price.
Fomite 11y ago
Evidence of this? Or for that matter, that not letting the FBI ransack consumer privacy doesn't "bring shareholder value"? I'm an Apple shareholder, and I'm the opposite of angry.

dandrews 11y ago

You may be mistaken: there's at least one shareholder that wishes Apple all the best. ;-)

maerF0x0 11y ago
Unless you're holding a massive chunk of apple and vote at meetings, you dont count.
- rakel_rakel 11y ago
  Regardless of how cynical that sounds I actually think you're right here. Your pretty broad assumption that being able to vote automatically makes you an opponent to fighting this battle seems flawed though. If the majority of the decision makers were against it, fighting it wouldn't be on the agenda in the first place, right?
  - maerF0x0 11y ago
    > If the majority of the decision makers were against it, fighting it wouldn't be on the agenda in the first place, right? Good point. Though from my limited understanding of how companies function, often the the CEO is chosen by the board and has the freedom to do most what (s)he wants but with knowledge that the board can step in at anytime if the CEO is offbase/course. So it simply could be that Cook is standing up for something he believes and if it negatively affects the quarter/year then he's out.

oldmanjay 11y ago

As I understand it, shareholders are people from all walks of life, with their own thoughts, feelings, aims, and desires. Do you have special knowledge that would contradict my impression and provide support for your assertion?

chongli 11y ago

And you don't think this very public battle is having a positive effect on Apple's sales?

sandworm101 11y ago
It will have a positive effect, until it doesn't. There are some scenarios that could see the price fall rather dramatically should Apple put up too much of a fight. If they lose on appeal and still refuse, we could see federal agents storm Apple's HQ to acquire the keys and anything else they deem necessary to construct what they need. Such a stunt could disrupt business. Similarly, the court could hold the board in contempt, even lock up directors or employees who disobey the court order. That would not aid the stock price.

Fomite 11y ago

Evidence of this? Or for that matter, that not letting the FBI ransack consumer privacy doesn't "bring shareholder value"? I'm an Apple shareholder, and I'm the opposite of angry.