3 ms·
Tim Cook doesn't always act at the whim of his shareholders, though: http://articles.latimes.com/2014/mar/01/business/la-fi-tn-apple-tim-cook-shareholders-meeti
by crummy 9y ago
Tim Cook doesn't always act at the whim of his shareholders, though: http://articles.latimes.com/2014/mar/01/business/la-fi-tn-apple-tim-cook-shareholders-meeting-20140301 http://articles.latimes.com/2014/mar/01/business/la-fi-tn-ap...
> Danhof had spoken earlier in the meeting, criticizing Apple's connection to trade industry groups that believe people are causing global warming. Later, Danhof asked Cook if he would promise to commit to projects that help the environment or fulfill other social justice aims only if they also help Apple's bottom line.
> Cook seemed to be trying not to jump out of his seat.
> "When we work on making our devices accessible by the blind, I don't consider the bloody ROI" (return on investment), Cook said.
> "When I think about doing the right thing," he said, "I don't think about an ROI."
> "If that's a hard line for you," Cook continued, "then you should get out of the stock."
- whym 9y agoNot all the shareholders oppose it. The image of the company "doing the right thing" would be favorable to its shareholders. In fact, the same article suggests that apparently many of them agree with Cook: > "If that's a hard line for you," Cook continued, "then you should get out of the stock." > As Danhof sat back down, the audience applauded.