Unless the company needs to raise additional capital, which apple does not, the stock price cannot be dangerous for the company. I don't think this is true any

Unless the company needs to raise additional capital, which apple does not, the stock price cannot be dangerous for the company. I don't think this is true anymore. Discussion of executive performance these days starts with stock price (and often ends there.) Executives are encouraged by shareholders and the business media to prioritize short-term stock prices over long-term growth. It can be hard to overcome that bias, especially when executive compensation is usually tied very closely to stock price.