Cook calls Apple "a force for good in the world"
posted by Alan F. / Oct 29, 2013, 9:09 AM
Cook also pointed out how Apple has made a number of new product introductions lately, "all of these are products only Apple could have delivered. And most companies would be proud to have just one of them." With a large cash hoard that the company has been often criticized for sitting on, CEO Cook brought up the number of non-commercial endeavors that Apple has found itself involved in. "We're also proud to be a force for good in the world beyond our products," the executive said.
The CEO also got a jab in at investor Carl Icahn, who has been trying to cajole Apple into borrowing $150 billion at 3% and make a tender offer to buy back that amount of Apple stock at $525 a share. According to the corporate raider, doing this would raise Apple's earnings per share figure by 33%. Without a change in the valuation of the company, Apple's stock should then rise by the same percentage. In talking to analysts on Monday, Cook said "I'd like to thank all of our customers and our long term shareholders for their loyalty, and I'd also like to thank Apple's many talented employees who have worked tirelessly to bring us this far and who are passionately focused on making great products that enrich people's lives."
Posts: 632; Member since: Jul 11, 2013
Stand up for human rights? You mean Google like refusing to censor search results on their Nexus phones which resulted in a ban by China? Or right, Apple doesn't care about human rights violations. They want that massive Chinese market.
posted on Oct 29, 2013, 9:11 AM 14
Posts: 1075; Member since: Oct 19, 2011
A force for good? By using a proprietary charger they cause massive amounts of waste and pollution. By switching from 30 pin to lightning they condemned 100s of millions of chargers and cables to landfills By building devices that are the most difficult to repair they create tons of hazardous waste By assembling every single device of theirs outside the u.s.a. they hurt our economy By dodging corporate taxes they're refusing to help the u.s. government manage all the waste and policy issues they create. Instead they'd rather have the taxpayer foot the bill. A force for good? No way.
posted on Oct 29, 2013, 10:26 AM 31
Posts: 4062; Member since: Jul 23, 2013
When everyone is causing the same damage, doesn't mean they're all equally liable. There is still a scale from bad to worse. I am not saying who is where, but do know that some of that crap he said is fairly legit. The lightning cable switch was COMPLETELY unnecessary, added almost nothing (reversible?) to the customer value. The rest is debate.
posted on Oct 29, 2013, 3:29 PM 0
Posts: 5498; Member since: Aug 05, 2011
Looks like he is searching for fools.
posted on Oct 29, 2013, 9:15 AM 20
Posts: 14; Member since: Oct 29, 2013
Which there are more than smart people! They tend to attract average joes, cause there are over half in this world we live in! That includes few in PhoneArena™ which we all Android users no who they are...... ™
posted on Oct 29, 2013, 6:52 PM 0
Posts: 1612; Member since: Jan 16, 2012
"Whether it's improving working conditions or the environment, standing up for human rights, helping eliminate AIDS or reinventing education, Apple is making substantial contributions to society. We're also proud to be a force for good in the world beyond our products." You mean when you get caught? Also the aids thing is perhaps interesting, but naturally he didn't provide any proof of it.
posted on Oct 29, 2013, 9:15 AM 0
Posts: 1654; Member since: Jul 10, 2013
get real,do you have to try so hard to look stupid? the Red Mac Pro (product RED) was redesigned by Ive for AIDS charity aimed at raising £37000
posted on Oct 29, 2013, 9:29 AM 3
Posts: 910; Member since: Jun 28, 2012
"Product Red has been criticized for not having an impact proportional to the advertising investment, for being much less efficient than direct charitable contribution, and for having a lack of transparency with regards to the amount of money going to charity as a percentage of every purchase. Some critics argue that a retail middleman between donor and charity is unnecessary; donors should just give. Another critique is that Product Red's expansion into traditional fundraising techniques, such as art auctions, undermines its claim to be a different and more sustainable approach to raising money for AIDS. Other critics have pointed out that its emphasis on funding treatment for AIDS sufferers meant that large amounts of the money will ultimately end up with pharmaceutical companies "unwilling to distribute their drugs for free". Many accuse the campaign of profiting by using diseases as a marketing vehicle, for being "cause branding" rather than corporate social responsibility. In the Stanford Social Innovation Review, Mark Rosenman wrote that it was an "example of the corporate world aligning its operations with its central purpose of increasing shareholder profit, except this time it is being cloaked in the patina of philanthropy." The National Labor Committee for Worker and Human Rights criticised Product Red for its links with Gap, which was historically a target of anti-sweatshop activists, although anti-sweatshop organisation Labour Behind the Label states that Gap has "come further than many" clothing companies to counter exploitation. Gap's Product Red clothes are made in Lesotho, rather than simply for the best price in China (this goes beyond the requirements of Product Red). Labour Behind the Label criticises Product Red for not requiring more measures to protect the rights of the workers who make their products. Data released in 2007 by Advertising Age claimed retail participants in Product Red including Gap, Motorola and Apple had invested $100 million in advertising and raised only $18 million for The Global Fund. In July 2010, however, Red claimed to have raised over $150 million." You mean that project red?
posted on Oct 29, 2013, 10:13 AM 5
Posts: 1654; Member since: Jul 10, 2013
wtf did you just grab an article from google? if the red Mac Pro raised funds for AIDS then Apple did a job well done, what 'Project Red' is being criticized for is not affiliated with Apple sheesh. You just found a hammer and you thought everything was a nail :P
posted on Oct 29, 2013, 10:50 AM 1
Posts: 910; Member since: Jun 28, 2012
First of all the Red Mac Pro is only expected to raise $37,000. Second, I made a typo. Meant Product Red which is what the red mac pro is under the umbrella of. Product Red is a joint venture between many corporations including Apple. I did Google it and read several articles on it. Did you pick up a nail and think it was a hammer?
posted on Oct 29, 2013, 1:24 PM 2
Posts: 2828; Member since: Aug 11, 2012
Funding million dollar house of rainbow colored theme designer is also chairity. Cook is right. They stand for good but he forgot to add few words more -- "at being perfect examples of hypocrites."
posted on Oct 29, 2013, 9:22 AM 2
Posts: 2000; Member since: Apr 16, 2011
Cook has done a lot for charities, especially using Apple's money. Steve Jobs had a different view. Cook is hardly the hypocrite you try to make out to be. rusticguy, your anger is clearly misdirected.
posted on Oct 29, 2013, 9:53 AM 3
Posts: 105; Member since: Nov 26, 2012
What do you expect him to say, "We're the Evil Empire and you know it. Kneel before us and beg for your iPhone 5Same!"? Almost everyone would claim to be pure as the wind-driven snow... This is a non-story.
posted on Oct 29, 2013, 9:28 AM 4
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