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Tim Cook Tells Anti-Climate Change Activists To “Get Out Of The Stock”

Submitted by on March 2, 2014 – 12:22 pm14 Comments
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Apple’s perpetually subdued CEO Tim Cook recently flexed some muscle in a confrontation with conservative activists at a shareholder meeting. Responding to questions about the company’s environmental policy, Cook became visibly agitated according to reports, and said that Apple does not make all decisions based on profitability.

The National Center for Public Policy Research, a conservative think tank focused largely on free market policies, lobbied Cook to disclose more about Apple’s sustainability practices and associations. During last week’s shareholder meeting Q&A session, NCPPR’s general counsel Justin Danhof asked Cook if Apple’s commitment to green energy was good for the companies profitability, and if so, if that is only because of government subsidies.

According to MacObserver, Cook’s facial expression and body language then tensed, and his speech became rapid:

He said that there are many things Apple does because they are right and just, and that a return on investment (ROI) was not the primary consideration on such issues.

“When we work on making our devices accessible by the blind,” he said, “I don’t consider the bloody ROI.”

Cook then added that investors interested only in ROI could “get out of the stock.”

NCPPR released a statement saying Cook had told investors to “drop dead.”

Apple has taken environmental steps such as hiring former Obama EPA head Lisa Jackson and heavily employing renewable energy sources. Other social issues for the company include cutting the amounts of “conflict minerals” in their products, addressing the infamous labor conditions at their Chinese contractors’ manufacturing plants, and just last week getting involved in the debate over an anti-gay bill in Arizona, where the company is building a new plant.

In its most recent financial statement, Apple posted profits of over $13 billion for the last calendar quarter of 2013.

 

 

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