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Thread: Apple's Tim Cook: Business isnít just about making a profit

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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by Deuce View Post
    No, it wouldn't be. Isn't just about making a profit. Had he said "Isn't about making a profit," you might have an argument.
    The CEOs PRIMARY duty is to make a profit. But once again, see soot's post, it shows what he did say and shows the context, and it is materially different than what the OP portrays.

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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by j-mac View Post
    Well, that's what shareholders want to hear....Your investment isn't about making a profit....So, I wonder now how long before Apple becomes yet another 'used to be' on the trash heap of good companies ran into the ground by poor businessmen with stupid ideas?
    Much ado about nothing.

    Nice spin and smoke, though.
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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by clownboy View Post
    The CEOs PRIMARY duty is to make a profit. But once again, see soot's post, it shows what he did say and shows the context, and it is materially different than what the OP portrays.
    The CEO's primary duty is to increase shareholder value, a concept much more complex than simply making a profit. Making a profit in one year can be more than wiped out by fines and penalties in later years for what it took to make that years profit.

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    Re: Apple's Tim Cook: Business isnít just about making a profit

    The topic on discussion was Apple's use of renewable energy projects on its bottom line, and pressure to embrace profit-only. Apple, like many other companies, had discovered a certain niche in being able to succeed both financially and with public relations when it embraced portions of the green movement's message. For the longest time Apple was dinged by such advocates for not making their products green enough. They sought to turn that image around, and have done a moderately successful job of doing so.
    Michael J Petrilli-"Is School Choice Enough?"-A response to the recent timidity of American conservatives toward education reform. https://nationalaffairs.com/publicat...-choice-enough

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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by clownboy View Post
    Context Duece. This guy's number one duty in his job is, you guessed it, making a profit for the shareholders. Of course shareholders would be irate, he just admitted he's not doing his job and further admits he's throwing the company's money away.
    Throwing the company's money away is not exactly what people have been complaining about for the past few years. Quite the opposite, in fact. People have been wanting to see Apple use its incredibly massive bank for something or to give that money back.
    Michael J Petrilli-"Is School Choice Enough?"-A response to the recent timidity of American conservatives toward education reform. https://nationalaffairs.com/publicat...-choice-enough

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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by j-mac View Post
    Well, that's what shareholders want to hear....Your investment isn't about making a profit....So, I wonder now how long before Apple becomes yet another 'used to be' on the trash heap of good companies ran into the ground by poor businessmen with stupid ideas?

    This has to be the biggest joke of all time. Apple not in it for profit.. LOL They are without question (Maybe google is a close second) all about profit margins. They are the least channel friendly company I know of, and hoard all the academic sales to themselves, and trump up their hardware as if it's God's gift to man. They've managed to dupe two generations of non thinking individuals into believing that they are so different that they deserve the 40% premium customer need to pay for equivalent hardware.

    Tim-
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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by Fiddytree View Post
    Throwing the company's money away is not exactly what people have been complaining about for the past few years. Quite the opposite, in fact. People have been wanting to see Apple use its incredibly massive bank for something or to give that money back.
    Isn't that a rather naive desire? They're not going to give it back. Large companies appear to do some things to "give back", but that's advertising and reduces their other liabilities (taxes, etc).

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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by clownboy View Post
    Isn't that a rather naive desire? They're not going to give it back. Large companies appear to do some things to "give back", but that's advertising and reduces their other liabilities (taxes, etc).
    A bit, but some shareholders publicly say stupid things. Apple has a ton in the bank, and they are pretty damn conservative with it.
    Michael J Petrilli-"Is School Choice Enough?"-A response to the recent timidity of American conservatives toward education reform. https://nationalaffairs.com/publicat...-choice-enough

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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by Fiddytree View Post
    A bit, but some shareholders publicly say stupid things. Apple has a ton in the bank, and they are pretty damn conservative with it.
    Yeah, Intel does the same thing. Helps keep the ship steady and there's always a warchest available for a huge R&D/advo push.

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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by Fiddytree View Post
    Throwing the company's money away is not exactly what people have been complaining about for the past few years. Quite the opposite, in fact. People have been wanting to see Apple use its incredibly massive bank for something or to give that money back.
    Who? Liberals? Cook should do better in addressing his own hypocrisy as he feigns outrage at a simple question while producing their products in China and bribing the greenies so they could keep their San Francisco contracts.

    Cook showed the true colors of a genuine douche.
    Americans are so enamored of equality that they would rather be equal in slavery than unequal in freedom.

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