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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 AliHajiSheik View Post
    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.
    Any moron can make a profit - it takes finesse to increase shareholder value.

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

    Quote Originally Posted by j-mac View Post
    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.
    It's not explicitly political, really. People see Apple with all of that cash and want them to buy companies or make a large move toward certain markets or products. They may at worst think Apple is stagnating. Regardless, I do not know what you're so peeved about.
    Last edited by Fiddytree; 03-04-14 at 07:59 PM.
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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by Fiddytree View Post
    It's not explicitly political, really. People see Apple with all of that cash and want them to buy companies or make a large move toward certain markets or products. They may at worst think Apple is stagnating. Regardless, I do not know what you're so peeved about.
    What? Gore sits on the board, and Obama former EPA thug just hired. Of course it's political.
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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?
    It sounds like they have a delusional global warming doomsday cult member in charge.

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

    There's a problem with giving stockholders a higher position of influence than they should get. Remember, they bought stock in your company because you were doing something right. Don't lose sight of what you're doing right. Most stock holders are thinking long term, they want a company that will be around for a long time, building a stong reputation for quality products that grow the company. In return the value of their ownership increases, because other people then want to buy stocks. Profit or growth is the ultimate result of all that, but the solid business that got you there is what you need to focus on.
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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?
    many companies spend money in non-starts. they use it as a charitable tax write off. my company does. we fund and install computer labs for the boys and girls club. it helps them out but it is also a huge write-off for the company.

    it is called public image. i don't buy apple products either the only regret i had is back in the 90's their stock was only 8 bucks a share and i should have bought a ton of them.

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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?
    Yes, profit I is important, but if it is the only thing, you will lose sight of what got you where you are. For nearly every human, there has to be more than a profit motive. We work and create for all kinds of reasons. While recognizing the need to make money, other things motivate us as well. If it doesn't, you're already lost.

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

    Quote Originally Posted by Boo Radley View Post
    Yes, profit I is important, but if it is the only thing, you will lose sight of what got you where you are. For nearly every human, there has to be more than a profit motive. We work and create for all kinds of reasons. While recognizing the need to make money, other things motivate us as well. If it doesn't, you're already lost.
    People don't invest in a company for social engineering.
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    Re: Apple's Tim Cook: Business isnít just about making a profit

    Quote Originally Posted by j-mac View Post
    People don't invest in a company for social engineering.
    Not what I said. I said there should be more than profit as a motivation. Otherwise, you lose any real meaning for being and in the end will lose your way.

    AUSTAN GOOLSBEE: I think the world vests too much power, certainly in the president, probably in Washington in general for its influence on the economy, because most all of the economy has nothing to do with the government.

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

    Quote Originally Posted by Boo Radley View Post
    Not what I said. I said there should be more than profit as a motivation. Otherwise, you lose any real meaning for being and in the end will lose your way.
    Are you an investment advisor Joe?
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