When He Was A Young Man In Alabama, Tim Cook Stumbled Upon A KKK Cross Burning | Hacker News Reader

When He Was A Young Man In Alabama, Tim Cook Stumbled Upon A KKK Cross Burning

finance.yahoo.com

24 pointsDiabloD310 comments

This is blogspam (it's some joint Yahoo/Business Insider bullshit). The New York Times published a profile of Tim Cook which is the real content http://www.nytimes.com/2014/06/15/technology/tim-cook-making...

Yes, and a dupe as well: https://hn.algolia.com/?q=tim+cook#!/story/sort_by_date/0/ti....

Submitters: please do your due diligence before posting. If an article points to a more original source, post the latter instead. If a story has recently had significant attention on HN, please don't post it.

Sorry, I didn't see it on HN at all.

No worries—nobody catches them all.

> "We do things because they’re just and right," Cook replied. "If you want me to make decisions that have a clear R.O.I., then you should get out of the stock, just to be plain and simple."

While Apple cannot claim clean hands when it comes to ethics, it is fantastic to see the company leader preaching corporate responsibility. Unsustainably evil hypercapitalism is all too often justified as some kind of moral imperative for shareholders.

I don't see how his stance can hurt the stock, looks more like clever marketing to me -- but then again I'm not an investor..

"One ... investor posed a question to Cook during a February shareholder meeting regarding whether or not Apple should avoid embracing environmental causes that lacked a clear profit motive."

Investors are pretty damn concerned about whether the value of the firm is going up or not. If that's not the top of your mind at all times as the CEO, then they tend to worry.

And, with that question directed to Tim, that particular investor did more damage to brand than he realized. Later that night, he silently weeped in his pillow, realizing the irony of his mistake. A "show me the money!" nightmare soon followed.

I remember that earning call very clearly and I believe Tim is being misquoted: He said "if you only want me to make...".

The word "only" can be critical here from an investor's perspective.

Update: The following article seems to have a more accurate and contextual transcript of what Tim actually said:

http://www.loopinsight.com/2014/03/03/tim-cook-doing-whats-r...

And the point of the article, besides being marketing for Apple, is...?

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