Angry Tim Cook tells Apple investor to 'get out of this stock'

Advertisement
By NDTV Correspondent | Updated: 1 March 2014 16:48 IST

Apple CEO Tim Cook addressed shareholders at the company's annual meeting on Friday where, while discussing a variety of topics, he 'teased' future Apple products and took pot shots at Google and other competitors. However, things got a little heated up during the Q&A session.

The National Center for Public Policy Research (NCPPR), a self-confessed right wing think tank that advocates free market and believes human activities have no impact on climate change, attended the meeting as an Apple shareholder. The group first questioned Cook's stance that Apple's sustainability programs and goals - like having 100 percent of its power come from green sources - was good for company's bottom line. The representative reportedly asked Cook if that was the case only because of government subsidies on green energy.

Advertisement

Further, the group wanted Cook to commit right then and there to doing only those things that were profitable for the company, alluding that Apple's quest to be environmentally responsible, and other similar efforts were a waste of company's money.

Tim Cook responded furiously, rejecting the premise behind group's thinking, saying there are some things that Apple does because they are right, and that a return on investment (ROI) was not the most important consideration on such issues.

Advertisement

"When we work on making our devices accessible by the blind, I don't consider the bloody ROI," Cook said.

He went on to say the same thing about environmental issues, worker safety, and other areas where Apple believes it is setting a benchmark for the rest of the industry. Bryan Chaffin of The Mac Observer, who was present at the meeting, notes:

Advertisement

As evidenced by the use of "bloody" in his response - the closest thing to public profanity I've ever seen from Mr. Cook - it was clear that he was quite angry. His body language changed, his face contracted, and he spoke in rapid fire sentences compared to the usual metered and controlled way he speaks.

Tim Cook then reportedly looked directly at the NCPPR representative and said, "If you want me to do things only for ROI reasons, you should get out of this stock."

Advertisement

Meanwhile, the group has posted its version of the events on its website in a note titled, Tim Cook to Apple Investors: Drop Dead.

 

Get your daily dose of tech news, reviews, and insights, in under 80 characters on Gadgets 360 Turbo. Connect with fellow tech lovers on our Forum. Follow us on X, Facebook, WhatsApp, Threads and Google News for instant updates. Catch all the action on our YouTube channel.

Further reading: Apple, Tim Cook
Advertisement

Related Stories

Popular Mobile Brands
  1. Motorola Edge 70 Pro Arrives With a 6,500mAh Battery at This Price in India
  2. Oppo F33 Pro 5G Review: The Best Looking Phone Under Rs. 40,000?
  3. Vivo X300 FE Roundup: Expected Price in India, Specifications
  4. Oppo Find X9s With Triple 50-Megapixel Cameras Launched at This Price
  5. GeForce Now Review:  Is Nvidia's High-End Cloud Gaming Service For You?
  6. Why the Samsung Galaxy A57 5G and A37 5G's 5000mAh Battery Outlasts Phones With 6000mAh
  7. Xiaomi TV S Mini LED 75 (2026) Review
  1. Tesla Model Y L Premium Launched in India With 3-Row Seating, Up to 681km WLTP Range: Price, Features
  2. Capcom Says Its New IP Pragmata Surpassed 1 Million Copies Sold in Just Two Days of Launch
  3. Sony 1000X The Collexion Reportedly Listed on Regional Websites, Expected to Launch Soon
  4. Apple Working on 200-Megapixel Periscope Telephoto Camera for Future iPhone Models, Tipster Claims
  5. Motorola Edge 70 Pro Launched in India With 6,500mAh Battery, 50-Megapixel Sony LYT-710 Camera: Price, Features
  6. Oppo Find X9s Launched With Dimensity 9500s SoC, Hasselblad-Tuned 50-Megapixel Cameras: Price, Specifications
  7. Oppo Watch X3 Launched Globally With Titanium Build, 3,000-Nit OLED Screen: Price, Features
  8. NoiseFit Diva Araya Jewellery-Inspired Smartwatch With Ceramic Build Launched in India: Price, Features
  9. Spotify Ads Manager Platform Launched in India, Brings Self-Serve Advertising to Businesses
  10. Microsoft Cuts Xbox Game Pass Prices in India, Global Markets; Ends Day-One Call of Duty Access
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2026. All rights reserved.