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.

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.

Advertisement

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. Here's How Much The Redmi Note 15 5G Could Cost in India
  2. Oppo Reno 15 Pro Mini India Launch and Key Specifications Tipped Online
  3. Sony's Year-End Holiday Sale on PS5 Accessories, Games Kicks Off Next Week
  4. Vivo V70 Seres, X200T, and X300FE India Launch Timeline and Prices Leaked Online
  5. Dominic and The Ladies' Purse Streaming Now: Know Where to Watch It Online
  6. YouTube Bans Popular Channels for Making Misleading AI-Generated Movie Trailers
  7. Xiaomi 17 Ultra Battery Details and Colourways Surface Ahead of Launch
  1. Santhana Prapthirasthu Now Streaming on Prime Video and JioHotstar: What You Need to Know
  2. Oppo Reno 15 Pro Mini India Launch and Key Specifications Tipped Online
  3. Samsung Galaxy Z Flip 8 Tipped to Feature Newly-Launched Exynos 2600 SoC
  4. Dawood Now Streaming Online: A Crime Comedy Thriller with Twists, Chaos, and Dark Humour
  5. Vivo V70 Seres, X200T, and X300FE India Launch Timeline and Prices Leaked Online
  6. Astronomers Observe Black Hole Twisting Spacetime for the First Time, Confirming Einstein’s Theory
  7. Hubble Captures Rare Collision in Nearby Planetary System, Revealing Violent Planet Formation
  8. Scientists Rule Out Elusive Sterile Neutrino After 10-Year Hunt, Shaking Particle Physics
  9. NASA’s PUNCH Mission Provides First Continuous Views of Solar Eruptions Across Space
  10. Starlink Satellite Breaks Apart in Orbit, Begins Uncontrolled Fall Toward Earth After SpaceX Anomaly
Gadgets 360 is available in
Download Our Apps
Available in Hindi
© Copyright Red Pixels Ventures Limited 2025. All rights reserved.