Saturday, March 1, 2014

Apple CEO to Climate Change Deniers: Get Out of This Stock

Posted By on Sat, Mar 1, 2014 at 10:33 AM

Apple CEO Tim Cook has a message to climate change-denying stockholders who want his tech company to stop its environmentally conscious initiatives: take your money elsewhere.

The National Center for Public Policy Research, a conservative Washington, D.C.-based think tank, took Cook to task prior to the Feb. 28 annual shareholder meeting for Apple's attention to green energy and Cook's recent hiring of Lisa Jackson, the former head of the Environmental Protection Agency.

But Cook didn't take the NCPPR's criticism too kindly, saying, "We do a lot of things for reasons besides profit motive. We want to leave the world better than we found it."

Ultimately, Cook told shareholders that anyone who found the company's environmental dedication either ideologically or economically ill-advised, they can "get out of the stock."

Bryan Chaffin of The Mac Observer, who was present at the meeting, wrote:

"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.'"

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

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