Ridiculous take.How generous. $1 mil from a 2.5 trillion dollar company. Smh
Ridiculous take.How generous. $1 mil from a 2.5 trillion dollar company. Smh
Given that colleagues and friends of mine live in the affected area, I do not care at the moment about any ulterior motives of Apple and other donators but am happy for all help (of course it is deductible, so is my individual donation also).
Neither of those concern youHow much did you donate, and how much are you worth?
You are aware that the 2.5 trillion is Apple’s total market capitalization, not the money they have in the bank. Market cap is somewhat of a fictional number that fluctuates a lot and has not much to do with how much money a company has in the bank or can spend, let alone donate to good causes.How generous. $1 mil from a 2.5 trillion dollar company. Smh
I would not say that Apple has to donate anything because they are a publicly traded company.Of course Apple's philanthropic work and aid relief is ultimately self-serving; it has to be because Apple is a publicly traded company. But just because it benefits shareholders, that doesn't mean it isn't also being done for the right reasons; the two don't have to be mutually exclusive.
My point was more that Apple must be able to demonstrate to shareholders that these sort of gestures add value to the company - not that they're obliged to do this by their shareholders.I would not say that Apple has to donate anything because they are a publicly traded company.
Foremost they are bound to have shareholders interests in mind, so it would be more logical to invest the money or return it to shareholders.
It’s actually a good thing that Apple management chooses to support so many causes and donates in times of disaster.
I’m from Amsterdam so I realize that, not my point though. The way he phrased it is off because it implies Germany and Belgium aren’t considered being a part of Western Europe: “Germany, Belgium and Western Europe.” 🙃There are other countries affected in Western Europe such as The Netherlands
My point was more that Apple must be able to demonstrate to shareholders that these sort of gestures add value to the company - not that they're obliged to do this by their shareholders.
I’m from Amsterdam so I realize that, not my point though. The way he phrased it is off because it implies Germany and Belgium aren’t considered being a part of Western Europe: “Germany, Belgium and Western Europe.” 🙃
2.5 trillion is just the value of their stock, which often has nothing to do with other things, and should it matter. Did other companies donate? Google, Amazon, Microsoft? Did you donate? Do you donate to other things?How generous. $1 mil from a 2.5 trillion dollar company. Smh
You are aware that the 2.5 trillion is Apple’s total market capitalization, not the money they have in the bank. Market cap is somewhat of a fictional number that fluctuates a lot and has not much to do with how much money a company has in the bank or can spend, let alone donate to good causes.
A generous 1mil write off I guess.
reading the rest of the comments… I love apple, but some of these companies are holding huge amounts of money while the common man will be ruined from an emergency visit.
apple can do so much better. They paint themselves as such, walk the walk.
Mods, if you don’t like this the revised post, I really don’t know what to say anymore. Thought political threads were a firebrand and a space for opinion.
Odd when one chooses to slam a company for giving money to help all over the world, I didn't see any amount listed, yet stays silent on the hundreds of thousands of companies that don't give a dime. How trendy...How generous. $1 mil from a 2.5 trillion dollar company. Smh
So easy for strangers, safe and sound in their basements to make snarky comments about everything. We see that same spirit all over when disasters strike, those that jump in and those that sit in their basements and throw snark instead of messages of support. Glad you are safe and the long haul recovery isn't to difficult your area.Best comment in this thread, I could not agree more!
I am myself from one of the affected regions, luckily the dike in our small town was just high enough, the water was about 20cm below the top, so the damage is small in comparison to other areas. Others have been much less fortunate and so the only thing to say right now is a big "thank you" to Apple and everybody else who helps, regardless of how big or small the help is.
When the situation here became critical last Thursday, as a dam was about to overflow our mayor asked for people to help. Way over a hundred responded immediately, these are the moments thatz make me sure, that hope for mankind is not lost!
They are supplying products that you and most everyone here use and purchase over and over for years. That makes us the problem in harming nature, nice denial thereIn fact they need to step down since most of them are the cause of nature’s harm.
Last time I donated to a cause, it was 1 month of my salary. That'd be like Apple donating $2.38B.How much did you donate, and how much are you worth?
But corporations ARE part of society. In the U.S., they are even "persons" with constitutional rights. I agree that society should address situations that affect large segments of the population. Corporations are not being generous when they donate, they are doing what they should be expected to do. And their self-congratulatory contributions fall far short of their fair share.In the end, it should not be the concern of a corporation, but of society.
But corporations ARE part of society. In the U.S., they are even "persons" with constitutional rights. I agree that society should address situations that affect large segments of the population. Corporations are not being generous when they donate, they are doing what they should be expected to do. And their self-congratulatory contributions fall far short of their fair share.