Tag: cook

Tim Cook will give away his fortune

Posted on March 27, 2015 by - News

Apple's Tim CookThe head of the Apple Cargo Cult, Tim Cook has said that he will do something that Steve Jobs never did – give away his fortune.

Fortune magazine cited the head of the world’s largest technology corporation as saying he planned to donate his estimated $785 million fortune to charity – after paying for his 10-year-old nephew’s college education.

“You want to be the pebble in the pond that creates the ripples for change,” Cook told the magazine.

Fortune estimated Cook’s net worth, based on his holdings of Apple stock, at about $120 million. He also holds restricted stock worth $665 million if it were to be fully vested.

He will join billionaire financier Warren Buffett, Bill Gates, Larry Ellison and Mark Zuckerberg who have all pledged to give at least half of their wealth to charity.

While Cook has not made nearly as much as Gates, the Apple CEO told Fortune he hopes to make a difference.

Recently Cook has become more outspoken on issues ranging from the environment to civil rights. Cook, who recently revealed he was gay, spoke out against discrimination of the lesbian, gay, bisexual and transsexual communities during his induction into the Alabama Academy of Honour last year.

He told Fortune he has started donating money to unspecified causes quietly and is trying to develop a more “systematic approach” to philanthropy that goes beyond writing checks.

When Jobs was asked to participate in the scheme he said no.

While Forbes  claimed that Steve Jobs did not have to give a cent to charity because he filled the world with lots of nice looking gadgets made in factories were people were dying to get out, his motives for not giving money to charity was generally questioned.

The New York Times said Jobs did not have to give away any of his fortune because millionarres only did that to buff their image and Jobs was perfect .  He also was charitable in that he paid his staff a wage to work for him.

It is nice to see that Apple has finally got someone at the top who sees helping other people as being important.

FT names Apple boss “Man of the Year”

Posted on December 12, 2014 by - News

Apple's Tim CookThe Financial Times has named the spiritual and temporal leader of the fruity cargo cult Apple as its man of the year.

Tim Cook, the FT claimed, was doing wonders for Apple and making it a less heartless company. Jobs’ Mob is actually starting to do all the things that people said it did.

During a recent shareholders meeting when one audience member tried to push Apple’s chief executive on the profitability of Apple’s various environmental initiatives, such as its solar-powered datacentre, Cook growled.

“We do things for other reasons than a profit motive, we do things because they are right and just,” Mr Cook growled. Whether in human rights, renewable energy or accessibility for people with special needs, “I don’t think about the bloody ROI,” Cook said. “Just to be very straightforward with you, if that’s a hard line for you… then you should get out of the stock.”

Fortunately, for Cook it has not backfired. The share price has increased by around 50 percent since that shareholder meeting, at one point taking its market capitalisation above $700 billion.

Financial success and dazzling new technology alone might have been enough to earn Apple’s steely chief executive the FT’s vote as the 2014 Person of the Year, enthused the FT, but Cook’s “brave exposition of his values” also sets him apart.

“If hearing that the CEO of Apple is gay can help someone struggling to come to terms with who he or she is, or bring comfort to anyone who feels alone, or inspire people to insist on their equality, then it’s worth the trade-off with my own privacy,” he wrote in Businessweek in October.

In fact, the only criticism that people seem to have of Cook is that he is not Steve Jobs and lacks any sense of showmanship. He is not as closely involved in new product development as his predecessor, which is probably why the new iPhone bends rather easily.

Russians destroy shrine to Steve Jobs

Posted on November 4, 2014 by - News

Church fireThe Fruity Cargo Cult Apple’s attempts to spread the worship of its founder Steve Jobs has fallen foul of Russia’s backward homophobia.

This week Apple CEO Tim Cook revealed the badly kept secret that he was gay, and while that was well received in most of the world it has created a backlash in Russia.

The two-metre-high monument, in the shape of an iPhone, was erected outside a St Petersburg college in January 2013 by the West European Financial Union companies called ZEFS.

But Russia has strict laws against “gay propaganda” and ZEFS said that the memorial had been removed from the courtyard of the Techno Park in St. Petersburg, Russia. Photo.

“In Russia, gay propaganda and other sexual perversions among minors are prohibited by law,” ZEFS said, noting the memorial had been “in an area of direct access for young students and scholars.”

“After Apple CEO Tim Cook publicly called for sodomy, the monument was taken down to abide to the Russian federal law protecting children from information promoting denial of traditional family values.”

The move is clearly an attempt to butter up Tsar Vladimir Putin who considers homosexuality a moral issue. Putin insists that there is no discrimination against gay people in Russia and the law was needed only to protect young people. It has also encouraged those of a less intelligent disposition to beat up and lynch young gay people.

But Steve Jobs, who died in 2011, was not gay and it is not clear what  Maxim Dolgopolov, the head of ZEFS who ordered the removal of the monument

“Sin should not become the norm. There is nothing to do in Russia for whose who intend to violate our laws,” he said.

Dolgopolov’s implication is that Apple is a gay cult lead by its founder and ruled by its immoral boss and is working to subvert the children of Russia with its homosexual ways. The whole concept is silly, and if Apple were big in Russia it could have seriously damaged its business reputation.