Still waiting for Tim Cook's $1M donation to fascism to kick in! $AAPL
Since Tim Cook's January 3 donation of $1M to Donald Trump, the value of Apple has fallen by more than $300B.
Assuming Apple still has about 160,000 employees, since Tim Cook's January 3 donation to Donald Trump, the value of Apple has dropped by $1.8M per employee.
Nobody can know how much, if at all, Tim Cook's contribution correlates with the current price. To know that, we'd have to go back in time and undo the contribution. I wish we could.
(Disclaimer, if warranted: I am still a substantial investor in $AAPL)
@danielpunkass I am as well, since 1997 (and have held and bought more since then). TBH, whether it's in the short- or medium-term, it'll be clear that Tim's cowering to Trump in January 2025 began the end of his era at Apple. My question is who's the next CEO that has the stones to not just innovate but reposition Apple as an exceptional company rooted in durable principles that survive any individual presidential administration or pressure. Does that person exist? I don't know or care what Steve would have done because he's dead - I care about who could possibly lead this company to respect and defend human rights, continue to minimize its environmental impact, fairly pay its employees, ethically and responsibly build its products, and return to the intersection of liberal arts and technology.
@chrisgervais what you are describing could never ever happen with a gigantic public company like Apple is today
@danielpunkass Devil’s advocate here. Trump is no surprise, Cook (and therefore Apple?) supporting him with money is troubling. What would they have to do to make you divest yourself of the stock? Supporting a facist who has threatened democracy and the rights of groups of citizens isn’t enough?
@danielpunkass Another way of looking at it is that a man with a lot more people to protect than our mutual friend being raked over the coals this week for defending an employee is trying to defend them in a way that puts the criticism squarely on his shoulders rather than the company’s.
@danielpunkass “Substantial investor” look out we’ve got a Berkshire Hathaway here guys
@saagar Don't forget to read my annual letter.

@danielpunkass I will just point out there was an Apple Intelligence rollout as well that users have problems turning off; and also a widespread report that "siri has gotten worse"

those items will also negatively impact share price.

@draNgNon Of course, there are lots of possible reasons, I just want to stick a knife into Tim Cook's unforgivable donation as often as possible. And the big numbers are interesting to me.
@danielpunkass no doubt the maga-mob would say that’s a result of Apple doubling down on diversity programs.
@danielpunkass not that it matters as market value doesn’t mean anything to the employees in the upcoming earnings call.

@danielpunkass

And Cook's net worth has fallen by 0.1%

https://www.forbes.com/profile/tim-cook/

They. Don't. Care. It's not like when "ordinary" rich people lose money in the stock market. The oligarchs are a separate economic class. I still argue that the true middle class in 2025 are people who own enough to survive a major long term shock, but not enough to buy a President or a SCOTUS Justice. Wealthy by any standard except the oligarchs'.

Tim Cook

Tim Cook is #1462 on Forbes' 2025 Billionaires list. Read more about Tim Cook, their experience, their asset summary, and more here.

Forbes