I think we have witnessed the beginning of the end of Apple. Will it happen tomorrow? I doubt it. Next week? No. Next year? Probably not. But, believe me. We have reached the turning point. It's all inertia for now.
Cook is a passionate environmentalist, and after he took over from Jobs, he ordered Apple to make vast improvements in its use of renewable energy.When they finally have had enough of Lisa Jackson, then I'll buy more Apple stock. Until then, I'm done.
Cook hired former EPA head Lisa Jackson last year to lead his company's environmental efforts, and these days, three-quarters of all of the company's facilities, including all of its data centers and its Cupertino, Calif., headquarters, run on solar, wind, geothermal, or hydro power. This up from about one-fourth of the worldwide facilities when Jobs was running the company, reports Mashable, and Cook one day wants all Apple facilities to use green power.
But the NCPPR asserts that Apple's future goal of having 100 percent of the power used to fuel its business come from green sources was only made so it can milk government subsidies for companies using green energy.
Cook, the normally mild-mannered successor to much-more fiery-tempered late Apple founder and CEO Steve Jobs, angrily told the representatives during a question-and-answer session at the stockholders' meeting that Apple takes its mission to the environment seriously, even though it doesn't earn the company money.
"When we work on making our devices accessible by the blind," he said. "I don't consider the bloody ROI. If you want me to do things only for ROI reasons, you should get out of this stock."