This latest open letter calling out the government for trying to overstep its bounds has allegedly been even worse for Apple employees and they find it uncomfortable to say the least. “We do these (things) because these are the right things to do. Being hard doesn’t scare us”, Cook added. Cook also disclosed Apple spent $8.5 billion in research & development and made 19 company acquisitions in 2015. It’s about as much of an acknowledgement of the Apple Car’s existence we’ve received to date. On Thursday, Apple filed its formal legal response and set the stage for an important court hearing in nearby Riverside next month. Is the Apple Car is coming eventually if the EV is “Christmas Day”?
Cook expressed optimism about overcoming economic problems in China and infrastructure issues in India that have hamstrung other multinational corporations. “If you’re in this for the long term, as we are, China is a super market”.
Apple may end up having “blood on their hands” if the company continues to refuse to help the Federal Bureau of Investigation break into a cellphone used by one of the San Bernardino shooters, according to a Republican congressman.
But public support has been more divided.
Apple is facing an uphill in trying to stop the court order from taking effect as the company believes that providing such help would be jeopardizing the privacy protocols it has established in line with its devices and user information stored on the devices. “The order violates both requirements by conscripting Apple to develop software that does not exist and that Apple has a compelling interest in not creating”. Other than the Apple Car issue, the shareholders meeting included the usual business. “For something as serious as this, there should be a way to do it”. Rather, I should say Tim Cook has taken a stand, because it’s unclear how much backing he has within his own company.
Cindy Cohn, the executive director of the Electronic Frontier Foundation, who was also at the meeting, said she applauded Apple’s leadership in fighting for the security of customers. “Unprecedented government overreach” can’t be tolerated even in the wake of tragedy, Jackson said. Apple’s eight-member board includes two women and one black man, James Bell, the former Boeing chief financial officer.
Shareholders asked no questions about the company’s stance. It’s safe to assume the next annual shareholders meeting could take place at the new Apple campus. They were up slightly, 13 cents to $96.89 midday Friday.