Which is probably why Ordinary shareholders in Apple have now won more say in deciding the Board.
Before you decide on(what could be ) foolish acquisitions-Ask what Mr.Shareholder thinks.
This is the way that all companies should function,unfortunately most S&P 500 companies (Tech companies in particular),tend to consider Cash on their Balance sheet as personal assets of the Company CEOs/Board's which they can spend wherever and however they like.
What percentage of the cash they hold do you think they will give back to shareholders? 30%? 60%? They would still have plenty of cash to go buy a few things.
@Ariella, I agree, at least some of Apple's cash can be used to make amends at these factories. That is to ensure safer working practices and other related issues are adhered at the supplier's factories.
Why not because Apple has always invented something for their customers and becasue of that only other companies made money. Steve Jobs may be gone but still I feel his ideas do work and they will keep on working for Apple for a longer period.
Ariella, That "necessity" to drive a hard bargain with suppliers and workers can come to be a problem for the company later. The negative press Apple is getting now is not in its overall interest in the long term.
EBN Dialogue enables and encourages you to participate in live chats with notable leaders and luminaries. Not only editors and journalists, but the entire EBN community is able to comment and ask questions. Listed below are upcoming and archived chats.
Archived Dialogues
Thailand Stages a Comeback Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Euro-Crisis: What It Means for High-Tech Firms Join EBN Editor in Chief Bolaji Ojo and Contributing Editor Jennifer Baljko on Thursday, July 12, at 10:00 a.m. EDT for a Live Chat on high-tech and Europe's economic difficulties.
Microsoft Surface: Potential Winners & Losers What are the implications for the electronics industry supply chain of Microsoft Corp.'s decision to launch its own tablet PC? Join industry veteran and EE Times' systems and OEM expert Rick Merritt on Tuesday, July 3, at 12:00 pm EDT for a Live Chat on this subject.
Join EBN contributor Jennifer Baljko on Thursday August 23, 2012, at 11:00 a.m. EST for a live chat on how electronic manufacturers in Thailand have shored up their supply chain to reduce the impact of future natural disasters.
Peter Drucker famously said "Trying to predict the future is like trying to drive down a country road at night with no lights while looking out the back window." Yet in the razor's-edge world of electronics—with a lean supply chain and just-in-time demands—the need to know the future is vital.
While no one really can accurately predict the future, we can take guidance from another Drucker saying which is the best way to predict the future is to create it.
You've heard the saying "the No. 1 supply chain risk is your people." That hasn't always been the case. But today's complex global supply chain requires a new type of multitalented employee. It's one who understands, finance, marketing, economics, is savvy with technology, graceful with relationships and can think analytically.
Where are these people? Are universities properly preparing the next generation supply chain professionals? How do train your existing workforce for these new, demanding positions?
Brian Fuller, editor-in-chief of EBN, will lead a 60-minute Avnet Velocity panel discussion that will ask and answer these and other questions swirling around today's supply-chain talent challenges.
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