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Written by Daniel Jalkut on 2025-01-24 at 16:50

Still waiting for Tim Cook's $1M donation to fascism to kick in! $AAPL

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Descendants

Written by Daniel Jalkut on 2025-01-24 at 17:03

Since Tim Cook's January 3 donation of $1M to Donald Trump, the value of Apple has fallen by more than $300B.

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Written by Daniel Jalkut on 2025-01-24 at 17:06

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.

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Written by Daniel Jalkut on 2025-01-24 at 17:08

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.

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Written by Daniel Jalkut on 2025-01-24 at 17:14

(Disclaimer, if warranted: I am still a substantial investor in $AAPL)

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Written by Tom Brand on 2025-01-24 at 17:07

@danielpunkass I blame Apple Intelligence.

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Written by Martin Marconcini on 2025-01-24 at 17:09

@Eggfreckles @danielpunkass ...or lack of.

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Written by Blogjackets on 2025-01-24 at 18:27

@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?

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Written by Mike Wolfinbarger on 2025-01-24 at 18:51

@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.

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Written by draNgNon on 2025-01-24 at 17:15

@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.

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Written by Daniel Jalkut on 2025-01-24 at 17:20

@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.

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Written by Kristopher Browne on 2025-01-24 at 17:24

@danielpunkass no doubt the maga-mob would say that’s a result of Apple doubling down on diversity programs.

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Written by John Gordon 📷 on 2025-01-24 at 17:27

@danielpunkass The only way to estimate it, assuming the absence of any other Apple-specific news to push the price down, would be to look at the stock price of another company that did not make any donations to the convict. That would remove "market trend" from the change. The challenge there is to find such a company 😞

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Written by Daniel Jalkut on 2025-01-24 at 17:31

@Bluedonkey Right. And no other company is quite like Apple.

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Written by John Gordon 📷 on 2025-01-24 at 17:35

@danielpunkass It is also perhaps a long term play, with a short term hit. The future is very unpredictable right now, but being on the convict's enemy list is certainly a valid business risk.

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Written by Christian Kent on 2025-01-24 at 23:35

@danielpunkass How does it index against the market?

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Written by Sean on 2025-01-25 at 21:50

@danielpunkass not that it matters as market value doesn’t mean anything to the employees in the upcoming earnings call.

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Written by Luc Vandal on 2025-01-24 at 17:06

@danielpunkass I hope it was worth it!

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Written by Callisto on 2025-01-24 at 17:30

@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'.

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Written by Support the Resistance on 2025-01-24 at 21:59

@danielpunkass Good

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Written by Michael Critz on 2025-01-24 at 17:25

@danielpunkass Trump is the scorpion in the fable of the scorpion and the frog

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Written by Drew Pickard on 2025-01-24 at 17:39

@danielpunkass yeah but he DID put himself in a promo for his tv show 😡

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