To me, this is a disgustingly extreme story and I agree with Cook. It is appropriate for shareholders to advocate for profits, but profit as the only goal for a company is just ludicrous. The most astounding part is this quote from the shareholder:
“Too often investors look at short-term returns and are unaware of corporate policy decisions that may affect long-term financial prospects. After today’s meeting, investors can be certain that Apple is wasting untold amounts of shareholder money to combat so-called climate change.”
Wait, combatting climate change is part of short-term returns? And maximizing quarterly profits is part of long-term financial vision?