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Apple’s goal isn’t to make money. Our goal is to design and develop and bring to market good products

And yet they are a publicly traded company, how does "our goal isn't to make money" work with their fiduciary duties?



"our goal isn't to make money" is not in their corporate guidebooks or manifesto, it's in their press-release. it contributes directly to their bottom-line, I say.


finish the quote:

"...We trust as a consequence of that, people will like them, and as another consequence we’ll make some money. But we’re really clear about what our goals are."

I don't think AAPL stock holders have had anything to complain about for the past eight years or so.


I don't think there's any legal responsibility to make the shareholders money, just to serve the shareholders' interests. Usually that interest is "make a good return" but there's no reason it needs to be that. Maybe the shareholders formed a company to create functional art. In which case, money is merely a means to the end.

(I don't know the law, though, so maybe there is some legal requirement to make money)




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