alt Hacker NewsApple is a multi-trillion dollar public company.
It would be unusual for a leader of such a thing not act in accordance w/ shareholders' best interests, as well to defy likely board guidance.
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jmye • yesterday at 9:48 PM
“Capitulating to the current regime on everything is in shareholder’s best interests” is neither a foregone conclusion nor a statement of fact. It’s economic myopia at best.
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Most shareholders may not care beyond the next quarter, but CEO action that led to those results were made couple of years ago at least, and current action will do as much to determine not the next quarter, but one slightly further in the future. Hence Jamie Dimon, for example, making a different decision in a similar matter. As Dimon explained: “[…] we have to be very careful about how anything is perceived, and also how the next DOJ is going to deal with it. So, we’re quite conscious of risks we bear by doing anything that looks like buying favors or anything like that”[1].
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[1] https://www.cnn.com/2025/11/05/business/video/jp-morgan-chas...