Quoted: Tim Cook on Apple’s culture and more

“Apple is this unique company, unique culture that you can’t replicate. And I’m not going to witness or permit the slow undoing of it — because I believe in it so deeply.”

Tim Cook, Apple CEO, at Goldman Sachs’ investor conference Tuesday (transcript), where he answered questions about how he would lead the company differently from the late Steve Jobs — the New York Times noted that for one thing, Jobs avoided making such appearances at investor conferences. Cook also talked about Apple’s manufacturing practices, which have been under more public scrutiny lately because of working conditions in China. He said Apple will release data every month that shows the percentage of suppliers that are complying with the company’s labor standards. “No one in our industry is doing more to improve working conditions than Apple,” he said. In addition, Cook answered questions about a possible dividend, saying “it is being discussed more and in more detail.” The company said during its January earnings call that it has $97.6 billion in cash on hand.


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