Apple board member Al Gore sells $29.5M of company stock

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Comments

  • Reply 41 of 60
    carnegiecarnegie Posts: 1,078member

    Soli said:
    JJT said:
    jonagold said:
    As a long time shareholder I'm sure glad to see my shares being diluted by this guy. What has he done for the company?  You'd a thought he would have used his valuable political pull to open up repatriation or something...looks like Trump might be giving us that free of charge.  And who made this jetsetter the environmental expert?  I'm sure his 2¢ on the matter don't add up to half of one. 
    and Apple hasn't paid dividends in roughly twenty years or more.
    Bullshit. They've paid out every quarter for the past 5 years.
    Almost every quarter... they've paid dividends for 19 quarters (starting in the third calendar year quarter of 2012).
  • Reply 42 of 60
    carnegiecarnegie Posts: 1,078member

    Soli said:
    jakeb said:
    Not to claim that Apple is doomed, it's not. But I do wonder why he'd sell half his shares before the lead up to what is being predicted to be the mother of all upgrade cycles this summer. 
    Being on the board doesn't he have to put in his desire to sell well in advance?
    Not necessarily. And the SEC filings don't indicate that Mr. Gore's recent stock sales were made pursuant to a trading plan.

    I don't recall if any of his previous Section 16 filings indicated that his sales were made pursuant to a trading plan. But I also don't recall him selling shares any time in recent memory - going back years. To be honest, I'm not sure he has sold shares since he joined the Apple board. He may have years ago and I just don't remember (or didn't notice at the time).
    Soli
  • Reply 43 of 60
    flaneurflaneur Posts: 4,526member
    What exactly has Apple Gore done for Apple? What does he bring to the company? Nothing, that's what.
    Read the thread, use your head. Apple's renewable energy policy, possibly the best in the US if not the world. This is a huge part of their strategy for global sustainability for decades to come.
    edited February 2017 anantksundarammontrosemacspscooter63fastasleep
  • Reply 44 of 60
    What does Mr Gore or any other Board member actually contribute to the operational performance of Apple Inc? This question also applies to many other Fortune 500 Board of Directors.
  • Reply 45 of 60
    ireland said:
    Comments are a mess.
    Surprise.
    SpamSandwichfastasleep
  • Reply 46 of 60
    crowleycrowley Posts: 10,453member
    What does Mr Gore or any other Board member actually contribute to the operational performance of Apple Inc? This question also applies to many other Fortune 500 Board of Directors.

    Apple’s Board of Directors

    Apple's Board of Directors oversees the Chief Executive Officer and other senior management in the competent and ethical operation of Apple on a day-to-day basis and assures that the long-term interests of shareholders are being served. To satisfy the Board's duties, directors are expected to take a proactive, focused approach to their positions, and set standards to ensure that Apple is committed to business success through the maintenance of high standards of responsibility and ethics.

    http://investor.apple.com/corporate-governance.cfm
    Do you have any concerns about the competent and ethical operation of Apple, or that long-term interests of shareholders are being served?

    If not, I'd suggest they'd doing at least an ok job.
    singularity
  • Reply 47 of 60
    SoliSoli Posts: 10,035member
    crowley said:
    What does Mr Gore or any other Board member actually contribute to the operational performance of Apple Inc? This question also applies to many other Fortune 500 Board of Directors.

    Apple’s Board of Directors

    Apple's Board of Directors oversees the Chief Executive Officer and other senior management in the competent and ethical operation of Apple on a day-to-day basis and assures that the long-term interests of shareholders are being served. To satisfy the Board's duties, directors are expected to take a proactive, focused approach to their positions, and set standards to ensure that Apple is committed to business success through the maintenance of high standards of responsibility and ethics.

    http://investor.apple.com/corporate-governance.cfm
    Do you have any concerns about the competent and ethical operation of Apple, or that long-term interests of shareholders are being served?

    If not, I'd suggest they'd doing at least an ok job.
    He has a point. Directors are excessively well paid for the little effort they put in. Gore and other board members aren't working for Apple on a day-to-day basis, despite what that blurb says. Generally, the boards get together every quarter. It could be more or less, depending on the company and board member. Most of them are active executives of other corporations. The only Apple board member that is working for Apple on a day-to-day basis is Tim Cook.

    edited February 2017
  • Reply 48 of 60
    GeorgeBMacGeorgeBMac Posts: 11,421member
    He probably needed the money for the ARK he is going build to rescue Miamians when their city joins Atlantis under the waves.
  • Reply 49 of 60
    jonagold said:
    As a long time shareholder I'm sure glad to see my shares being diluted by this guy. What has he done for the company?  You'd a thought he would have used his valuable political pull to open up repatriation or something...looks like Trump might be giving us that free of charge.  And who made this jetsetter the environmental expert?  I'm sure his 2¢ on the matter don't add up to half of one. 
    I agree. If Apple wants to have itself marginally insulated from getting shafted in Washington, they need to face the music and get away from their one-sided political views. About half of the US disagrees with the progressive political views of their board. It's unwise to be tunnel visioned.
    Sorry, but Apple will never adopt right-winger views just to appease old white guys, or under some misguided notion that all opinions are equal. They aren't. Some are most definitely better than others. 
    Thanks for your racist opinion, but it's not about adopting "right-winger" views, it's about depoliticizing Apple. Their job is to make "insanely great" products, not lecture Americans about how wrong they are for holding opposing views.
    edited February 2017 buzdots
  • Reply 50 of 60
    hexclockhexclock Posts: 1,251member
    Al Gore has a net worth of 300+ million. Does that put him into the so called 1%?
  • Reply 51 of 60
    flaneurflaneur Posts: 4,526member
    jonagold said:
    As a long time shareholder I'm sure glad to see my shares being diluted by this guy. What has he done for the company?  You'd a thought he would have used his valuable political pull to open up repatriation or something...looks like Trump might be giving us that free of charge.  And who made this jetsetter the environmental expert?  I'm sure his 2¢ on the matter don't add up to half of one. 
    I agree. If Apple wants to have itself marginally insulated from getting shafted in Washington, they need to face the music and get away from their one-sided political views. About half of the US disagrees with the progressive political views of their board. It's unwise to be tunnel visioned.
    Sorry, but Apple will never adopt right-winger views just to appease old white guys, or under some misguided notion that all opinions are equal. They aren't. Some are most definitely better than others. 
    Thanks for your racist opinion, but it's not about adopting "right-winger" views, it's about depoliticizing Apple. Their job is to make "insanely great" products, not lecture Americans about how wrong they are for holding completely valid opposing views.
    The job of Apple's board and executives is to influence government policy makers, including influencing public opinion, to make the business environment friendly for Apple's global operations.

    This would include the basic rights of their diverse employees, as well as the free travel of intellectual talent that Apple must recruit from around the world, not to mention the unfettered trade in parts and assemblies from technologies not available in the US for two generations now, such as one of the most critical elements, the displays, and including most of the production knowledge in electronics and fine mechanisms.

    Opposing Apple and other global tech companies is the cabal of retrograde right-wing billionaire business owners such as Robert and Rebekah Mercer, Rupert Murdoch, and the Koch brothers, who have funded a savage anti-global, national socialist-inspired campaign of propaganda, lies and fake news to get this new president elected, in order to repress the new global enterprises and make them servants of nationalism — in other words, to militarize or weaponize them in returning America back to a fortress such as existed in the 1950s.

    To sum up, Apple and the other tech firms have to defensively oppose the organized takeover orchestrated by the radical billionaire nationalists.


    edited February 2017 dsdmontrosemacsapple jockeyfastasleep
  • Reply 52 of 60
    mpantonempantone Posts: 2,040member
    ireland said:
    Comments are a mess.
    They get worse every week and they weren't all that good 2-3 years ago.

    The financial discussions are especially bad. I don't think any Apple rumors blogger (here or anywhere else) can get the ex-dividend date right. Heck, Daniel Eran-Dilger can't even get Price/Earnings correct (he wrote Profit/Earnings originally before it was silently edited).

    Discussion on Apple rumor sites is approaching the level of Yahoo Answers.

    We get long-time AppleInsider commenters describing plugging in a phone in your car as "awkward" without a single acknowledgement that it is beneficial to charge these devices. Mind numbingly asinine.

    So sad.
  • Reply 53 of 60
    hexclock said:
    Al Gore has a net worth of 300+ million. Does that put him into the so called 1%?
    Obviously. And that only illustrates the stupidity of commonly used class warfare rhetoric.
    edited February 2017
  • Reply 54 of 60
    linkmanlinkman Posts: 1,035member
    mpantone said:
    Discussion on Apple rumor sites is approaching the level of Yahoo Answers.
    Nothing is that bad.
    fastasleep
  • Reply 55 of 60
    ireland said:
    Comments are a mess.
    And yet a sizable number remain.  It wasn't that long ago that the "closed to comments" anvil would fall within hours (or even minutes) of a politically-charged article posting.

    It does make one wonder if there is bias afoot.  Hard to judge, because the comments in those other threads were deleted so quickly and completely.
  • Reply 56 of 60
    Rayz2016 said:
    Maybe they're focussing on the progressive half that can adapt to change and so earns the most money. 
    Of course that adapting to change must surely include paying "their fair share" of taxes, which most liberal folks directly attribute to the dastardly, blood-sucking conservatives... you know, the ones that earn the most money. 
  • Reply 57 of 60
    What exactly has Apple Gore done for Apple? What does he bring to the company? Nothing, that's what.
    "Apple Gore" has served on the board of directors, that's what. Do YOU know what they do behind closed doors? No? Oh.

    bells said:
    sflocal said:
    Time to vote Al off the island.  
    He's done little for Apple as far as keeping them ahead of political trends.
    Hey.... if it weren't for Al, we wouldn't have the Internet... and no Apple. /s

    Seriously, imho Al has been a dead weight on the board.  Does anyone have any info on what Gore has done in the past decade?


    I'd be more interested in what you did in the last decade. I at least know who Al Gore is. Steve Jobs also personally picked Al Gore for Apple's board. I wonder why he didn't call you?
    He personally picked Tim Cook for CEO and a lot of people don't like that.
    That's their problem.
  • Reply 58 of 60

    JJT said:
    jonagold said:
    As a long time shareholder I'm sure glad to see my shares being diluted by this guy. What has he done for the company?  You'd a thought he would have used his valuable political pull to open up repatriation or something...looks like Trump might be giving us that free of charge.  And who made this jetsetter the environmental expert?  I'm sure his 2¢ on the matter don't add up to half of one. 
    Trump may be giving that "free of charge" but the big problem is that Apple plans to use a major portion of what comes back to buy back it's own stock...not pay out dividends, and Apple hasn't paid dividends in roughly twenty years or more. So, that profit that went overseas and is returning is, in reality, really being "traded" for the stock you own. Don't sell your Apple stock---at least not until you get those dividends... (Unless Apple has paid out dividends sometime over the past while and I just missed it...)
    I've been getting dividends from Apple since 2012. You could've spent a fraction of the time used to post that by looking it up yourself.
    edited February 2017
  • Reply 59 of 60
    flaneur said:
    What exactly has Apple Gore done for Apple? What does he bring to the company? Nothing, that's what.
    Read the thread, use your head. Apple's renewable energy policy, possibly the best in the US if not the world. This is a huge part of their strategy for global sustainability for decades to come.
    You're talking to the guy who thinks Eddie Cue just shops for Hawaiian shirts all day long.
  • Reply 60 of 60

    jonagold said:
    As a long time shareholder I'm sure glad to see my shares being diluted by this guy. What has he done for the company?  You'd a thought he would have used his valuable political pull to open up repatriation or something...looks like Trump might be giving us that free of charge.  And who made this jetsetter the environmental expert?  I'm sure his 2¢ on the matter don't add up to half of one. 
    I agree. If Apple wants to have itself marginally insulated from getting shafted in Washington, they need to face the music and get away from their one-sided political views. About half of the US disagrees with the progressive political views of their board. It's unwise to be tunnel visioned.
    Sorry, but Apple will never adopt right-winger views just to appease old white guys, or under some misguided notion that all opinions are equal. They aren't. Some are most definitely better than others. 
    Thanks for your racist opinion, but it's not about adopting "right-winger" views, it's about depoliticizing Apple. Their job is to make "insanely great" products, not lecture Americans about how wrong they are for holding opposing views.
    Sure, if you want to take an insanely narrow view of what their "job" is. They also have a responsibility to their impact on the environment, how their employees and contractors are treated, and how their suppliers do the same, and to protect their customers' safety and privacy.

    What are the progressive political views that you think are tunnel visioned? Their support for human rights? The internal statement supporting their employees directly affected by the travel ban? Standing up against the FBI's dangerous request for a backdoor in iOS? Using renewable energy sources when everyone should be moving off carbon as quickly as possible? Making their devices less toxic and more recyclable? Seriously, what is the actual problem?

    When have they lectured Americans for holding opposing views? Care to back up that assertion?
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