“Apple CEO Tim Cook held a town hall meeting last week to celebrate Apple’s record quarter, and in addition to giving employees deep discounts on Apple products, we’re now hearing that he spent quite a bit of time focusing on Apple’s charitable contributions,” Nilay Patel reports for The Verge.
“According to our sources, Cook said that Apple has donated a total of $50 million to Stanford’s hospitals, split into $25 million for a new main building and $25 million for a new children’s hospital,” Patel reports. “Cook also spent quite a bit of time talking about Apple’s status as the leading contributor to Product RED, and expressed pride that Apple’s given over $50 million to the effort since it started.”
Patel reports, “That’s a marked contrast from the tenure of Steve Jobs, who faced numerous questions about his philanthropic efforts during his life and, according to the new book Inside Apple, reportedly once told employees that giving away money was a waste of time.”
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