Apple Donates $1 Million to Earthquake and Tsunami Relief Efforts in Indonesia
Apple is donating $1 million to aid in relief efforts in Indonesia after Indonesian island Sulawesi was devastated by a 7.5 magnitude earthquake and subsequent tsunami on September 28.
Following the disaster, more than 1,000 people have died in Sulawesi and several other Indonesian islands have been hit with aftershocks and similar quakes.
Apple CEO Tim Cook this morning tweeted about Apple's $1 million donation.
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Top Rated Comments
Why can’t you just accept the good deed. Boy is this place bitter and jaded.
There will be some who will ask "Why not one billion". Regardless, any help is welcome.
* Apple is owned by the shareholders and has a fiduciary responsibility to maximize their value, not donate money. They don’t have to donate anything.
* $1M is still a lot of money.
Apple sent 0.00035% of theirs.
But their fraction will dwarf my fraction in the amount of help it does.
These are corporations, not governments. They needn't give anything at all actually. You want to give Apple a million dollars of negative publicity over the issue? It's a positive thing to give money.
If this donation equals 0.01% of Apple profits for the week - maybe you can consider matching that percentage and donate as well?
Just some thoughts that come to mind when I hear someone putting a negative slant to philanthropy.