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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.
Sulawesi in the aftermath of a tsunami, image via Reuters
Apple CEO Tim Cook this morning tweeted about Apple's $1 million donation.
Apple often accepts donations from iTunes customers for relief efforts on its website, in the App Store, and in the iTunes Store, but right now, Apple is continuing to collect customer donations for hurricane Florence relief efforts.
Apple last month also donated $1 million to the American Red Cross to support relief efforts in North and South Carolina.
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.
Our hearts go out to the people of Sulawesi and all of Indonesia after this weekend’s devastating earthquake and tsunami. Apple is donating $1 million to aid relief efforts as this beautiful country starts to rebuild.
— Tim Cook (@tim_cook) October 2, 2018
Apple often accepts donations from iTunes customers for relief efforts on its website, in the App Store, and in the iTunes Store, but right now, Apple is continuing to collect customer donations for hurricane Florence relief efforts.
Apple last month also donated $1 million to the American Red Cross to support relief efforts in North and South Carolina.
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10 months ago
I know they don't have to give at all but that seems like a pathetic amount. According to some sources, they make 5.3 million dollars every hour.
This site gives sobering statistics.
http://www.everysecond.io/apple
It’s a million dollars. That’s a lot of money. Nothing for Apple, but it’s a lot of money.
Why can’t you just accept the good deed. Boy is this place bitter and jaded.
10 months ago
Kudos, and thank you for your humanity.
There will be some who will ask "Why not one billion". Regardless, any help is welcome.
There will be some who will ask "Why not one billion". Regardless, any help is welcome.
10 months ago
Before anyone says it’s not enough, remember 2 things:
[LIST=1]
* 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.
[LIST=1]
* 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.
10 months ago
I know they don't have to give at all but that seems like a pathetic amount. According to some sources, they make 5.3 million dollars every hour.
[doublepost=1538501232][/doublepost]
I know they don't have to give at all but that seems like a pathetic amount. According to some sources, they make 5.3 million dollars every hour.
10 months ago
Hmmm... I sent 1.2% of my available cash.
Apple sent 0.00035% of theirs.
But their fraction will dwarf my fraction in the amount of help it does.
Apple sent 0.00035% of theirs.
But their fraction will dwarf my fraction in the amount of help it does.
10 months ago
I know they don't have to give at all but that seems like a pathetic amount. According to some sources, they make 5.3 million dollars every hour.
This site gives sobering statistics.
http://www.everysecond.io/apple
How much did Amazon give? How about Facebook?
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.
10 months ago
I know they don't have to give at all but that seems like a pathetic amount. According to some sources, they make 5.3 million dollars every hour.
This site gives sobering statistics.
http://www.everysecond.io/apple
This site gives sobering statistics.
http://www.everysecond.io/apple
10 months ago
Shareholders and the board question the donation and charity. no matter how big the company is shareholders refuse to give away free money to any cause. So this million is nothing more than a media headline for Apple just like anyone else who helps. Companies are existed to make money and maximize profits every year. charity is not part of their goals. But as humans we feel sad and angry by this humble contribution of the 1 trillion dollar company.
Exactly. And it's on macrumors to make everyone feel good about their buying choices. It's like they donated money for everyone here so they don't have to.Except it is just a million. And as I pointed out individual people more than doubled what Apple donated last time this was on macrumors.
But phones over 1k dollars helped so out of the kindness of apple's hearts they could donate a entire million dollars.
10 months ago
I'm saddened by this news 7.5 magnitude earthquake and subsequent tsunami that hit Indonesian. I feel so sorry for those people who lost their home, family, friends & pets.:(:(:(:(
For your information:
$1Million is lots of money convert into Indonesian rupiah 15,028,518,787.79 IDR
For your information:
$1Million is lots of money convert into Indonesian rupiah 15,028,518,787.79 IDR
10 months ago
It does seem like a small amount but they’ve started giving to lots of meaningful issues both financially and by recognition. Tim has already taken the company a long way down an important road in this respect.
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