> Cook, a proud Alabama native, believes the inauguration is a great American tradition, and is donating to the inauguration in the spirit of unity, the sources said.
https://www.axios.com/2025/01/03/tim-cook-apple-donate-1-mil...
He basically paid $1M to try and save thousands of jobs at Apple (and of course increase Apple’s value)
Apple is the 8-th largest company in the world by revenue [1]. If they wanted to oppose the admin, they would be uniquely positioned to do so. That they choose not to tells me that either they support the admin or that they choose not to. That they chose the option that shows active support for the admin has a negative impact on my ability to empathize with their CEO.
[1] https://en.m.wikipedia.org/wiki/List_of_largest_companies_by...
Shareholders can sue, yes, but in the U. S. you can sue anyone for anything, and "suing" is not the same as "winning".
It is also entirely true that you cannot just do whatever you personally want with shareholder money.
The truth here is in the middle.
Apple (well, Cook) certainly did not have to donate to him. But the fact of the matter is that they will have to work with this administration to run their business over the next 4 years, and I am sure that $1m is a small investment to make Cook's life easier.
This is true. But it has nothing to do with fiduciary duty.