Tim Cook has been the president of Apple for about 5 years, and during this time he has made a variety of more or less controversial decisions regarding the future of the company he leads, and if you've ever wondered who advises him in life day to day, well the CEO revealed everything yesterday.
Among the most famous people from whom Tim Cook asks for advice are the former president of the USA, Bill Clinton, the president of the Goldman Sachs bank, Lloyd Blankfein and the famous investor Warren Buffett, all these people helping the current president of Apple to make the most important decisions good in difficult situations.
Tim Cook relied on Warrent Buffett's advice when he made the decision to return the money to the shareholders who invested in the shares of the Apple company, stating that although he asks for advice, he does not always act on the basis of the recommendations made by these people, which is perfect normal.
When I was going through [the question of] what should we do on returning cash to shareholders, I thought who could really give us great advice here? Who wouldn't have a bias? So I called up Warren Buffett. I thought he's the natural person, and so I try to go through that process on everyone. That doesn't mean I always do what they say.
When it came time to defend the decision to keep two-thirds of Apple's money outside the US and avoid paying taxes on those amounts, Tim Cook relied on Goldman Sachs chairman Lloyd Blankfein for advice because he had been through a similar situation. with the bank it represents.
Former American President Bill Clinton, Tim Cook met with the help of Steve Jobs' widow, Laurene, this being one of the people very close to Tim Cook, she knowing the love he has for the Apple company, something he also had Steve Jobs.
For the hearing [about Apple's tax practices in 2013], I've never testified in front of Congress before. So I called up [Goldman Sachs CEO] Lloyd Blankfein, because I looked back to say who's done this before? I knew Lloyd and thought he'd be honest with me. I called up President Clinton. He knows a lot about politics. I didn't meet him through a political connection. I'd put him through the foundation. I went to Laurene, Steve's wife. Laurene has the lens of knowing me and deeply understanding Apple.
More interesting details can be found in this interview.
