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Comment by UncleOxidant

3 days ago

> But we can also argue that dropping some hundreds of millions in VC capital is less immoral than other activities, such as holding that money in liquid assets.

It really depends a lot on how those liquid assets are deployed.

I agree that Apple should have probably done something with their cash hoard like maybe buying or bolstering Intel so that they could have a domestic supply of chips, but apparently Apple has decided that there's just not much else to do with that money right now that would give them a better return? We might not agree with that assessment, but it's hard to call it immoral.