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Just last week, we reported on the lawsuit raised by Greenlight Capital's David Einhorn. Apple quickly responded to the kerfuffle, essentially calling Greenlight's accusations bogus on a number of grounds. Today, Apple CEO TIm Cook has publicly given his take on the matter, and it appears he's less than amused.
"So frankly I find it bizarre that we would find ourselves being sued for something that’s good for consumers," Cook said during a Goldman Sachs investor meeting. "I think it’s a…it’s a silly sideshow, honestly."
The Greenlight lawsuit, and subsequent appeal to other Apple shareholders, revolved around Cupertino's posting of Proposal #2 in December -- a move Greenlight claims would prevent the issuance of preferred stock. Apple asserts this isn't the case, and the company continues to speedily distribute $45 billion of cash to shareholders.
Based on Cook's comments, Apple doesn't seem all too concerned about the issue. The CEO mentioned a preference for gathering all the money being dumped into the argument, by both sides, and donating it to charity.
Follow this article's author, Matt Clark, on Twitter.
Image Source: 9to5Mac