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.
According to TechCrunch, Cook referred to the Greenlight lawsuit as a "waste of shareholder money," among other things.
"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.
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Image Source: 9to5Mac
