Earlier this year, Ralph Nader criticized the company's stock repurchase program plan, writing an open letter to Apple CEO Tim Cook. Now, Nader has also returned to express an unwelcome thought on how Apple should spend "billions of dollars in excess".
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According to this week's NPR, Nader explained that instead of buying stocks, they should use the funds, such as increasing the number of employees.
"this is, [the number of] employee. That may have been used to finance the pension fund, "Nader said about the amount Apple spent on stock repurchases.
In addition, he says that money was spent on improving the recycling practices of older mobile phones, increasing research and development, or increasing dividends to shareholders. Nader acknowledged that Apple is doing a lot of efforts to improve working conditions and recycling practices, but the company believes it can do more.
For example, he points out the amount that an employee in the Apple supply chain does in China.
"The kind of income Chinese workers do under the huge pressure of contractors is not really living wages even in China," Nder said.
After all, Nader admits that it is not using iPhone or Mac, but instead uses Underwood typewriter to meet this technical need. "They know how to make huge amounts of money on expensive iPhones, but they do not know how to use it productively," he said.
Earlier this year Nader publicly criticized Apple's expenditure plan and said the company should use cash for product price reduction, fight against obesity, and other things. His comments were generally satisfied in the previous criticism …