Apple's Town Hall Meeting Emphasized Corporate Philanthropy

last week, following apple's blockbuster earnings report, company held internal town hall meeting employees discuss "exciting new things". while 1 piece of information new employee hardware discounts did surface, little else meeting has made way off of apple's campus.

the verge reports has been hearing discussion of company's philanthropic efforts notable focus of event, tim cook spending "quite bit of time" talking company's work in area. 1 of cook's first visible actions ceo institute charitable matching program employees under company match donations $10,000 per employee per year, move marked distinct departure apple following steve jobs era. program resulted in $2.6 million in donations in first 2 months of existence.

according the verge, cook disclosed @ town hall meeting apple has given $50 million stanford university's hospitals, divided equally among projects new main hospital , new children's hospital. apple's involvement in stanford's philanthropic efforts hospitals announced last year part of consortium involving ebay, hp, intel, intuit , oracle, apple's specific monetary commitment effort had not been revealed.

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apple ceo tim cook held town hall meeting last week celebrate apple's record quarter, , in addition giving employees deep discounts on apple products, we're hearing spent quite bit of time focusing on apple's charitable contributions. according our sources, cook said apple has donated total of $50 million stanford's hospitals, split $25 million new main building , $25 million new children's hospital.

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cook reportedly addressed apple's work (product) red, bono-led effort fight aids, cook noting company has given on $50 million project through special (product) red-branded ipods , accessories. bono had cited apple's involvement in (product) red in rebuffing criticism of jobs regarding lack of public philanthropy.

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