Tim Cook: Apple donates $0 politically, no PAC because they ‘shouldn’t exist’

Apple, as a company, does not donate any money to political candidates,CEO Tim Cook said on Tuesday. Apple is the rare corporation that keeps its pocketbook out of political elections by having no formal political action committee (PAC), CEO Tim Cook said on Tuesday, speaking at the Time 100 event. Apple’s lack of a PAC is verified by Open Secrets, the organization that tracks money in politics.

Source: www.businessinsider.com