An Open Letter to Tim Cook, CEO of Apple – What Apple Should Do with Its Massive Piles of Money

AIRnet president Bill Lazonick’s open letter to Tim Cook, CEO of Apple, appeared in HBR Blog Network on October 20, 2014. In this letter, Bill Lazonick explains why he views the $51 billion already spent by Apple on open market (including accelerated) share repurchases under Tim Cook’s leadership as a major misallocation of resources for both the company and the U.S. economy.

Click HERE to read the full text.