Apple CEO Tim Cook Says FBI Kerfuffle ‘Doesn’t Scare Us’

Apple CEO Tim Cook is standing up for his company, amid growing pressure from the FBI to unlock the iPhone of the San Bernardino killer.
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Apple (AAPL) CEO Tim Cook is standing up for his company, amid growing pressure from the FBI to unlock the iPhone of the San Bernardino killer. At its annual shareholder meeting on Friday, Cook said its disagreement with the Federal government ‘doesn’t scare us.’ Apple shareholders also reelected each of the 8 members on its board, which includes former Vice President Al Gore and Disney (DIS) CEO Bob Iger. Other proposals on the docket at this year’s shareholder meeting like limiting carbon emissions and restricting business in countries with poor human rights histories didn't get the greenlight from shareholders. Shares of Apple are down 7.8 percent since the start of the year. TheStreet’s Scott Gamm reports from Wall Street.