Simply having money shouldn't, per se, be used as a reason to assume guilt. This is not a good way to get to a more civilized world where living right and working hard leads to the good life and all that.
(Yes, I'm aware we have some serious issues in the US with not adequately equitably distributing wealth. A policy of "hang 'em high because they are rich!" doesn't fix that.)
I disagree, well technically I agree that having money shouldn't equate guilt - but Apple makes a lot of money and chose to make some more money by partnering with a supplier that was using child labour. They didn't start that partnership with that understanding but they did continue it and they certainly have the means to drop that supplier in favor of a supplier that didn't use child labour... changing suppliers is expensive in terms of having a steady supply line and in terms of having a cheap supply line - delaying dropping them for a month or two while you line up some alternate manufacturer because of up-stream dependencies is probably acceptable but they had the money to fix this pretty quickly - certainly more quickly than three years down the road.
His point is that they have enough of a kitty to cut ties rightaway, then eat their losses for a while due to supply chain disruption. They took it slow, running out their existing contracts without breaking them unilaterally (which would have come at some minor cost) and hoping that no one found out.
(Yes, I'm aware we have some serious issues in the US with not adequately equitably distributing wealth. A policy of "hang 'em high because they are rich!" doesn't fix that.)