Latest in Apple

Image credit:

From the Apple shareholders' meeting: Approvals, 'new categories' and another campus delay

Mike Schramm
February 27, 2013
Share
Tweet
Share

Sponsored Links

The Apple shareholders' meeting was held in Cupertino earlier today, and CNBC has a full liveblog of all of the proceedings. There wasn't a lot of hard news out of the meeting, as most of it was taken up with bureaucratic goings-on, including the approval of a certain accounting firm, a few votes on executive payments and the defeat of a proposal to create a Human Rights board committee at the company. All of Apple's directors were re-elected, and Tim Cook got a 99.1 percent approval rating from investors there.

After the meeting, Cook took some questions from shareholders and answered them. He agreed that Apple is just as disappointed as investors in "where the stock trades now versus a few months ago -- but we're focused on the long term." Cook crowed about Apple's huge growth so far, and promised that "obviously we're looking at new categories -- we don't talk about them, but we're looking at them."

Finally, Cook gave an update on Apple's new campus, saying that the work is ongoing, but it's proving to be a much bigger project than expected. Last we heard, the project was set to be all done in 2015, but Cook now says that, "I project that we will move in, in 2016." You can read through all of the notes of the meeting on CNBC's site.

[via MacRumors]

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
Comment
Comments
Share
Tweet
Share

Popular on Engadget

Windows XP source code leak sheds light on Microsoft's OS history

Windows XP source code leak sheds light on Microsoft's OS history

View
NASA wants ideas for keeping Moon missions powered in the dark

NASA wants ideas for keeping Moon missions powered in the dark

View
NASA delays its Titan drone mission by another year

NASA delays its Titan drone mission by another year

View
SpaceX scales back plans for Starship's first high-altitude flight

SpaceX scales back plans for Starship's first high-altitude flight

View
Apple Watch Series 3 owners deal with random reboots in watchOS 7

Apple Watch Series 3 owners deal with random reboots in watchOS 7

View

From around the web

Page 1Page 1ear iconeye iconFill 23text filevr