From the Apple shareholders' meeting: Approvals, 'new categories' and another campus delay
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.
Subscribe to Newsletter
Software Updatesmore updates
- Daily App: MyScript Calculator solves your hand-written math equations
- Findery app lets you discover the world around you using annotated notes and maps
- The Learnist app brings its crowd-sourced collection of information to your iPhone
- My cat Cinnamon reviews Friskies Cat Fishing 2
- Photo Grid Collage Maker is capable and free
- iExit gets new features and is now free