Apple's annual shareholder meeting held at Apple headquarters in Cupertino California on Wednesday. Apple All directors were re-elected at the shareholders' general meeting. Apple CEO Tim Cook • voting rate reached 99.1%.
In addition, the shareholders' meeting also approved the accounting firm hired by Apple, and passed the non-binding proposal to vote on executive pay. However, a requirement for executives must hold Apples’ 33% stock before retirement was rejected. Apple announced the complete proposal in the proxy statement.
In the Q & A session of the shareholders' meeting, Cook said he was aware that the shareholders was "disappointed" the current share price of Apple, but Apple focus on long-term development, revenue and profit is a secondary issue. In addition, Cook also said that Apple was developing a "new type" of the product, but did not disclose more information.
Last year's shareholders' meeting did not bring major changes to Apple. There are rumors that Apple will announce a stock split plan, so Apple shares rose on Tuesday. However, Apple has not announced this plan at the shareholders' meeting.
