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Summary:

At its annual shareholder meeting today in Cupertino, Calif., Apple did not reveal much of anything new. While it was CEO Tim Cook’s first such meeting since taking over as CEO, the biggest news was what didn’t happen: there was no dividend for shareholders announced.

timcook

At its annual shareholder meeting today in Cupertino, Calif., Apple did not reveal much of anything new. While it was CEO Tim Cook’s first such meeting since taking over as CEO of Apple in August, the biggest thing to come out of it was what didn’t happen: there was no dividend for shareholders announced, much to the likely chagrin of those in attendance.

Here are a few other notable bits that came out of the meeting:

  • Apple doesn’t hate Facebook. Cook reportedly called the social networking giant (with whom it has had previous disagreements) “a friend.” He also expressed that he “always thought that the two can do more together,” reports Forbes. Still, Apple has no plans to incorporate Facebook into any of its operatings systems the way it has with Twitter.
  • Cook has near-unanimous support from shareholders. He got 98 percent “yes” votes in his nomination to Apple’s board of directors, according to AppleInsider. While he got the highest percentage of yes votes, all board members were re-elected.
  • Even though there was no dividend announcement Thursday, Cook didn’t rule it out. According to AllThingsD, he said, “My message there is that the board and the management team are thinking about this very deeply … and we will do what we think is in the best interest of shareholders.”
  • Despite repeated jokes about it on Twitter, Apple has not looked into buying Greece with its $98 billion in cash and liquid assets.
  1. Zach Bornheimer Thursday, February 23, 2012

    I could see it now…introducing a revolutionary new product…the iGreece

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  2. “While he got the highest percentage of yes votes,”

    Go on…

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    1. Eek, forgot to finish my thought. Thanks for catching that! Should be fixed now.

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  3. LittleBiggyGirl Thursday, February 23, 2012

    all i’m interested in is what tim cook wore to address the shareholders… the guy needs a stylist. http://littlebiggy.org/4648387

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  4. Please save us from our politicians !! Buy Greece ! We may have a hope of make it profitable !! LOL
    A Greek …

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  5. Matthew Johnson Friday, February 24, 2012

    Well, duh! Apple has only $98 billion to play with, the Greek debt alone is $206 billion.

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  6. greece is not for sale.for sele germany.

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  7. greece is NOT for sale.buy germany.

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  8. only a perverse society would a) not find this offensive, and b)hop on the bad joke wagon

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