May 3, 2024

Apple Shareholder Meeting: 25 New China Stores

Posted February 25, 2010 at 3:28pm by iClarified · 3127 views
Fortune has posted some information about the Apple Shareholder Meeting sourced from texts sent secretly from inside the meeting.

The press was not allowed to bring communication devices into the event that began at 1 p.m. EST today.

Here are some select quotes...

12:59 Board now taking their seats [Al] Gore, [Andrea] Jung and [Bill] Campbell all in the house. Now Apple mgmt. [Steve] Jobs in the house kicking off the mtg

1:00: Jobs looks good!

1:27 Sustainability proposal voted down by shareholders. Steve back on stage with [COO] Tim Cook and [CFO] Peter Oppenheimer. Shareholder says very glad to have Jobs health and back! big applause! Jobs thanks Tim Cook for his stewardship

1:43 Twenty five Apple Stores planned for China [Ed note: This is material news.]

1:50 Steve answering vast majority of Qs … He is looking and sounding in fine form!

1:54 Steve is as feisty as ever (suggesting that questioners come to an actual question) and in good humor!

2:08 In response to more environmentalists' Qs, Jobs is very cogently and passionately defending Apple's environmental record. Another shareholder then asked a longwinded Q about what Apple/Jobs fears. "What keeps you awake at night?" … Jobs deadpans: "Shareholders meetings." Audience erupts in laughter ;)

2:12 iPhone exclusivity question (Verizon): No comment… Not even a hint

2:19 Meeting winding down. Jobs cracking jokes … In total charge of the meeting, now over

You can read additional text messages sent from the meeting using the link below...

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