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Highlights Including Apple Car And Re‐election Of Board Members During The Apple Shareholder’s Annual Meeting

The annual meeting for Apple shareholders was held on February 26th 2016 in the morning. The company’s CEO Tom Cook and the other lead members were also part of the company. From those who were part of the meeting, a lot interesting questions were put up for which even the answers that were given were pretty interesting.

Highlights Including Apple Car And Re‐election Of Board Members During The Apple Shareholders Annual Meeting

Part of the discussion that took places at the headquarters of the company included the concerns pertaining the diversity of the higher management that was raised by Cupertino. The other hot topic of discussion was the ongoing dispute between the FBI and the company pertaining to the iPhone that was used by the accused of the Saint Bernardino shooting. The other thing that was part of the meeting was also about the new electric car that is being developed by the company.

Earlier in the week, Cook was asked about the people who were employed for the car project as well as about the various teams that was associated with it. In a very generic manner, Cook replied that the company did not need to invest a huge amount just to explore a particular area. He even further stated that the EV was still in the initial stages of development and had not yet reached the final stage.

If you look at the answers provided by Cook today in comparison to what he told the shareholders a year back, you will get to see that there is a lot of focus of the company on Car Play. It is also seen that the company and Tesla have no relationship Apart from the hot topics that has been surrounding the company for which has been on the news, there were also talks about regular business also. During the meeting, there was also a board re‐election that took place. The 8 board members of the company are Tim Cook, Susan Wagner, Ronald Sugar, Andrea Jung, Bob Iger, Al Gore, James Bell and Art Levinson.

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