Apple Shareholders Elect Directors, Approve Executive Pay

CUPERTINO, CA - Apple Inc. (NASDAQ:AAPL), currently the world’s largest company by market capitalization at $3.7 trillion and trading near its 52-week high, held its 2025 Annual Meeting of Shareholders today, where several key proposals were voted upon, including the election of board members and approval of executive compensation. According to InvestingPro data, the company maintains a "GOOD" overall financial health score, despite trading at elevated valuation multiples.

The company announced that all current members of the board of directors were re-elected to serve until the next annual meeting. The directors, including CEO Tim Cook and Chairman Arthur Levinson, received a majority of votes cast for their respective re-elections despite varying degrees of opposition.

Additionally, shareholders approved the appointment of Ernst & Young LLP as Apple’s independent registered public accounting firm for fiscal year 2025 with an overwhelming majority.

An advisory resolution to approve executive compensation also passed. This non-binding vote signifies shareholder support for the company’s executive pay structures and policies.

However, all four shareholder proposals presented at the meeting were not approved. These proposals included calls for Apple to report on ethical artificial intelligence data acquisition and usage, analyze the costs and benefits of child sexual abuse material-identifying software in relation to user privacy, cease diversity, equity, and inclusion (DEI) efforts, and report on charitable giving.

These results reflect shareholder confidence in Apple’s current board and executive compensation plan, while also indicating a reluctance to mandate additional reporting or changes to company policies regarding AI ethics, privacy, DEI, and charitable contributions.

The voting outcomes are based on a press release statement and are a part of the company’s formal disclosure to the U.S. Securities and Exchange Commission (SEC) through an 8-K filing. While Apple continues to demonstrate strong financial performance with a return on equity of 137%, InvestingPro analysis reveals that 22 analysts have recently revised their earnings expectations downward for the upcoming period. For deeper insights into Apple’s financial health and future prospects, investors can access comprehensive Pro Research Reports, available exclusively to InvestingPro subscribers, covering over 1,400 top US stocks.

In other recent news, Apple Inc. has announced plans to construct new manufacturing plants in the United States, moving away from earlier plans to build in Mexico. This decision comes after a conversation between Apple CEO Tim Cook and President Donald Trump, who cited tariffs as a motivating factor for the shift. Additionally, Apple has withdrawn its Advanced Data Protection feature from the UK following a government directive, which demanded a backdoor for user data access. The company expressed disappointment over this move, emphasizing its commitment to user privacy and security.

In another development, Apple is reportedly planning to replace Qualcomm (NASDAQ:QCOM) modems in its iPhones with its own, potentially reducing patent fees paid to Qualcomm. Meanwhile, Apple CEO Tim Cook is scheduled to meet with President Trump amid ongoing trade tensions between the U.S. and China, which have impacted Apple’s operations. The company is facing challenges related to a 10% tariff on goods manufactured in China, its largest manufacturing hub, while the U.S. remains its biggest market. Furthermore, Alphabet (NASDAQ:GOOGL)’s potential integration of its Gemini AI into Apple devices has been hinted at, suggesting future collaborations between the two tech giants. These are the latest developments surrounding Apple Inc.

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