Apple says that the annual meeting of shareholders will be virtual this year to “provide a safe experience for our shareholders and employees.” The meeting will take place at 9 a.m. PT this year.

Origin: 9 to 5 Mac – AAPL proxy statement tidbits: Executive pay for 2020, shareholder meeting, costs of flying private, more


Apple spent $470,246 on security for Cook during 2020 as well as $432,564 on personal air travel expenses for the Apple CEO. As we reported at the time, Apple started requiring Cook to fly private for security reasons in 2017.

Apple touts the following achievements and milestones for the company in 2020:

  • Reached an all-time high in our installed base of active devices in all major product categories
  • Grew revenue year-over-year in each quarter in the fiscal year
  • Doubled our fiscal 2016 services revenue in the June 2020 quarter, six months ahead of our goal
  • Grew our paid subscriptions to over 585 million, up 135 million year-over-year
  • Returned $90 billion to shareholders in dividends and share repurchases
  • Empowered our customers to take control of their health and fitness by introducing powerful new hardware and software features to Apple Watch
  • Announced the transition to Apple silicon for Mac to deliver industry-leading performance and a common architecture across all Apple products
  • Set new standards with our first ever all-online Worldwide Developers Conference watched by more than 22 million viewers
  • Sourced and donated millions of face masks, designed and manufactured millions of face shields, and scaled the production of millions of COVID-19 test kits
  • Reached over 150,000 teachers and millions of parents and students around the world with free tools and trainings in response to COVID-19 challenges
  • Committed to be 100% carbon neutral for our supply chain and products by 2030