Apple has issued a warning to shareholders attending Wednesday's annual shareholder meeting about the coronavirus, asking people who recently visited China to make sure they self-quarantined for two weeks beforehand, to minimize further spread of the virus.
Later this morning, Apple is holding its 42nd annual shareholder meeting at its new Apple Park facilities for the first time, offering some members of the public a glimpse inside its new headquarters. However, this year attending the meeting requires a pre-arranged registration; shareholders of record who simply show up have been put on notice that the event is already at capacity.
Apple's plan to repatriate the majority of its overseas cash holdings to the United States will majorly benefit its shareholders, analysts claim, with the company expected to use part of the cash influx to increase its share buyback programs and significantly boost dividend payments.
On February 16, Apple will pay shareholders of record a quarterly dividend of $0.57 per share, but investors must own the company's stock before February 9 in order to qualify. Apple will pay out $3.1 billion in dividends on its outstanding shares for the quarter.
Apple notified the U.S. Securities and Exchange Commission that it will be holding its annual shareholder meeting at 9 a.m. Pacific on Feb. 28 to discuss proposals from the company's board of directors.
An Apple shareholder has filed a request that Apple implement independent oversight of executive compensation, and Apple's bid to deny the filing has failed, forcing the company to put the proposal to a shareholder vote.
On August 11, Apple will pay shareholders of record a quarterly dividend of $0.57 per share, but investors must have had settled ownership of the company's stock on Monday August 8 in order to qualify. Apple will pay out $3.2 billion in dividends on its outstanding shares for the quarter.
On Monday, Katy Huberty of Morgan Stanley cited channel checks and a customer intent survey as the basis for predicting the potential for iPhone sales to fall by as much as 2.9 percent over the next year, reaching a total for 2016 as low as 224 million in a "worst case scenario." The idea of "Peak iPhone" generated clickbait headlines, but the real story is that channel checks have historically been extremely worthless at predicting Apple's actual performance.
Apple's annual shareholder meeting will be held tomorrow at the company's Cupertino California campus, and activists are gearing up to use the event as a springboard for their "high impact communications programs," including a continuation of issues related to working conditions among Apple's Chinese suppliers that Apple addressed at last year's meeting.