Cupertino (CA) - Despite
the embargo on live reporting of Apple's annual shareholders meeting,
interesting details have emerged online that reveal how the company
voted on several tongue-in-cheek proposals by investors with enough
shares to put forth requests for specific changes in the company's
direction. In addition, we now also know that the company has re-elected
its board of directors, sending a clear signal to critics who wanted
executives to take responsibility for the PR fiasco that was the
state of Steve Jobs health and related reports.

Major
Apple shareholders gathered earlier today in an annual
shareholder meeting so they could have their say about the company's current board
of directors and to vote on several proposals floated by specific
shareholder groups. In the days leading up to the event, An Apple spokesman
confirmed the Bloomberg report stating that Steve Jobs would be absent
from current shareholder meeting.

According to various online outlets
which cite insider sources at the meeting, investors have
re-elected all eight members of Apple's current board of directors,
signaling very clearly that Apple's management of the case of Steve Jobs
health struck them as neither inappropriate or even truthless at times.
Re-election also shows that investors feel confident in Apple's current
leadership. The move gives the eight directors another full-year
mandate at Apple.

Apple's eight member "dream team" includes Steve Jobs (Apple CEO), Al Gore (the chairman of Alliance for Climate Protection, Generation Investment Management, and Current TV), Eric Schmidt (Google CEO), Andrea Jung (Avon CEO), Arthur Levinson (Genentech CEO), Bill Campbell (Intuit CEO), Jerome York (Harwinton Capital CEO) and Millard Drexler (J. Crew CEO).

The board
of directors also had a chance to vote on all proposals from investors holding enough Apple shares to buy them the right to propose
changes and put them up for voting at the company's annual shareholder
meeting. There were four such proposals, and the board of directors voted
all four of them down.

First, the AFL-CIO Union insisted that Apple adopt health
care reforms by the Institute of Medicine, but Apple's directors argued
they see no benefit for Apple, its employees or shareholders, adding
that the President and Congress are to address health care reform.

Second, the Teamsters Union demanded Apple report on its political
contributions and expenditures every six months. This was also rebuffed on
the grounds that such a requirement would force the company into
revealing confidential details of its dealings and negotiations with
various trade associations.

Third, a proposal by Green Century Equity
Fund and the New York City Office of the Comptroller, put forth by an
individual investor representing their interests, would have Apple
report on product and employee safety issues, the environmental impacts of toxins and recycling program and
steps the is taking to battle climate change. Apple's directors said
"no," pointing their fingers at the existing environmental reports
available on its website.

And finally, the last proposal
by the AFSCME Employees Pension Plan would have Apple issue
a shareholder's advisory vote on one of the most burning issues in
corporate America today -- executive compensation. Directors shut the
door to this one as well, adding that the board, not investors,
determines executive compensations. They added that proposed change
would seriously limit Apple's ability to attract smart people.

In the past, Apple's
CEO Steve Jobs has often appeared at shareholder meetings like this one
to answer any questions shareholders might have.
He has also regularly faced heavy criticism from certain shareholder
groups with specific interests, such as hedge funds for which Jobs
wouldn't shy away from showing his dislike. The CEO always emerged
victorious in these clashes and stayed on top of things, much to the
delight of media who reported on his anecdotal one-liners which he
used to rebuff even the most serious critics in the middle of the widely-reported
stock-backdating options scandal.