Apple Inc. Quarterly Report (Amendment) for Q2 Ended Mar 28, 2009

Summary

This filing is an amendment to Apple Inc.'s (AAPL) Form 10-Q for the quarterly period ended March 28, 2009. The amendment corrects an error in the original filing regarding the tabulation of shareholder votes at the 2009 Annual Meeting of Shareholders. Specifically, abstentions were mistakenly counted as 'against' votes for certain proposals. The correction impacts the reported outcomes and percentages for Proposals 2, 3, 4, and 5. Notably, Proposal 5, concerning an advisory vote on executive compensation, was indeed approved by shareholders, a fact that was obscured by the initial miscalculation. While the amendment primarily addresses a procedural voting error and does not alter the financial results reported in the original 10-Q, it provides clarity on shareholder sentiment regarding specific corporate governance matters. Investors should note that the core business performance and financial health of Apple, as detailed in the initial filing, remain unaffected by this amendment. The company continues to operate as a large accelerated filer, underscoring its substantial market presence.

Key Highlights

• 1Amendment corrects previous misreporting of shareholder vote results from the 2009 Annual Meeting.
• 2Abstentions were incorrectly counted as 'against' votes for Proposals 2, 3, 4, and 5 in the original filing.
• 3Proposal 5, an advisory vote on executive compensation, was approved by shareholders with approximately 51.63% of the voting shares.
• 4Shareholder Proposals 2 (political contributions), 3 (healthcare reform principles), and 4 (sustainability report) were defeated.
• 5Board of Directors members were elected with a majority of outstanding shares in Proposal 1.
• 6Apple Inc. is classified as a large accelerated filer.
• 7The amendment does not alter any financial results or operational data previously reported in the original 10-Q.

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