Friday, January 3, 2020

Apple's Annual Shareholders Meeting to Take Place on February 26 at Apple Park, Pre-Registration Required

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Apple's annual shareholders meeting is set to take place at the Steve Jobs Theater at Apple Park at 9:00 a.m. on February 26, 2020, Apple said today in a filing with the SEC.

Apple has been holding its shareholder meetings at Steve Jobs Theater since 2018, and because space is limited, the company requires shareholders to pre-register for the event.

Shareholders can register to attend the meeting at Proxyvote.com starting at 8:00 a.m. Pacific Time on February 4, 2020. Apple says that registration will be on a first-come, first-served basis.

The record date for the meeting is January 2, 2019, and only shareholders as of the record date who have registered in advance and have a valid registration confirmation will be allowed to enter the meeting or vote at the annual meeting.

Apple's annual shareholder meetings are not typically interesting to the general public, and Apple executives share little about Apple products. Apple CEO Tim Cook did make a few comments last year about Apple's services business and roadmap, so similar information could be shared this year.


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Apple CEO Tim Cook Earned Over $11 Million in 2019, Not Counting Stock Awards

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Apple CEO Tim Cook earned over $11 million in salary in 2019 according to the 2019 proxy statement Apple filed with the SEC today.

Cook earned a base salary of $3,000,000 in addition to $7.7 million in incentives awarded for performance. Cook also received another $884k in "other compensation" for a total of $11,555,466.

Other compensation includes life term insurance premiums, contributions to a 401k plan, vacation cash out (totaling $92,000), $457,083 in security expenses, and $315,311 for his personal use of private aircraft.

Cook earned more than $4 million less than the $15 million he earned in 2018. The salary listed here does not include stock awards that were received in 2019, with Cook earning over $113 million from shares that vested in 2019.


Most other Apple executives received a base salary of close to $1 million, along with stock and incentives of $20 to $25 million. Luca Maestri, Kate Adams, and Jeff Williams earned over $25 million.

Angela Ahrendts, who left the company early in the year, earned $22 million, while her replacement, Deirdre O'Brien, earned $19 million.

All Apple executives earned significantly more than the median salary at Apple, which was $57,596 because of the large number of retail and support employees that work for Apple. Cook earned 201 times more than the average employee compensation.

The full proxy statement from Apple includes additional salary details, proposals that will be voted on at Apple's upcoming 2020 shareholders meeting set to be held on February 26, 2020.


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Reader Survey: Win a Galaxy Note 10 & 40x £20 Amazon Vouchers

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We need your help: tell us what you think of Macworld in our Reader Survey, and in return we're offering the chance to win a Samsung Galaxy Note 10 and one of 40 £20 Amazon vouchers!

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HomeKit Rolling Out to IKEA's TRADFRI Smart Blinds

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IKEA has started rolling out a HomeKit software update for its FYRTUR electric blinds, part of its TRADFRI line of smart home products.

Multiple users on Reddit have indicated receiving a new 1.10.28 firmware update for their TRADFRI gateway, which allows IKEA smart home products to work with platforms like HomeKit. The rollout appears to be starting in the United States, so users in other countries may not see the firmware update yet.


Following the firmware update, the blinds should automatically appear as tiles in the Home app across the iPhone, iPad, Mac, and Apple Watch. HomeKit support enables users to raise or lower the blinds using the Home app or Siri, in addition to existing support for Google Home and the IKEA Home app.

FYRTUR blinds start at $129, while the TRADFRI gateway retails for $35.

(Thanks, Brandon Smith!)

Tags: HomeKit, Ikea

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Deals: OWC Discounts HomePod to $189.88 ($110 Off)

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MacSales is discounting Apple's HomePod to $189.88, down from the retail price of $299.00. This is for a brand-new HomePod (White), but there are caveats to the sale: the HomePod will come in "Bulk (Non-Retail) Packaging," which essentially means you won't be getting Apple's typical HomePod box, but instead a plain, nondescript box.

Note: MacRumors is an affiliate partner with OWC. When you click a link and make a purchase, we may receive a small payment, which helps us keep the site running.

MacSales includes a 1 Year OWC-fulfilled limited warranty with the HomePod, so you won't receive a warranty directly from Apple. That being said, MacSales is a trusted Apple reseller with a solid reputation so those who missed out on the holiday HomePod deals should visit OWC's website before the offer expires.

Once it's been added to your cart, you'll see the OWC instant rebate of $30 appear on the HomePod at the checkout screen. The Space Gray version is available for $194.88 as well.

Our full Deals Roundup has more information on the latest Apple-related sales and bargains.

Related Roundup: Apple Deals

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2020 iPhones Expected to Feature Thinner and Possibly More Power Efficient Displays

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At least some new iPhones in 2020 will feature touch-integrated displays supplied by LG, according to Korean website The Elec:
LG Display is aiming to upgrade its production facilities for flexible, Gen-6 OLED panels for smaller displays at its E6 lines in Paju of Gyeonggi Province. For this, the firm will be adding new equipment by early 2020 to produce touch-integrated panels, while switching to the LTPO backplane technology.

As the E6 lines are known to be Apple-exclusive, the touch-integrated screens are to be supplied to the new iPhones to be launched next year, according to industry sources on Dec. 17.
This mirrors a recent report from Korean website ETNews, which claimed that so-called iPhone 12 Pro models will adopt a technology that allows touchscreen circuitry to be directly patterned on the OLED panel without the need for a separate layer, resulting in a thinner display and lower production costs.


ETNews said a lower-cost 6.1-inch model, presumably the iPhone 12, will stick with a traditional film-based display.

It is unclear if thinner displays would translate to thinner iPhones as a whole this year. Notably, the iPhone 11 Pro and iPhone 11 Pro Max are actually slightly thicker and heavier than the iPhone XS and iPhone XS Max, respectively, as Apple included larger batteries in its latest iPhones.

Today's report from The Elec also claims that LG is preparing to switch to LTPO backplane technology in the second half of 2020. The backplane is responsible for turning individual pixels on and off on the display.

LTPO, or low-temperature polycrystalline oxide, has an Oxide TFT structure that uses up to 15 percent less power than LTPS, or low-temperature polysilicon, the backplane technology that Apple currently uses. Naturally, that could contribute to more power efficient displays and longer battery life on 2020 iPhones.

Apple Watch Series 4 and Series 5 models already feature LTPO displays. Apple's website says the technology enables Series 5 models to have the same up-to-18-hour battery life as Series 4 models despite having an always-on display:
The low temperature poly-silicon and oxide display features a reinvented pixel architecture that lets the screen refresh rate dip from 60Hz to a power-sipping 1Hz when the watch is inactive. A new low-power driver, ultra-efficient power management, and a new ambient light sensor work together so the display can stay always on with up to 18 hours of battery life.
It is unclear if LG will be ready to mass produce LTPO displays in time for 2020 iPhones.

2020 is expected to be a big year for the iPhone, with rumors pointing to new display sizes and technologies, a redesigned metal frame similar to the iPhone 4, rear-facing 3D sensing, 5G support, up to 6GB of RAM, and more.

Related Roundup: iPhone 12

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