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Apple Shareholder Meeting Faces Unprecedented Challenges

This year's Apple shareholder meeting will take place virtually due to COVID-19 concerns, raising questions about accessibility and engagement among investors as well as worries over what this means for future prospects of the company.

A picture of an empty Steve Jobs Theater with text overlayed reading "Apple's Annual Shareholder Meeting Goes Virtual"

A picture of an empty Steve Jobs Theater with text overlayed reading "Apple's Annual Shareholder Meeting Goes Virtual"

Apple Inc.’s annual shareholder meeting is set to take place on March 10th, but this year’s event will be far from the usual affair. The company has decided to hold the meeting virtually due to the ongoing coronavirus pandemic, a move that has left many shareholders feeling disappointed and concerned about their ability to participate in the proceedings. In years past, the shareholder meeting was held at Steve Jobs Theater in Cupertino, California and was attended by hundreds of shareholders. This year however, attendance will be limited as those wishing to attend must register via a special website. Even then, it is unclear how much access shareholders will have or what restrictions may be placed on their participation. The decision to go virtual has also raised questions about whether or not all shareholders will have equal access and opportunities for participation. With many people still struggling financially due to the pandemic, some worry that those who own only one share of Apple stock may not even be able to view the proceedings if they cannot afford a computer or internet connection. Overall, this year’s Apple shareholder meeting is shaping up to be an unprecedented event with many unknowns and potential pitfalls for investors hoping for a return on their investments. It remains unclear how successful this virtual approach will be in engaging shareholders and providing them with meaningful information about their investments in Apple Inc., leaving many feeling pessimistic about what lies ahead for the company’s future prospects.