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AAPL proxy statement tidbits: Executive pay for 2020, shareholder meeting, costs of flying private, more

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Apple today published its annual meeting of shareholders notice and proxy statement. Filed with the SEC, the document confirms that Apple will hold its annual meeting of shareholders on February 23. The meeting, which is usually held at Steve Jobs Theater, will be held completely virtually this year.

Updated with more tidbits at the bottom.

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‘AT&T Next’: Buy new smartphone/tablet yearly, pay over 12 months ($0 down)

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Following major announcements from T-Mobile and Sprint (and rumors about big device upgrade changes at Verizon Wireless), AT&T has made its “network related” announcement that it teased last week. The company has introduced a new program named “AT&T Next.” Similar to T-Mobile’s new “Un-carrier” offering, AT&T Next allows users to upgrade their smartphone or tablet device each year (T-Mobile, though, allows this to happen twice a year).

“With AT&T Next, customers can get the newest smartphone or tablet every year with no down payment. That’s hard to beat, and it’s an incredible value for customers who want the latest and greatest every year,” said Ralph de la Vega, president and chief executive officer of AT&T Mobility.

In a change from the typical ways of purchasing a phone upfront with no contract or at a subsidy with a contract, AT&T Next allows a customer to purchase a smartphone or tablet with $0 down payment and pay for the device with a monthly cost. For example, according to AT&T, a customer who wants a Samsung Galaxy S4 can purchase the device with no down payment and pay an extra $32 per month (on top of their standard monthly service bill). More details below:


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