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Apple's annual shareholder meeting took place today, where Tim Cook introduced investors to some previously undisclosed numbers and other interesting facts about the company's operations. Apple's CEO has traditionally been tight-lipped about upcoming new products, as well as other activities such as a new sapphire glass factory in Arizona, which Cook said only that it was a secret project and that he could not reveal more.

In terms of new products, Cook reiterated essentially the same thing he did during the last financial results announcement, which is that the company is working on great new products. Some of them are supposed to be extensions of what Apple already makes, others are supposed to be things that can't be seen. He described the secretive approach as important, especially when the competition is copying on all fronts and it would be unwise to reveal the product release schedule.

The most shared was the CEO in numbers. He revealed that Apple has already sold over 800 million devices, an increase of 100 million in about 5 months. 82 percent of them run iOS 7. By comparison, only about four percent of Android phones and tablets run version 4.4. Next, Tim Cook talked about Apple TV. The device, which until recently was considered a hobby by the company, generated over a billion dollars in sales last year. This year, Apple is expected to release a new version that should bring the integration of a TV tuner and the ability to install games, which would turn the TV accessory into a small game console in conjunction with game controllers. iMessage was also mentioned, where several billion messages pass through Apple's servers every day.

Finally, there was talk of the share buyback that Apple started last year. In the past 12 months, Apple has already bought back $40 billion worth of shares and plans to expand the program to another $60 billion in shares by 2015.

Source: Wall Street Journal
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