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February 27, 2013

Statement of New York State Comptroller Thomas P. DiNapoli on Apple Inc. Shareholder Meeting

"We were disappointed that Apple did not offer a proposal to return to shareholders some of the $137 billion in cash reserves it is holding."

Thomas P. DiNapoli is the trustee of the $152.9 billion New York State Common Retirement Fund.As of February 22, 2013, the Fund held 2,922,002 shares of Apple with an estimated market value of $1.3 billion.



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