As of February 2021, the Vanguard Group was Apple's biggest institutional shareholder.
Tim Cook has been CEO of the company since August 2011.
Apple was founded April 1, 1976, by Steve Jobs and Steve Wozniak.
There are around 900 million active iPhones around the globe, according to Finances Online. In 2021,Apple controlled over 25% of the mobile operating system market worldwide, and despite losing the global phone race to Android, Apple has a tight grip on the United States market.
Apple generated $365 billion in revenue in 2021, according to Business of Apps. Over half of this revenue was from iPhone sales.
But who’s pulling the strings? It’s easy to see such a ubiquitous company as a monolith, but Apple’s success actually relies on the decision-making of a few key individuals and organizations.
Apple is a public company, meaning its ownership consists of shareholders. According to Macrotrends, Apple had over 16 billion shares outstanding as of March 2022.
Apple’s largest share quantities are owned by organizations. According to Investopedia, as of February 2021, Apple's biggest institutional shareholder was the Vanguard Group, which owned more than 1.3 billion shares, 7.83% of shares outstanding at that time. BlackRock owned 1.11 billion shares, 6.60% of shares outstanding. Berkshire Hathaway owned more than a billion shares, almost 6% of shares outstanding.
Large numbers of Apple shares are also owned by Apple insiders — executive employees and those on the board of directors. As of December 2020, chairman Arthur Levinson owned over 4.5 million shares, CEO Tim Cook owned over 800,000 shares, and COO Jeff Williams owned almost 500,000 shares, according to Investopedia.
The Vanguard Group, Inc. is currently the company's largest shareholder with 8.7% of shares outstanding. For context, the second largest shareholder holds about 6.9% of the shares outstanding, followed by an ownership of 3.5% by the third-largest shareholder.
What percentage of Apple (AAPL) stock is held by retail investors? According to the latest TipRanks data, approximately 51.16% of Apple (AAPL) stock is held by retail investors. Who owns the most shares of Apple (AAPL)? Vanguard owns the most shares of Apple (AAPL).
Following the sale of Chewy, Cohen made a significant investment in Apple, making him the largest individual shareholder of the tech company with 1.55 million shares (6.2 million split-adjusted shares as of August 31, 2020).
For comparison, Tim Cook owned a little over 3.28 million shares of his company's stock per the most recent disclosure. But another high-profile money man may have an even bigger Apple stake.
2024-02-12 - BlackRock Inc. has filed an SC 13G/A form with the Securities and Exchange Commission (SEC) disclosing ownership of 1,043,713,019 shares of Apple Inc. (US:AAPL). This represents 6.7 percent ownership of the company.
He sold much of his Apple stock upon his departure from the company. But over three decades later, he is still on the payroll at Apple, reportedly out of loyalty to the company. Wozniak's paycheck nets out to about $50 per week, he told Guy Kawasaki in a podcast interview released in February 2020.
“Berkshire owned exactly 400,000,000 shares of Apple and 400,000,000 shares of Coca-Cola as of June 30, 2024,” David Kass, a finance professor at the University of Maryland's Robert H. Smith School of Business, tweeted on Wednesday.
Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services.
Amongst the world's most successful billionaires, Tim Cook is perhaps one of the names that has the most power from all big tech companies. When Apple founder Steve Jobs passed away, Tim Cook became the face of the company and took it to the highest level you can think of.
In 2001, Microsoft converted its investment into common stock, which mean it owned 18.1 million of Apple shares. Finally, just two years later, Microsoft sold off all of its shares in Apple for $550 million… what if Microsoft had kept that relatively small amount of ownership Apple until today? ..
Jeffrey E Williams currently owns a total of 1 stock. Jeffrey E Williams owns 489,944 shares of Apple Inc (AAPL) as of April 11, 2024, with a value of $108 Million.
At the time of his death in 2011, cofounder Steve Jobs was worth around $10.2 billion, but interestingly, most of this wealth was in the form of Disney (DIS) stock. The Steven P. Jobs Trust owned over 7% of Disney. When he passed, Jobs owned about 38.5 million shares or about 0.24% of Apple.
The top individual insider shareholders of Google are Larry Page, Sergey Brin, and Sundar Pichai, and the top institutional shareholders are Vanguard Group and BlackRock (BLK).
A majority shareholder owns and controls more than 50% of a company's outstanding shares. This type of shareholder is often company founders or their descendants.
Jeff Bezos still owns the most shares among Amazon shareholders, despite his ownership decreasing to 9.56% as of mid-November 2023, down from 41% in 1998. Although Bezos stepped down as CEO of Amazon on July 5, 2021, he has remained actively involved in the company as its executive chair.
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Introduction: My name is Msgr. Benton Quitzon, I am a comfortable, charming, thankful, happy, adventurous, handsome, precious person who loves writing and wants to share my knowledge and understanding with you.
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