The three largest individual shareholders of Apple are Tim Cook (CEO), Arthur D. Levinson (Independent Chairman), and Albert Arnold Gore (Independent Director and former U.S. Vice President). Anyone looking to get a better understanding of a company’s vision ought to consider the major stakeholders involved, seeing as how they can hold tremendous influence over future growth prospects. Knowing the biggest shareholders of a company likely won’t help you formulate an investment thesis or settle on an entry price, but it may shed additional insights into qualitative factors like corporate governance and the management structure. Vanguard Group owned more than 1.27 billion shares of Apple, representing 8.27% of total shares outstanding as of Jan. 2, 2024. Vanguard is primarily a mutual fund and ETF management company with about $7.6 trillion in global assets under management (AUM).
Apple Energy
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He is one of the leaders that oversees iOS development and he played an instrumental part in the release of Apple’s mobile operating system. Prior to joining Apple, Craig worked at Ariba, a software and information technology services company, and he holds a master’s degree in Computer Science from the University of California. Since the company’s founding and into the early 2000s, Apple primarily sold computers, which are marketed as Macintosh since the mid-1980s.
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- Apple has expanded its service revenue by dramatically growing its cloud services business and by selling streaming entertainment like Apple TV+, Apple Music, and other digital content.
- Other major institutional shareholders include Geode Capital Management, LLC (2.21%), BlackRock Inc. (7.23%), FMR, LLC (2.41%), and State Street Corporation (3.86%).
- Some of its best-known products include the flagship iPhone brand, the iPad, and Mac lines.
- News regarding Apple’s earnings and performance significantly influences trading trends and investor confidence, making Apple a popular choice among savvy investors planning retirement or pursuing growth opportunities.
- Apple’s 12-month trailing revenue and net income are $383 billion and $97 billion, respectively.
Levinson received his PhD in biochemistry from Princeton University, and after he went to work at Genentech, a biotech firm where he served as CEO for over a decade and now resides on its board of directors. Discover dividend stocks matching your investment objectives with our advanced screening tools. This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered.
How AI may force Google, Microsoft and others to push their nuclear energy game plan
Major shareholders can affect decision-making processes at Apple, as they own large percentages of the company’s stock, giving them voting power regarding some issues. These institutional investors utilize ETF strategies to diversify holdings and often buy and trade large volumes of shares. News regarding Apple’s earnings and performance significantly influences trading trends and investor confidence, making Apple a popular choice among savvy investors planning retirement or pursuing growth opportunities.
Jobs resigned in 2011 for health reasons, and died two months later; he was succeeded as CEO by Tim Cook. Tim Cook (Timothy Donald Cook) is the CEO of Apple and was appointed to that position in 2011 when Steve Jobs passed away. He owns about 0.02% of Apple’s shares, with a net worth of $2.3 billion. He reportedly received these stocks through various grants offered by the company throughout his tenure as CEO and executive vice president for worldwide sales and operations before becoming CEO. Tim Cook, CEO of Apple Inc., is currently one of the largest individual shareholders with around 3,280,180 Apple equities/shares worth approximately $741 million at current market prices.
Senior management
It’s no secret that Apple Inc. (AAPL ) is a darling in the technology world, as the company has rightfully earned its reputation as both an innovator and a financial powerhouse. More recently, the stock has made its way onto the radar screen of countless income investors due to its dividend re-initiation. Apple reported revenue of $119.6 billion in the fiscal quarter ending on Dec. 30, 2023. Tim Cook said at the time of the announcement that Apple’s installed basis of active devices had topped 2.2 billion and this was before the launch of the Apple Vision Pro in 2024. The top three institutional investors owned 20.85% of the common stock outstanding for Apple as of Jan. 2, 2024.
- The iPhone maker also holds the distinction of being the world’s first company to reach $1 trillion and $2 trillion.
- Cook holds an industrial engineering degree from Auburn University and an MBA from Duke University’s Fuqua School of Business; after graduating from Auburn, Cook worked as a director in IBM’s (IBM ) personal computer business for 12 years.
- For the most up-to-date and detailed information on Apple’s ownership, you can refer to their latest SEC filings, such as the Form 10-K and Proxy Statements, which provide comprehensive insights into major shareholders and ownership distribution.
- Apple Inc. is an American multinational corporation that designs and manufactures consumer electronics and software products.
- Vice President Al Gore holds over 468,995 shares valued at over $106 million today.
- Certain financial information included in Dividend.com is proprietary to Mergent, Inc. («Mergent») Copyright © 2014.
Is Coca Cola an Israeli company?
No, Coca‑Cola is a publicly traded company; shares are traded on the New York Stock Exchange.
During those early days, both contributed significantly towards ensuring everything ran like clockwork while trying relentlessly against all odds — calming down investors one day only so that complex logistics could be solved the next, etc.
Apple introduced the Lisa in 1983 and the Macintosh in 1984, as some of the first who owns apple now computers to use a graphical user interface and a mouse. By 1985, internal company problems led to Jobs leaving to form NeXT, Inc., and Wozniak withdrawing to other ventures; John Sculley served as long-time CEO for over a decade. In the 1990s, Apple lost considerable market share in the personal computer industry to the lower-priced Wintel duopoly of the Microsoft Windows operating system on Intel-powered PC clones. These moves elevated Apple to consistently be one of the world’s most valuable brands since about 2010.
Who runs Apple now?
Chief Executive Officer
Tim Cook is the CEO of Apple and serves on its board of directors.
The largest shareholders include major investment firms like The Vanguard Group, BlackRock, and Berkshire Hathaway, each holding significant but non-majority stakes in the company. This dispersed ownership structure ensures that Apple operates with a broad base of support from diverse investors worldwide, aligning with its mission to innovate and deliver high-quality products and services. Apple Inc. (AAPL) is the world’s second-largest company by market value.
Arthur D. Levinson, the Board Chairman, holds around 4,215,576 shares worth around $952 million, while former U.S. Vice President Al Gore holds over 468,995 shares valued at over $106 million today. The company’s products include operating system software, wireless equipment, and digital music players. The company has operating divisions in the United States, Canada, Japan, Australia, and Asia. Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley.
Apple’s 12-month trailing revenue and net income are $383 billion and $97 billion, respectively. I love understanding strategy and innovation using the business model canvas tool so much that I decided to share my analysis by creating a website focused on this topic. The third partner, Ronal Wayne, was offered a 10% stake, but he soon backed out due to his concerns that the company wouldn’t succeed, so he sold his 10%.
What countries don’t use Apple?
Among the Apple-less countries are Syria, North Korea, Sudan and Cuba, which face trade sanctions from the United States. That means the “exportation, reexportation, sale or supply” of any Apple goods from the U.S. or an American anywhere is prohibited in those countries, according to Apple's global trade compliance.