As you might expect, investment firms Vanguard, BlackRock, FMR, State Street, and JP Morgan Chase own about 25% of the total shares. Class A shares are publicly traded and are mostly held by institutional investors. These include investment management companies like Vanguard Group and BlackRock, which jointly own around 15% of Class A stocks and around 13% of Class C stocks.
Co-founder Steve Jobs originally owned around 11% of Apple but sold most of his shares following his departure from the company in 1980. Current Apple CEO Tim Cook owns around 3.2 million shares, less than a single percent of the total stock, while chairman Arthur Levison has 4.4 million shares. Former vice president Al Gore, who has served on the board of directors, is another major individual shareholder.
What Are Some of Arthur Levinson’s Other Achievements?
The advisor can’t manage your money for you but can provide you with knowledgeable guidance. 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. 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. IG International Limited is licensed to conduct investment business and digital asset business by the Bermuda Monetary Authority.
Apple Inc. is an American multinational corporation and technology company headquartered and incorporated in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. Founded in 1976 as Apple Computer Company by Steve Jobs, Steve Wozniak and Ronald Wayne, the company was incorporated by Jobs and Wozniak as Apple Computer, Inc. the following year. It was renamed Apple Inc. in 2007 as the company had expanded its focus from computers to consumer electronics.
- BlackRock held 296,598,349 shares of Apple stock at the time of writing, with a value of $104,651,761,461 (almost $105 billion) at a price of $352.84 per share.
- Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne in 1976.
- Institutional holders like Primecap, Aristotle Capital Management, Fisher Asset Management, and Bank of America all have less than 1% of the total outstanding stock.
- Current Apple CEO Tim Cook owns around 3.2 million shares, less than a single percent of the total stock, while chairman Arthur Levison has 4.4 million shares.
- Berkshire Hathaway is the investment company owned by Warren Buffet – one of the world’s richest people.
This platform equips you to assess and manage risk within your investment portfolios. Arthur Levinson currently serves as the Chairman of the Board at Apple and is also the current CEO of Calico, an independent biotech company established by Google. Levinson who owns apple now 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 much of Apple does Tim Cook own?
The only interesting thing about Apple’s ownership structure is that the third-largest owner is Berkshire Hathaway, a company led by legendary investor Warren Buffet. Amid a sales slump for Apple, Jobs resigned, founded the company, and poached Apple talent to work for NeXT. He owned 3.3 million shares as of October 2023, according to an SEC filing. Apple’s latest proxy statement is set to be released in January 2024.
Who Owns Apple: The Largest Shareholders Overview
Her ownership is not clear because such a small stake does not require any public disclosure. However, since she significantly reduced her Disney stake, the assumption is that she might have also reduced her stain in Apple, Inc. Berkshire Hathaway is an iconic company represented by legendary investor Warren Buffet who is also its significant shareholder and CEO. Berkshire Hathaway owned 916 million shares in Apple and controlled 916 million shareholder votes as of December 2022. BlackRock owned 1,029 million shares in Apple and controlled 1,029 million shareholder votes as of December 2022.
For several years, Apple has been in direct competition with Microsoft for the title of the most valuable company in the world. Apple became the first company to reach a market capitalization of $1 trillion and is estimated to be worth more than $3 trillion today. While the company began as a computer manufacturer, it has expanded over the last two decades to produce a wide array of additional devices and also offers services such as Apple Music and Apple TV+. The vast majority of its income, though, comes from its highly profitable iPhone smartphones. BlackRock is a publicly traded company, and its largest shareholders are its competitors, including BlackRock itself.
Paramount Global would offer Apple another way to grow its services business. The company owns several premier content brands, including CBS and Nickelodeon. It also has a streaming service (Paramount+) and expertise in live sports. However, Apple has acquired several companies over the years that have been crucial to its product development. Here’s a look at some of the notable companies it now owns and some that it could look to acquire in the future.
