Apples Biggest Shareholders: Who Owns Apple APPL? IG International

Al Gore, former US Vice-President, is also one of the top shareholders of Apple. As of February 2017, he sold over 215,437 stocks at a rate of $136.72 and was netted at over $29 million by the SEC. If he were to sell his remaining shares at the current price, which is $215.36, he could easily acquire nearly $25 million. He has been a member of Apple’s Board of Directors since 2003. The company’s CEO then was Steve Jobs, who had praised Gore’s “incredible wealth of knowledge and wisdom” and welcomed him aboard with much gusto.

• Jeff Williams currently oversees many of the company’s operations, including service as the global operations lead.
• Tim Cook is well recognized for his role in succeeding Steve Jobs, who was the founder and longtime CEO of Apple.
• It became a huge box-office success and was followed by such award-winning hits as “Finding Nemo” (2003) and “The Incredibles” (2004).
• Apple also announced the (Product)RED iPhone 7 and iPhone 7 Plus.
• The information in this site does not contain (and should not be construed as containing) investment advice or an investment recommendation, or an offer of or solicitation for transaction in any financial instrument.

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. The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

#1. Who Is Apple CEO?

In 1976, Steve Jobs and Steve Wozniak started Apple in a garage in Silicon Valley. With the help of Ronald Wayne, a friend of Wozniak, the two built the first Apple 1 and then the Apple II. They received $600 and $200 respectively to pay for the components for the computers, with Wayne keeping the money for himself. Those who invested early will have made plenty of money,, with commentators saying that an investment of $990 back in 1980 would have grown to $521,740 today – not including dividends. As of December 2017, Tim Cook is second with 901,474 shares. Cook has been CEO of Apple since 2011 following on from Steve Jobs, and prior to that was COO of the business.

Those three are The Vanguard Group, BlackRock, and Berkshire Hathaway. With a shareholding of 33,854, Deirdre O’Brien holds Apple stock worth $11,945,045 at the time of writing, using that same stock price of $352.84 a share. Apple ‘s dispersed ownership might create conflicts of interest between Apple ‘s management and its investors, which are represented by another management layer in the form of asset managers. In situations like these, insiders of the large asset manager shareholders and insiders of the company hold significant power over it.

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. The company held 338,533,988 shares of Apple as reported in Apple’s 14A SEC filing.1 Using the share price from the previous section of $352.84, The Vanguard Group’s total stake in Apple is worth $119,448,332,325 (almost $120 billion). At the time of writing (10 June 2020), only three institutional shareholders were included in Apple’s most recent SEC 14A filing as owning more than 5% of the company’s outstanding shares.

Individuals Who Own Significant Shares in Apple

For more info on how we might use your data, see our privacy notice and access policy and privacy webpage. Try out what you’ve learned in this shares strategy article risk-free in your demo account. Al Gore, the former Vice President of the United States, currently resides as a member on the Board of Directors at Apple. ETFs and funds that prioritize investments based on environmental, social and governance responsibility.

That is why Apple’s ownership, you might not see Steve Jobs. The Vanguard S&P 500 ETF (VOO) is one of the company’s largest exchange traded funds (ETFs) with about $636 billion in net assets. Apple is the number one holding, comprising 6.7% of the VOO portfolio as of Dec. 31, 2020.

Stakes

They managed to get HP to bring their computers back to their stores, and they eventually became successful and larger than HP. In 1976, Steve Jobs and Steve Wozniak started Apple in a garage. Over time, the company grew from a small tech startup to one of the most valuable companies in the world. It is now worth over $1 trillion, with more than 4 million employees around the globe. This information has been prepared by IG, a trading name of IG Markets Limited. In addition to the disclaimer below, the material on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument.

Also known as Fidelity Investments, this company is an American multinational financial service company. It offers annuities, mutual funds, IRAs, and numerous other financial services throughout the United States. The company has $4.5 trillion in assets under management and has $24 billion worth of revenue (2021). The corporation is a mutual fund and an ETF management company and has $8.67 trillion in AUM as of December 31, 2020.

Apple’s shareholders have a significant degree of influence on the company’s decisions. Major shareholders can affect decision-making processes at Apple as they own large percentages of the company’s stock, which can give them voting power when it comes to certain matters. As such, these major shareholders can exercise their influence over important corporate events, such as executive compensation and capital expenditure decisions.

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Based on Apple’s stock price as of March 1, 2022 of around $163 per share, the dividend yield is approximately 0.50%. Buffett has viewed Apple as both a consumer and technology company. One reason he originally began buying the stock in 2016 was that he would go to an Omaha Dairy Queen (the company is owned by Berkshire) with his grandchildren and they would be glued to their iPhones. Steve Jobs’s ownership in Apple, Inc. just after Apple’s IPO in 1980 was around 14% (7.5 million shares).

This helps foster collaboration between investors, executives, and employees, which ultimately benefits the direction that Apple takes. Arthur Levinson is an American businessman who serves as Chairman of the Board of Directors for Apple Inc. He has served on their board since 2000, making him one of the longest-serving directors at Apple. His net worth is estimated to be around $1.2 billion, and he owns about 0.029% of Apple stock, according to MarketScreener. Additionally, he also holds various options, which would increase his stake if exercised fully. Apple is one of a few companies to achieve a $1 trillion market capitalisation, making it attractive to investors.

Apple announced the iPhone 3GS on June 8, 2009, along with plans to release it later in June, July, and August, starting with the U.S., Canada, and major European countries on June 19. This 12-month iteration cycle has continued with the iPhone 4 model arriving in similar fashion in 2010, a Verizon model was released in February 2011, and a Sprint model in October 2011, shortly after Jobs’ death. After creating a sizable financial base to work with, the company began experimenting with new parts from new suppliers.

• The two engineers would spend most of their free time looking for parts and components to build a microcomputer.
• It is also one of the largest exchange traded funds in the world.
• In the late 1980s, Apple’s fiercest technological rivals were the Amiga and Atari ST platforms.
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• The Apple III was a conservative design for the era, however Jobs wanted the heat generated by the electronics to be dissipated through the chassis of the machine rather than by the more usual cooling fan.

The simple machine was a masterpiece of design using far fewer parts than anything in its class, and earned Wozniak his reputation as a designer. When MOS Technology released its $20 (equivalent to $103 in 2022) 6502 chip in 1976, Wozniak wrote a version of BASIC for it, then began to design a computer for it to run on. The 6502 was designed by the same people who designed the 6800, as many in Silicon Valley left employers to form their own companies. Wozniak’s earlier 6800 paper-computer needed only minor changes to run on the new chip. Berkshire Hathaway Inc is a large institutional owner of Apple shares as well.

Top 3 Individual Insider Shareholders

The company’s goal was to further develop and then sell Wozniak’s Apple I personal computer. In 1977, it was incorporated by Jobs and Wozniak as Apple Computer, Inc. The company did well with the Apple II computer, which was released right away. This led to the company’s very fast growth and financial success. The company mainly operates as a diversified holding company with investments in a wide range of industries, including gas and electric utilities, insurance products, railroads, and technology. Apple is a publicly traded company owned by its shareholders.

A new model was introduced in 1983 to try to rectify the problems, but the damage was already done. The company’s success continued with the release of the Apple II, also created by Wozniak. He was able to introduce the new personal computer at the West Coast Computer Faire in April of 1977. It was a shockingly different type of computer than its competitors at the time. The company has about $8.67 trillion in assets under management on a global scale as of December of 2020. Jeff Williams currently oversees many of the company’s operations, including service as the global operations lead.

However, this stake was diluted to around 12% shortly after, thanks to new shares issued to employees. Steve Jobs (Steven P. Jobs) died of cancer in 2011, and his wife, Lauren Power Jobs, inherited his wealth which consisted mainly of a stake in Disney but also of 5.5 million Apple shares, representing who owns apple 0.6% of the company. It is unclear if Ms. Jobs sold her shares or still holds onto them. Company’s CEO Waren Buffet and his “sidekick” Charlie Munger are proponents of value-based, long-term investing. They stick to the business they understand and avoid new trendy things, whatever it means.

He joined the Apple board in 2003, three years after losing the 2000 presidential election to George W. Bush – despite winning the popular vote. He reports directly to Tim Cook on Apple’s entire worldwide operations, and customer service and support. He also leads Apple’s design team – a role which he took over following the departure of Jony Ive as chief design officer.