BlackRock owned 1.029 billion shares of Apple, representing 6.66% of total shares outstanding as of Jan. 2, 2024. BlackRock is also a mutual fund and ETF management company with approximately $9.09 trillion in AUM as of March 31, 2023. 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.
As with a majority of companies around the world, Apple was affected by the coronavirus pandemic – which put a temporary halt to sales in Apple stores amid worldwide government lockdowns. But, who owns apple now Apple has since recovered to post its strongest share price performance to date (at the time of writing). 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. Berkshire Hathaway owned more than 915 million shares of Apple, representing 5.92% of total shares outstanding, as of Jan. 2, 2024. Led by billionaire investor Warren Buffett, Berkshire Hathaway is a diversified holding company with investments in a broad range of industries including insurance, railroads, gas and electric utilities, and more. The largest shareholders that own Apple are asset managers Vanguard (8.1% ownership), BlackRock (6.5%), and Berkshire Hathaway (5.8%), a company led by legendary investor Warren Buffet.
- 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.
- Vanguard (The Vanguard Group) is one of the largest asset managers in the world.
- They stick to the business they understand and avoid new trendy things, whatever it means.
- Based on his claims, he technically never stopped to be an employee of Apple, even after he left the company in 1985.
- Schedule monthly income from dividend stocks with a monthly payment frequency.
Berkshire Hathaway
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. The below screengrab is from our trading platform, and it gives an indication of Apple’s share price movements from 1 January 2020 to 10 June 2020. Arthur (Art) Levinson is chairman of the board at Apple, and he’s held this role since 2011. Before he took the position as chairman at Apple, Art was the chairman and CEO at Genentech – a biotechnology company.
According to Macrotrends, Apple had over 16 billion shares outstanding as of March 2022. 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. IG accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information.
What other companies are connected to Apple?
Part of Apple’s growth strategy has been to purchase small tech companies that it can easily integrate into its expanding line of products. Four years after its founding, on Dec. 12, 1980, Apple went public through an initial public offering (IPO) at $22.00 per share. Craig Federighi is currently the senior vice president of Software Engineering at Apple. 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.
Ownership
The buildings, located at 1–6 Infinite Loop, are arranged in a circular pattern around a central green space, in a design that has been compared to that of a university. Discover why so many clients choose us, and what makes us a world-leading provider of spread betting and CFDs. For more info on how we might use your data, see our privacy notice and access policy and privacy webpage. Discover how to increase your chances of trading success, with data gleaned from over 100,00 IG accounts. Try out what you’ve learned in this shares strategy article risk-free in your demo account. In addition to antitrust litigation related to its App Store, Apple faces several other antitrust lawsuits, including these below.
Apple releases a proxy statement each year that reveals the institutions and individuals who hold 5% or more of the company’s stock. The Vanguard S&P 500 ETF (VOO) is one of the company’s largest exchange traded funds (ETFs) with about $1.0 trillion in net assets as of Jan. 31, 2024. Apple’s 12-month trailing revenue and net income are $383 billion and $97 billion, respectively. The company’s market cap is about $2.65 trillion as of March 13, 2024.
The charge follows an investigation into Apple Pay launched last year by the EU. The EU looked into whether Apple engaged in anticompetitive behavior by refusing rivals’ access to Apple’s payment system. Discover dividend stocks matching your investment objectives with our advanced screening tools. Within Jobs’ first year back as CEO, he entered into a partnership with Bill Gates’ Microsoft, which made a $150 million investment in Apple and committed to developing software for macOS. In 2003, Microsoft opted to sell all of its Apple stock for $550 million.
As of Feb. 2, 2021, Levinson owns 4.5 million shares of Apple stock. Apple Inc. (AAPL) is the world’s second-largest company by market value. It designs, manufactures, and sells a wide range of consumer technology devices including smartphones, tablets, personal computers, and wearables. Some of its best-known products include the flagship iPhone brand, the iPad, and Mac lines. 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).
Options and futures are complex instruments which come with a high risk of losing money rapidly due to leverage. Before you invest, you should consider whether you understand how options and futures work, the risks of trading these instruments and whether you can afford to lose more than your original investment. The Vanguard Group is one of the largest investment companies in the world with $6.2 trillion in assets under management.2 The company is led by Mortimer Buckley as chairman and CEO. The tech giant started out operating from the Jobs’ family garage and has since grown into a diversified technology behemoth.
Cook himself has a large stake in Apple, but Apple’s owners are mostly institutional investors. The company reported almost $36 billion in earnings as of Sept. 30, 2023. It also holds a sizable portfolio of equity securities valued at hundreds of billions of dollars. The iShares Core S&P 500 ETF (IVV) is among one of BlackRock’s largest ETFs with more than $456 billion in net assets as of March 12, 2024.
It can be the pros and cons of buying a home, a question about your retirement, or just about any other financial issue. The advisor can’t manage your money for you but can provide you with knowledgeable guidance. “Insider” refers to individuals in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company’s stock. 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.