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).
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.
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.
- Still, it eventually became clear that their skillset could make something special if put together correctly, thus giving birth to what would later become Apple Inc.
- Cook rose to CEO of Apple in 2011 after the death of founder and longtime CEO Steve Jobs.
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- The top three institutional investors owned 20.85% of the common stock outstanding for Apple as of Jan. 2, 2024.
- At the time, Jobs and Wozniak had already become friends through their involvement in the Homebrew Computer Club and were looking for a way to turn their passion for technology into a business.
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.
Corporate culture
A large portion of Apple’s ownership is held by everyday investors who purchase shares through stock markets. These individual investors range from retail investors buying single shares to large-scale investors managing diversified portfolios. With the help of its lauded management/leadership team, it will continue to be one of the top technology companies around for years with strong earnings history. However, despite its broad ownership base, it is up to those who owns apple now at the helm of Apple — Tim Cook, CEO, and Luca Maestri, CFO — to decide how Apple’s products are designed, marketed, and sustained over time. 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%).
Apple briefly became the world’s first $3 trillion company during intraday trading on Jan. 3, 2022. The iPhone maker also holds the distinction of being the world’s first company to reach $1 trillion and $2 trillion. The top shareholders of Apple are Arthur Levinson, Tim Cook, Jeff Williams, The Vanguard Group, BlackRock Inc. (BLK), and Berkshire Hathaway Inc. (BRK.A). Still, it eventually became clear that their skillset could make something special if put together correctly, thus giving birth to what would later become Apple Inc.
Top 3 Individual Insider Shareholders
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Al Gore Owns 437,661 Shares
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.
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.
Top Apple Shareholders
Apple introduced the Lisa in 1983 and the Macintosh in 1984, as some of the first 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.
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Tim Cook, as CEO of Apple
- Cook joined Apple in 1998 and his first role was senior vice president of Worldwide Operations; today, he also resides on the board of directors for Nike (NKE ) and the National Football Foundation
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