Apple Inc : Shareholders, Shareholding Structure
Major individuals shareholders include Google co-founders Larry Page and Sergey Brin. They each control more than 40% of Class B stocks, with venture capitalist L. This has made Page and Brin some of the wealthiest individuals in the world, each having a net worth of around $150 billion. Apple Inc. is a publicly traded company, meaning its ownership is spread out among its many shareholders.
Kimbal Musk and Jeffrey Straubel are also large shareholders, although they have far fewer stocks than Elon Musk. Vanguard, BlackRock, State Street, Geode Capital, and Morgan Stanley are all among the largest investment firms who have holdings in Tesla. Although Nvidia has been around a long time, it is a relative newcomer when it comes to standing amongst the absolute largest technology companies. Services, the market capitalization of the company tripled in just 12 months.
The company bought mobile security company AuthenTec in 2012 for $356 million. The purchase provided Apple with the sensor technology to improve the security of its products and opened the door for it to enter the mobile payments market. The company developed hardware and software programs, including an operating system. However, the deal was more about acquiring talent by bringing co-founder Steve Jobs back to Apple (he founded NeXT in 1985, shortly after his removal from Apple). Jobs would go on to revitalize Apple by spearheading the development of the iPhone.
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As of Feb. 2, 2021, Levinson owns 4.5 million shares of Apple stock. Oracle Corporation is a multinational technology company that focuses on computing. Founded in 1977, the company has grown significantly in recent years, eventually becoming one of the largest software companies in the world behind only Microsoft. Its business is mainly focused on the Oracle Data software along with Oracle Cloud services, which offers a variety of business solutions such as servers, cloud storage, and applications. The most recent financial results for Oracle showed it had a revenue of $53 billion and a market capitalization of around $470 billion. Also a member of the big five tech companies, Microsoft has long been among the most valuable organizations in the world.
Apple ended its fiscal first quarter of 2024 with $172.6 billion in cash against $108 billion in debt. It produced $40 billion in operating cash flow during the period, returning $27 billion to shareholders through dividends and repurchases. As its original name of International Business Machines suggests, it was initially focused on business-based systems such as record-keeping and punch-card tabulation.
Has AAPL Ever Split Its Stock?
Roughly 60% of its ownership is in the hands of institutional giants.1 You have a few high-net-worth individuals putting their faith in the company, too. Certain financial information included in Dividend.com is proprietary who owns apple now to Mergent, Inc. (“Mergent”) Copyright © 2014. Tim Cook currently serves as Apple’s CEO, a position that he has held since succeeding Steve Jobs in 2011. Company’s CEO Waren Buffet and his “sidekick” Charlie Munger are proponents of value-based, long-term investing.
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. Jobs resigned in 2011 for health reasons, and died two months later; he was succeeded as CEO by Tim Cook. The risks of loss from investing in CFDs can be substantial and the value of your investments may fluctuate.
- After he left Apple, Jobs founded NeXT and bought a stake in Pixar from George Lucas.
- We have not established any official presence on Line messaging platform.
- The iPhone is Apple’s line of smartphones, which run the iOS operating system.
- At the time after the IPO, Wozniak was still a large shareholder.
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. 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. Levinson is a former chair of biotech company Genentech Inc. and is the founder and CEO of biotech company Calico.
Corporate affairs
However, the biggest source of income for Alphabet by far is its Google products and services. Apple’s largest shareholders are Vanguard group (1.32B shares, 8.60%), Blackrock (1.05B shares, 6.82%), and State street (528.08M shares, 3.43%). 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. 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. Those three are The Vanguard Group, BlackRock, and Berkshire Hathaway.
It could consider many pathways, depending on what aspect of its business it wants to beef up through an acquisition. Apple makes most of its money selling products ($298 billion, or 77%, of its $383.3 billion of revenue in fiscal 2023). However, its services are a meaningful profit center ($60.3 billion, or 36% of its total gross margin in 2023, thanks to a much higher gross margin of 70.8% versus 36.5% for products).
Who owns the most shares of Apple? Here’s a look at the company’s biggest shareholders.
Next in line after Levinson, as far as individuals went, was Apple CEO Tim Cook, followed by Jeff Williams, the company’s Chief Operating Officer, according to the document. 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.