The Real Owners Behind The World’s Biggest Tech Companies
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer. Unlike many other major technology companies in the United States, Tesla is headquartered in Texas rather than the West Coast. It is also unique in that it mainly focuses on a single market rather than expanding into many different areas. Known by many as the premier electric car manufacturer, Tesla has a number of vehicle models available that often have driving assist technology so that they require fewer user inputs when being driven on public roads. Tesla also designs and sells solar energy generation systems and batteries.
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However, soon after that, their ownership started to diverge as Wozniak sold more shares before the company IPO. Another reason was that his former wife got around 1.2 million shares as part of their separation agreement. After a few years, in 1985, Steve Jobs lost a power struggle with then-CEO John Sculley. Jobs left Apple and sold all of his shares which at the time still represented around 11% of Apple. BlackRock, Inc. is the world’s largest asset manager, with assets under management of $10 trillion.
These reserves are then invested in various investment opportunities. However, keep in mind that a stake in Apple could be just one part of their portfolio, and their total worth could be bigger, thanks to other investments. Apple’s shareholders with the largest voting power are Vanguard, which holds 8.1% of all votes, followed by BlackRock (6.5%) and Berkshire Hathaway (5.8%). Apple had a net income of $21.7 billion for the quarter that ended June 26, 2021, according to its most recent quarterly filing, which was released on July 28, 2021. That’s a 93.2% year-over-year (YOY) increase from the same quarter in 2020. It also reported quarterly revenue of $81.4 billion, a 36.4% YOY increase, and earnings per share of $1.30, a YOY increase of 100%.
- Vanguard Total Stock Mkt Idx Inv is the top mutual fund holder of Apple shares, with 3.02% of its total shares outstanding invested in 455.99M Apple shares.
- Part of Apple’s growth strategy has been to purchase small tech companies that it can easily integrate into its expanding line of products.
- Since joining Apple, Al Gore has gained a considerable shareholding of 115,014 shares.
- Apple Inc. (AAPL) is the world’s second-largest company by market value.
- However, this stake was diluted to around 12% shortly after, thanks to new shares issued to employees.
During the age of computing, it expanded into creating mainframe and personal computers. At one point, it was producing some 70% of all computers worldwide. Apple is owned by 59.75% institutional investors, 2.06% insiders, and 38.19% retail investors. Vanguard group is the largest institutional shareholder, holding 8.60% of AAPL shares.
It also operates in the entertainment industry, with Sony Music and the Sony Pictures Motion Picture Group, as well as developing formats such as the Blu-ray disc. If Steve Jobs had clung to his 11% Apple stock (his reported holding during Apple’s initial public offering in 1980), it would have been valued at more than $300 billion in today’s market. Its proprietary investment platform, Aladdin, stands as a bedrock tool for many seasoned investors.
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Apple is one of a few companies to achieve a $1 trillion market capitalisation, making it attractive to investors. Here, we list the largest Apple shareholders, and show you how to become a shareholder yourself. It has a growing streaming empire (Disney+, Hulu, and ESPN+) that Apple could add to its services business, which also includes streaming service Apple TV+.
Tim Cook is the current CEO and former COO of Apple, taking over from Steve Jobs as CEO in 2011 – six weeks before Jobs died due to complications from pancreatic cancer. Subscription streaming services make up a huge part of the entertainment industry. An in-depth look at the seven best electric vehicle (EV) battery stocks in the U.S. stock market this year. Despite its massive cash war chest, Apple will likely continue to focus on smaller deals. A recent focus has been on artificial intelligence (AI) startups, with the tech giant buying dozens over the past year. The acquisition spree will likely continue, with most deals falling under the radar of investors.
Who are Apple’s largest shareholders?
Apple wants to get more into live sports, which makes ESPN a potential strong strategic fit. Another way Disney could fit within Apple is to create more immersive experiences by leveraging its virtual reality (VR) expertise. It could add immersive content from Disney to that platform, like Star Wars and Avatar-type virtual worlds. Meanwhile, Apple could eventually use its VR technology to create immersive experiences at Disney parks and resorts. Apple bought the majority of Intel’s (INTC 0.58%) smartphone modem business in 2019 for $1 billion. The deal enabled the company to acquire patents for current and future wireless technology.
Now, let’s introduce you to some prominent names and entities that own a significant piece of Apple. Some of its stakeholders are passionate fans, while seasoned investors are in it to win it. 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.
Technology dominates our everyday who owns apple now lives, with devices such as smartphones, computers, and televisions playing a major role in how people work, rest, and play. As such, it shouldn’t be a huge surprise that many of the largest companies in the world are tech companies. Craig Federighi is currently the senior vice president of Software Engineering at Apple.
Apple Inc. had a total of 15,842 million outstanding shares as of December 2022. The following table shows how many shares each Apple’s large shareholder holds. Prior to assuming the CEO position in 2011, when he succeeded Jobs, Cook was Apple’s chief operating officer (COO). Lots could have changed since then, but at the time, the document revealed that Apple’s largest shareholder was the firm Vanguard Group Inc., which held 7.96% of the company’s shares, or more than 1.2 billion shares. The Vanguard Group offers the Situational Advisor service that provides clients with a one-time consultation with a financial advisor. It can be the pros and cons of buying a home, a question about your retirement, or just about any other financial issue.