Top Apple Shareholders
Apple Inc.’s world corporate headquarters are located in Cupertino, in the middle of California’s Silicon Valley, at Apple Park, a massive circular groundscraper building with a circumference of one mile (1.6 km). The building opened in April 2017 and houses more than 12,000 employees. Apple co-founder Steve Jobs wanted Apple Park to look less like a business park and more like a nature refuge, and personally appeared before the Cupertino City Council in June 2011 to make the proposal, in his final public appearance before his death. The iPhone is Apple’s line of smartphones, which run the iOS operating system. When it was introduced, its multi-touch screen was described as “revolutionary” and a “game-changer” for the mobile phone industry.
Who Owns the Most Stock in Apple (Institutional Investors)?
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- Arthur Levinson is an American businessman who serves as Chairman of the Board of Directors for Apple Inc.
- The third partner, Ronal Wayne, was offered a 10% stake, but he soon backed out due to his concerns that the company wouldn’t succeed, so he sold his 10%.
- This visit influenced Jobs to implement a GUI in Apple’s products, starting with the Apple Lisa.
- Mr. Williams held previous positions after joining Apple in 1998 that included Head of Worldwide Procurement.
- Founded in 1976 as Apple Computer Company by Steve Jobs, Steve Wozniak and Ronald Wayne, the company was incorporated by Jobs and Wozniak as Apple Computer, Inc. the following year.
- On January 17, 2011, Jobs announced in an internal Apple memo that he would take another medical leave of absence for an indefinite period to allow him to focus on his health.
- Is a Brazilian company that manufactures and distributes cellphone and computer accessories.
Founded in 1976 as Apple Computer Company by Steve Jobs, Steve Wozniak and Ronald Wayne, the company was incorporated by Jobs and Wozniak as Apple Computer, Inc. the following year. It was renamed Apple Inc. in 2007 as the company had expanded its focus from computers to consumer electronics. Apple is the largest technology company by revenue, with US$391.04 billion in the 2024 fiscal year. Other major institutional investors include Berkshire Hathaway Inc., which owns 1.98% of Apple shares worth $70 billion, State Street Corporation, with 3.86% at $137 billion, Geode Capital Management, LLC., with 2.21% at $78 billion, and BlackRock, Inc., at 7.23% valued at $257 billion.
Top 3 Institutional Shareholders
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 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%).
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 who owns apple now IBM’s (IBM ) personal computer business for 12 years. 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
