BlackRock owned 1,029 million shares in Apple and controlled 1,029 million shareholder votes as of December 2022. However, the actual decision power is in the hands of Vanguard’s insiders since the ownership is diluted over millions of investors worldwide. Vanguard differs from other large asset managers by having no actual “owner .” Officially Vanguard says that its investors own it since its funds own it, and Vanguard fund investors own those funds. Vanguard owned 1,278 million shares in Apple and controlled 1,278 million shareholder votes as of December 2022. The following table summarizes how much is each shareholder’s stake in Apple Inc. worth.
Who Owns the Most Apple Stock?
Some of its main products include the iPhone, the Mac line of personal computers and laptops, the iPad, the Apple Watch, and Apple TV. The company also has a fast-growing services business that includes its iCloud cloud service and its digital streaming-content services, such as Apple Music and Apple TV+. Apple was founded as Apple Computer Company on April 1, 1976, to produce and market Steve Wozniak’s Apple I personal computer. Its second computer, the Apple II, became a best seller as one of the first mass-produced microcomputers.
What Are Some of Arthur Levinson’s Other Achievements?
It is a conglomerate of insurance businesses, utilities, and other companies. As a result of its large insurance operations, it who owns apple now has a large investment portfolio of other people’s money (insurance float) that it can invest. Apple Inc. had a total of 15,842 million outstanding shares as of December 2022.
More key individual Apple shareholders
Let’s now go through the list of the largest shareholders of Apple Inc. one by one and look at who they are, how many shares they own, what is their voting power, and how much is their stake in Apple worth. According to Investopedia, as of February 2021, Apple’s biggest institutional shareholder was the Vanguard Group, which owned more than 1.3 billion shares, 7.83% of shares outstanding at that time. BlackRock owned 1.11 billion shares, 6.60% of shares outstanding. Berkshire Hathaway owned more than a billion shares, almost 6% of shares outstanding. You should familiarise yourself with these risks before trading on margin.
There were 15,842 million votes distributed among shareholders of Apple Inc.. The table below shows the total number of votes for each large shareholder. Share dealing and IG Smart Portfolio accounts provided by IG Trading and Investments Ltd, CFD accounts and US options and futures accounts are provided by IG Markets Ltd, spread betting provided by IG Index Ltd.
- The market for personal computers expanded and evolved throughout the 1990s, and Apple lost considerable market share to the lower-priced Wintel duopoly of the Microsoft Windows operating system on Intel-powered PC clones.
- Jobs’ widow, Laurene Powell Jobs, inherited 5.5 million shares of Apple stock, according to company documents from 2011.
- Tim Cook said at the time of the announcement that Apple’s installed basis of active devices had topped 2.2 billion and this was before the launch of the Apple Vision Pro in 2024.
- At the time of writing, excluding any previous sales, Cook held 847,969 Apple shares.
The following people are more accurately called Apple (AAPL) insiders rather than investors, because they’ve amassed their shareholdings as part of their compensation package as employees or board members of Apple. As of July 16, 2021, Apple had 16,530,166,000 shares outstanding. On April 30, 2021, the European Commission, the EU’s antitrust regulator, charged Apple with levying high commission fees in the App Store and prohibiting developers from providing information on alternative ways to use their services. On Oct. 6, 2021, Reuters reported that the European Union (EU) will soon file an antitrust charge against Apple over the company’s near-field communication (NFC) chip technology, according to people familiar with the matter.
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, the company’s internal problems included the high cost of its products and power struggles between executives. That year Jobs left Apple to form NeXT, Inc., and Wozniak withdrew to other ventures. The market for personal computers expanded and evolved throughout the 1990s, and Apple lost considerable market share to the lower-priced Wintel duopoly of the Microsoft Windows operating system on Intel-powered PC clones. The biggest individual insider shareholder of Apple is Arthur Levinson, who has been the company’s chair of the board since 2011.
The company is described as a conglomerate holding company, rather than an investment company, because it wholly owns well-known brands including Dairy Queen, Fruit of the Loom, Helzberg Diamonds and BNSF. He reports directly to Tim Cook on Apple’s entire worldwide operations, and customer service and support. He also leads Apple’s design team – a role which he took over following the departure of Jony Ive as chief design officer. 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.
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. Steve Wozniak, from time to time, represents Apple at some events. Based on his claims, he technically never stopped to be an employee of Apple, even after he left the company in 1985.
BlackRock is not only an asset manager, but it also provides other asset managers and corporations with its Aladdin portfolio management software. Vanguard has significant influence over the largest public companies. Thanks to its size, Vanguard usually belongs to the largest shareholders in those companies and has considerable power at their shareholder meetings. Vanguard (The Vanguard Group) is one of the largest asset managers in the world.
Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It is best known for its consumer electronics, software, and services. 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. With a shareholding of 33,854, Deirdre O’Brien holds Apple stock worth $11,945,045 at the time of writing, using that same stock price of $352.84 a share. BlackRock Inc. owned about 1.1 billion shares, which was 6% of the shares issued, according to the document.
You must be a shareholder on or before the next ex-dividend date to receive the upcoming dividend. Schedule monthly income from dividend stocks with a monthly payment frequency. Amid a sales slump for Apple, Jobs resigned, founded the company, and poached Apple talent to work for NeXT. He owned 3.3 million shares as of October 2023, according to an SEC filing. Apple’s latest proxy statement is set to be released in January 2024. Until then, we only know what the ownership looked like as of January 2023, almost a full year ago.
