Who Really Owns Google (Alphabet) and Who Controls ItOverview of who owns Alphabet (Google) and who controls it. With a list of the largest shareholders and how much is each of their stake worth. BlackRock is a publicly traded company, and its largest shareholders are its competitors, including BlackRock itself. 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.
The M1 chip and its successors delivered exceptional performance while dramatically improving battery life. This transition gave Apple complete control over both hardware and software integration. Design became a core competitive advantage for Apple under Jobs’ leadership. Jony Ive, Apple’s chief designer, created products that were both beautiful and functional.
Adapting to the Changing Landscape of Technology
- This means that a $1,000 investment in Apple stock the day “Forrest Gump” was released would now be worth $575,833.79 based on a share price of $138.20 for Apple.
- Apple Computer Company was founded on April 1, 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne as a partnership.
- Apple Watch arrived in 2015, expanding Apple’s reach into wearable technology.
- Apple Inc. is a publicly-traded company incorporated as Apple Computer Inc., with its headquarters in Cupertino, California.
- It implies that it won’t be possible to imagine or talk about the computer and mobile manufacturing industries without a mention of Apple Inc.
Apple shares are actively traded on stock exchanges like the Nasdaq. He owned 3.3 million shares as of October 2023, according to an SEC filing. Up-to-date information on Tim Cook’s ownership of Apple shares is set to be released in January 2024. Apple releases a proxy statement each year that reveals the institutions and individuals who hold 5% or more of the company’s stock. The only person who’s received a paycheck every week since we started the company.
The Birth of the Apple II: Personal Computing Takes Off
Please bear with us as we address this and restore your personalized lists. Apple’s first official CEO was Michael Scott, who led the company from 1977 to 1981. Steve Jobs later became the most famous Apple CEO, taking over in 1997 and transforming the company with products like the iMac, iPhone, and iPad. For investors, Apple represents a robust and lucrative opportunity in the tech world, offering stability, innovation, and potential long-term growth. Apple’s financial services, including Apple Pay, Apple Card, and Apple Pay Later, are part of its growing fintech ecosystem. Although Apple partners with banks like Goldman Sachs, these services are integral to Apple’s brand and are expanding into digital banking solutions.
Who owns the largest shares of Apple? ›
- Apple comprises 6.70% of the IVV portfolio, being the second-largest holding.
- After leaving Apple, Jobs quickly founded a new company called NeXT Inc. in 1985.
- Ownership of Apple Inc. is quite dispersed, and the main shareholders are asset managers investing money that belongs to other investors.
- When we fast-forward to 1997, when Apple purchased NeXT because they needed a modern operating system, Jobs returned to Apple as an interim CEO.
Though weighing 16 pounds, it marked the start of mobility in Mac computing. The Mac computer line has undergone remarkable changes since its introduction in 1984. Apple’s innovation transformed the personal computer from a bulky desktop to sleek, portable devices with stunning displays and powerful performance capabilities.
His return came after Apple purchased NeXT, the computer company Jobs had created during his absence. This decision, though unpopular with some users, helped Apple regain control of its ecosystem and set the stage for the company’s later revival. Apple earned only small licensing fees while losing hardware sales to clone makers who undercut their prices. This variety helped Apple target different market segments, from home users to professionals in design and publishing. The Apple II, introduced in 1977, marked Apple’s first major commercial success.
This number of shares represents 5.96% of the total shares outstanding as of December 28, 2020. As of September 30, 2020, the company has reported over $30 billion in earnings with equity securities worth hundreds of billions of dollars. The current CEO of Apple, Tim Cook, owns 837,374 shares who owns apple now of Apple stock that roughly translate to 0.02% of all outstanding shares.
Arthur Levinson
Notably, State Street’s holdings increased significantly by 55.9 million shares over the last quarter, marking a 10.59% rise. Vanguard Group Inc. leads as Apple’s largest institutional shareholder, owning 1.35 billion shares valued at $328.1 billion, representing 8.91% of the company. Over the last quarter, Vanguard added 21.6 million shares, marking a 1.63% growth in its stake. Institutional investors dominate Apple’s shareholder base, controlling 61.93% of total shares and 63.23% of floating shares. These stakes are distributed among 6,485 institutions, underscoring immense confidence in Apple’s long-term growth potential.
However, the actual decision power is in the hands of Vanguard’s insiders since the ownership is diluted over millions of investors worldwide. The only interesting thing about Apple’s ownership structure is that the third-largest owner is Berkshire Hathaway, a company led by legendary investor Warren Buffet. Apple’s 12-month trailing revenue and net income were $391.04 billion and $93.74 billion, respectively, as of Feb. 28, 2025.
Apple continued to expand its product lineup with innovations like the Apple Watch (2015) and AirPods (2016), further integrating its ecosystem of devices. Services like Apple Music, Apple TV+, and iCloud added recurring revenue streams and deepened customer loyalty. The iPhone quickly became Apple’s flagship product and remains its biggest source of revenue today. Apple took another giant leap in 2007 with the introduction of the iPhone. It wasn’t just a phone; it was a music player, internet communicator, and camera in one sleek device.
BlackRock is not only an asset manager, but it also provides other asset managers and corporations with its Aladdin portfolio management software. 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.
Collectively, these insiders hold stakes worth over $1.975 billion, further solidifying investor trust in Apple’s leadership team.
Who Owns Apple? – Founders and Shareholders
When the company was going public, Steve Jobs didn’t recognize ownership of some of the early employees. Johny Srouji is Apple’s senior vice president of Hardware Technologies, which now reports to CEO Tim Cook. In February 2017, Al Gore sold part of its Apple stocks – more precisely, he sold 215,437 stocks at $136.72 as reported to the SEC – which netted him over $29 million. Check out Apple’s Investor Relations page to obtain the most up-to-date information on Apple’s shareholders.
It’s easy to see such a ubiquitous company as a monolith, but Apple’s success actually relies on the decision-making of a few key individuals and organizations. Chief Executive Officer Tim Cook is the CEO of Apple and serves on its board of directors. Long before this stock purchase, Bill Gates actually bought $ 150 million in Apple stock in August 1997, a purchase that probably saved the Cupertino company from bankruptcy. Her ownership is not clear because such a small stake does not require any public disclosure. However, since she significantly reduced her Disney stake, the assumption is that she might have also reduced her stain in Apple, Inc.
Apple’s largest shareholders are Vanguard group (1.4B shares, 9.20%), Blackrock funding, inc. /de (1.12B shares, 7.40%), and Blackrock (1.05B shares, 6.82%). In situations like these, insiders of the large asset manager shareholders and insiders of the company hold significant power over it. The largest ones are asset manager Vanguard which owns 8.1% of the company, followed by BlackRock, with a 6.5% ownership share, and Berkshire Hathaway, with a 5.8% ownership share. AI Gore, an American Politician, is also one of the major individual shareholders of the company.
On November 15, 2011, Levinson replaced Steve Jobs as the Chairman of the company. In earlier years, Buffett mostly avoided technology stocks, asserting they were outside his circle of competence. Apple changed his mind, however, in large part because it operated more like a consumer products firm than a speculative tech startup. Its steady profits, massive cash reserves and core product lines fit Buffett’s love of established companies with durable competitive edges. Berkshire accumulated shares at various points, capitalizing on Apple’s robust earnings and enduring brand appeal. Over time, Apple’s rising stock price pushed it from a modest investment to a central pillar of the Berkshire portfolio.