Who owns Apple and who are the biggest shareholders?

Selling for $666.66, the Apple I was a bare motherboard with a basic CPU, random access memory (RAM), and video capabilities, but no keyboard or monitor. Nevertheless, the company’s first product marked the garage start-up’s first success—however minor—selling 200 units that year. Later that year, Ronald Wayne decided to leave the fledgling company, selling back his 10% share for $800.

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Notice that former US Vice President, Al Gore, has been on Apple’s board of directors since 2003. Apple Inc. had a troubled history where it changed ownership several times. When the company was going public, Steve Jobs didn’t recognize ownership of some of the early employees. Sewell is an Apple executive who joined the company from Intel Corporation in 2009.

Public affiliations

The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. Institutional shareholders including The Vanguard Group and Blackrock own 15.93% of the company’s outstanding shares. Shareholders are also able to call for special meetings and propose resolutions for consideration. Although Apple has traditionally had a decentralized approach with regard to decision-making, having multiple stakeholders with various interests involved in major corporate events allows different perspectives to be considered. This helps foster collaboration between investors, executives, and employees, which ultimately benefits the direction that Apple takes. Those stocks, which amounted to 5,546,451, comprised 0.60% of the company (on a total of 921,043,522 shares at the time), which was held indirectly through a trust fund.

Berkshire Hathaway

At the time of writing, excluding any previous sales, Cook held 847,969 Apple shares. Using the price of $352.84 a share, this amounts to a shareholding worth $299,197,381. But, as with other executives at Apple, Cook also has unused stock options and other employee stock benefits that he has not yet chosen who owns apple to exercise. We want to clarify that IG International does not have an official Line account at this time. We have not established any official presence on Line messaging platform. Therefore, any accounts claiming to represent IG International on Line are unauthorized and should be considered as fake.

Key products and services

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The advisor can’t manage your money for you but can provide you with knowledgeable guidance. Jeff Williams, the Chief Operating Officer at Apple, owned 489,817 shares of Apple stock as of Jan. 2, 2024. Mr. Williams oversees Apple’s global operations and the development of Apple Watch and Apple’s health initiatives.

Since its founding in 1976, the technology giant has grown into a diversified technology giant that sells devices such as iPhones, iPads, and Mac computers, as well as software and streaming services such as video games and Apple TV+. When it comes to acquisitions, Apple’s strategy has been to purchase small tech companies that it can easily integrate into its expanding line of products. As with a majority of companies around the world, Apple was affected by the coronavirus pandemic – which put a temporary halt to sales in Apple stores amid worldwide government lockdowns. But, Apple has since recovered to post its strongest share price performance to date (at the time of writing). Apple’s shareholders have a significant degree of influence on the company’s decisions. Major shareholders can affect decision-making processes at Apple as they own large percentages of the company’s stock, which can give them voting power when it comes to certain matters.

On September 7, 2016, Apple announced the iPhone 7 and iPhone 7 Plus with an improved camera and a faster processor than the previous generation. The iPhone 7 and iPhone 7 Plus have high storage options.On October 27, 2016, Apple announced the new 13 and 15 inch MacBook Pro with a retina Touch Bar.On March 21, 2017, Apple announced the iPad (2017). This is the iPad Air 2 successor, equipped with a faster processor, and starts at $329. On November 25, 2013, Apple acquired a company called PrimeSense.[191] On May 28, 2014, Apple acquired Beats Electronics, producers of the popular Beats by Dre headphone and speaker range, as well as streaming service Beats Music. Apple opened several “mini” stores in October 2004 to capture markets where demand does not necessarily dictate a full-scale store. The first of these stores was opened at Stanford Shopping Center in Palo Alto, California.

He used the money from selling his stocks to purchase Pixar, which was sold to Disney in 2006, granting Steve Jobs an 8% stake in the company. As this percentage has gone below 5%, there is no obligation for information about such ownership to be reported, making it difficult to know what Steve Jobs’ widow currently holds. Apple Inc. (AAPL) is a global technology company that designs, manufactures, and sells smartphones, personal computers, tablets, wearables, and accessories.

Craig Federighi, a senior vice president of software engineering (who works on development of Apple’s operating systems) owns 460,367 shares. As shown in Walt Disney financials, Laurene Powell Jobs Trust still owned 7.8% of the company’s stocks in 2016, corresponding to 128,301,176 shares. As of 2018, that information is missing, which tells us that Jobs’ wife sold part of those stocks. Prior to assuming the CEO position in 2011, when he succeeded Jobs, Cook was Apple’s chief operating officer (COO). The tech giant started out operating from the Jobs’ family garage and has since grown into a diversified technology behemoth.

The contributions made by Steve Jobs and Steve Wozniak cannot be underestimated when discussing how far Apple has come since its founding days in 1976. In April 1976, they founded Apple Computer Company (now Apple Inc.) in California with an investment of $1,350 in starting capital from them (Jobs had to sell his Volkswagen microbus, while Wozniak sold his Hewlett-Packard calculator). They created an initial partnership agreement that made Jobs and Wozniak equal partners with 50/50 stakes.

Upon exiting Apple, Jobs founded another computer company, NeXT Inc., in 1985. The next year, he purchased Lucasfilm’s Computer Graphics Division to create Pixar Animation Studios. Cook rose to CEO of Apple in 2011 after the death of founder and longtime CEO Steve Jobs. Cook arrived at Apple in 1998 and was the chief operating officer, responsible for all worldwide sales and operations before being named CEO. Apple Inc. is an American multinational corporation and technology company headquartered in Cupertino, California, in Silicon Valley. It designs, develops, and sells consumer electronics, computer software, and online services.

It was another 12 months before the iPhone 3G became available on July 11, 2008. Apple announced the iPhone 3GS on June 8, 2009, along with plans to release it later in June, July, and August, starting with the U.S., Canada, and major European countries on June 19. This 12-month iteration cycle has continued with the iPhone 4 model arriving in similar fashion in 2010, a Verizon model was released in February 2011, and a Sprint model in October 2011, shortly after Jobs’ death. After creating a sizable financial base to work with, the company began experimenting with new parts from new suppliers. Apple could produce new designs quickly, and released the iPod Video, then the iPod Classic, and eventually the iPod touch and iPhone. Originally featuring two G4 chips, the Xserve was unusual for Apple in two ways.

The stock has split 2 for 1 three times on June 15, 1987, June 21, 2000, and February 28, 2005. Apple initially paid dividends from June 15, 1987, to December 15, 1995. Apple announced the 4K Apple TV with 4K, HDR and Dolby Vision experience, and the Apple Watch Series 3, supporting a cellular connection, running watchOS 4. In 1995, to achieve deeper market penetration and extra revenue, Apple officially began licensing the Mac OS and Macintosh ROMs to 3rd party manufacturers. The “Clonintoshes” competed with Apple’s own Mac’s and reduced Apple’s sales.

However, as I mentioned, he sold his shares around 1985 when he left active work at Apple. After he left Apple, Jobs founded NeXT and bought a stake in Pixar from George Lucas. 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. Over the years, his stake grew to 0.6% of Apple, thanks to his CEO rewards.

Steve Jobs’s parents lived on Crist Drive in Lost Altos, California, and Steve Jobs started operations of Apple right from there. Jobs, now an advisor to Apple’s embattled CEO, quickly became disenchanted with the company’s direction, selling all but one share of the Apple stock he had received in the NeXT sale. Sculley also promised more than Apple could deliver with Newton, a personal digital assistant (PDA) that suffered from poor handwriting recognition and diverted company engineering and financial resources. But as both companies began to quarrel over CHRP engineering specifications and costs mounted to about $400 million for Taligent and $200 million for Kaleida Labs, Apple pulled out with little to show for its investment. The Mac II was the first of the Mac line to incorporate color graphics and a modular design, while the Mac SE was the first of its series to offer an expansion slot (later including a hard drive bay as a standard feature).