Who is the owner of apple

Apple, Inc. (AAPL), currently the world's largest company by market value, designs, manufactures, and sells a wide range of consumer technology devices including smartphones, tablets, personal computers, and wearables. Some of its best-known products include the flagship iPhone brand, and also the iPad and Mac lines. Apple is expanding its service revenue by dramatically growing its cloud services business, and by selling streaming entertainment like Apple TV+ and Apple Music.

The top shareholders of Apple are Arthur Levinson, Tim Cook, Jeff Williams, Vanguard Group Inc., BlackRock Inc. (BLK), and Berkshire Hathaway Inc. (BRK.A).

Apple's 12-month trailing revenue and net income are $268 billion and $57.2 billion, respectively. The company's market cap currently is nearly $1.7 trillion. All figures are as of July 13, 2020.

Below, we'll look at Apple's top six shareholders in more detail.

"Insider" refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company's stock. In this context, it has nothing to do with insider trading.

Arthur Levinson owns 4,592,140 shares of Apple stock as of Dec. 28, 2020. Levinson has been the chair of the board of Apple since 2011, and a co-lead director since 2005, having originally joined in 2000. In his role as director, Levinson has served on all three board committees: audit and finance, nominating and corporate governance, and compensation.

Levinson is a former chair of biotech company Genentech Inc. and is the founder and current CEO of biotech company Calico.

Tim Cook owns 837,374 shares of Apple stock, representing 0.02% of all outstanding shares. Cook rose to CEO of Apple in 2011 after the death of founder and longtime CEO Steve Jobs. Cook, who arrived at Apple in 1998, was the chief operating officer, responsible for all worldwide sales and operations.

Cook also headed Apple’s Macintosh division and played a key role in the continued development of strategic reseller and supplier relationships. Prior to joining Apple, Cook was Vice President for Corporate Materials for Compaq, and Director of North American fulfillment for IBM.

Jeff Williams, who is the Chief Operating Officer at Apple, owns 489,260 shares of Apple stock as of Dec. 28, 2020. Mr. Williams, 57, oversees Apple’s global operations and the development of Apple Watch and Apple's health initiatives. After joining Apple in 1998, Mr. Williams held previous positions that included Senior VicePresident, Operations, and Head of Worldwide Procurement. Before joining Apple, Mr. Williams worked in a number of roles at IBM from 1985 to 1998.

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.

The top three institutional investors own—in total—slightly more than 20% of the outstanding common stock outstanding for Apple as of Dec. 28, 2020.

Vanguard Group owns more than 1.3 billion shares of Apple, representing 7.83% of total shares outstanding, as of Dec. 28, 2020. Vanguard is primarily a mutual fund and ETF management company with about $6.2 trillion in global assets under management (AUM).

The Vanguard S&P 500 ETF (VOO) is one of the company's largest exchange traded funds (ETFs) with about $636 billion in net assets. Apple is the number one holding, comprising 6.7% of the VOO portfolio as of Dec. 31, 2020.

BlackRock owns 1.11 billion shares of Apple, representing 6.60% of total shares outstanding. BlackRock is primarily a mutual fund and ETF management company with approximately $8.67 trillion in AUM as of Dec. 31, 2020.

The iShares Core S&P 500 ETF (IVV) is among one of BlackRock's largest ETFs with more than $251 billion in net assets as of Feb. 5, 2021. Apple is the second-largest holding, comprising 6.70% of the IVV portfolio.

Berkshire Hathaway owns more than 1 billion shares of Apple, representing 5.96% of total shares outstanding, as of Dec. 28, 2020. Led by billionaire investor Warren Buffett, Berkshire Hathaway is a diversified holding company with investments in a broad range of industries including insurance, railroads, gas and electric utilities, and more.

The company, which reported over $30 billion in earnings as of Sept. 30, 2020, also holds a sizable portfolio of equity securities valued at hundreds of billions of dollars.

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Steve Jobs was a charismatic pioneer of the personal computer era. With Steve Wozniak, Jobs founded Apple Inc. in 1976 and transformed the company into a world leader in telecommunications. Widely considered a visionary and a genius, he oversaw the launch of such revolutionary products as the iPod and the iPhone.

Steve Jobs was born in 1955 and raised by adoptive parents in Cupertino, California. Though he was interested in engineering, his passions as a youth varied. After dropping out of Reed College, Jobs worked as a video game designer at Atari and later went to India to experience Buddhism. In 1976 he helped launch Apple.

In 2003 Jobs was diagnosed with a rare form of pancreatic cancer, and the following year he underwent a major reconstructive surgery known as the Whipple operation. In 2009 Jobs received a liver transplant. In August 2011 he resigned as CEO of Apple, and two months later, at age 56, he died.

Steve Jobs, in full Steven Paul Jobs, (born February 24, 1955, San Francisco, California, U.S.—died October 5, 2011, Palo Alto, California), cofounder of Apple Computer, Inc. (now Apple Inc.), and a charismatic pioneer of the personal computer era.

Jobs was raised by adoptive parents in Cupertino, California, located in what is now known as Silicon Valley. Though he was interested in engineering, his passions of youth varied. He dropped out of Reed College, in Portland, Oregon, took a job at Atari Corporation as a video game designer in early 1974, and saved enough money for a pilgrimage to India to experience Buddhism.

Apple I

Back in Silicon Valley in the autumn of 1974, Jobs reconnected with Stephen Wozniak, a former high school friend who was working for the Hewlett-Packard Company. When Wozniak told Jobs of his progress in designing his own computer logic board, Jobs suggested that they go into business together, which they did after Hewlett-Packard formally turned down Wozniak’s design in 1976. The Apple I, as they called the logic board, was built in the Jobses’ family garage with money they obtained by selling Jobs’s Volkswagen minibus and Wozniak’s programmable calculator.

Jobs was one of the first entrepreneurs to understand that the personal computer would appeal to a broad audience, at least if it did not appear to belong in a junior high school science fair. With Jobs’s encouragement, Wozniak designed an improved model, the Apple II, complete with a keyboard, and they arranged to have a sleek, molded plastic case manufactured to enclose the unit.

Who is the owner of apple

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Though Jobs had long, unkempt hair and eschewed business garb, he managed to obtain financing, distribution, and publicity for the company, Apple Computer, incorporated in 1977—the same year that the Apple II was completed. The machine was an immediate success, becoming synonymous with the boom in personal computers. In 1981 the company had a record-setting public stock offering, and in 1983 it made the quickest entrance (to that time) into the Fortune 500 list of America’s top companies. In 1983 the company recruited PepsiCo, Inc., president John Sculley to be its chief executive officer (CEO) and, implicitly, Jobs’s mentor in the fine points of running a large corporation. Jobs had convinced Sculley to accept the position by challenging him: “Do you want to sell sugar water for the rest of your life?” The line was shrewdly effective, but it also revealed Jobs’s own near-messianic belief in the computer revolution.

Steve Jobs

During that same period, Jobs was heading the most important project in the company’s history. In 1979 he led a small group of Apple engineers to a technology demonstration at the Xerox Corporation’s Palo Alto Research Center (PARC) to see how the graphical user interface could make computers easier to use and more efficient. Soon afterward, Jobs left the engineering team that was designing Lisa, a business computer, to head a smaller group building a lower-cost computer. Both computers were redesigned to exploit and refine the PARC ideas, but Jobs was explicit in favouring the Macintosh, or Mac, as the new computer became known. Jobs coddled his engineers and referred to them as artists, but his style was uncompromising; at one point he demanded a redesign of an internal circuit board simply because he considered it unattractive. He would later be renowned for his insistence that the Macintosh be not merely great but “insanely great.” In January 1984 Jobs himself introduced the Macintosh in a brilliantly choreographed demonstration that was the centrepiece of an extraordinary publicity campaign. It would later be pointed to as the archetype of “event marketing.”

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However, the first Macs were underpowered and expensive, and they had few software applications—all of which resulted in disappointing sales. Apple steadily improved the machine, so that it eventually became the company’s lifeblood as well as the model for all subsequent computer interfaces. But Jobs’s apparent failure to correct the problem quickly led to tensions in the company, and in 1985 Sculley convinced Apple’s board of directors to remove the company’s famous cofounder.

Jobs quickly started another firm, NeXT Inc., designing powerful workstation computers for the education market. His funding partners included Texan entrepreneur Ross Perot and Canon Inc., a Japanese electronics company. Although the NeXT computer was notable for its engineering design, it was eclipsed by less costly computers from competitors such as Sun Microsystems, Inc. In the early 1990s Jobs focused the company on its innovative software system, NEXTSTEP.

Meanwhile, in 1986 Jobs acquired a controlling interest in Pixar, a computer graphics firm that had been founded as a division of Lucasfilm Ltd., the production company of Hollywood movie director George Lucas. Over the following decade Jobs built Pixar into a major animation studio that, among other achievements, produced the first full-length feature film to be completely computer-animated, Toy Story, in 1995. Pixar’s public stock offering that year made Jobs, for the first time, a billionaire. He eventually sold the studio to the Disney Company in 2006.