Who owns the most shares of Apple? Here’s a look at the company’s biggest shareholders. – Yahoo Finance
There are around 900 million active iPhones around the globe, according to Finances Online. In 2021, Apple controlled over 25% of the mobile operating system market worldwide, and despite losing the global phone race to Android, Apple has a tight grip on the United States market.
Apple generated $365 billion in revenue in 2021, according to Business of Apps. Over half of this revenue was from iPhone sales.
But who’s pulling the strings? 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.
Apple is a public company, meaning its ownership consists of shareholders. According to Macrotrends, Apple had over 16 billion shares outstanding as of March 2022.
Apple’s largest share quantities are owned by organizations. 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.
Large numbers of Apple shares are also owned by Apple insiders — executive employees and those on the board of directors. As of December 2020, chairman Arthur Levinson owned over 4.5 million shares, CEO Tim Cook owned over 800,000 shares, and COO Jeff Williams owned almost 500,000 shares, according to Investopedia.
Who owns Google?: The same company that owns Waze and YouTube.
Who is the richest person in the world?: It’s not Jeff Bezos anymore.
In August 2011, Tim Cook was named CEO of Apple, according to the company. Before the death of former CEO Steve Jobs, Cook served as COO.
According to the Library of Congress, Apple was founded April 1, 1976, by Steve Jobs and Steve Wozniak.
Just curious?: We’re here to answer your everyday questions.
This article originally appeared on USA TODAY: Who owns Apple? The publicly traded company’s biggest shareholders.
(Reuters) -The slide in U.S. stock prices punished Berkshire Hathaway Inc’s bottom line in the second quarter, as the conglomerate run by billionaire Warren Buffett on Saturday reported a $43.8 billion loss. Berkshire nevertheless generated nearly $9.3 billion of operating profit, as gains from reinsurance and the BNSF railroad offset fresh losses at the Geico car insurer, where parts shortages and higher used vehicle prices boosted accident claims. Despite the huge net loss, "the results show Berkshire’s resilience," said James Shanahan, an Edward Jones & Co analyst who rates Berkshire "neutral."
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(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. is following an age-old adage: Buy the dip.Most Read from BloombergR Kelly Has $28,000 in His Prison-Inmate Account. Prosecutors Want to Seize ItChina Announces Sanctions on Nancy Pelosi Over Taiwan TripYOLO Stock Bulls Say Wake Me When Fed Tightening Starts to BiteDemocrats Drop Carried Interest as Sinema Paves Way for Tax VoteThe conglomerate was a net buyer of equities in the quarter, reporting $3.8 billion in purchases, according to res
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Households that make over $200,000 annually comprise just a sliver of all tax returns that are filed in a given year, but their movement between states can have a significant financial impact. When a state loses more high-earning tax filers … Continue reading → The post Where High-Earning Households Are Moving – 2022 Study appeared first on SmartAsset Blog.
Ford Motor Company ( NYSE:F ) stock is about to trade ex-dividend in three days. Typically, the ex-dividend date is one…
The industrial giant will separate into three new companies that could be worth more than it is now.
Chief Executive Elon Musk owns 15.6% of Tesla, according to Refinitiv data, after selling millions of shares last year. Each stockholder of record on Aug. 17 will get a dividend of two additional shares for each share held, to be distributed after close of trading on Aug. 24, the company said. The new share split comes two years after a five-for-one split helped bring down the price of the high-flying stock within the reach of ordinary investors.
Kyrsten Sinema, the moderate senator from Arizona, reaches a deal with Democratic leadership to support the Inflation Reduction Act. The compromise could impose a 1% excise tax on stock buybacks.
The tax would help fund the climate and healthcare deal proposed by Democrats. If it goes through, larger companies would bear the burden.
Taking on higher risk typically entails the potential for higher reward as investors need to be properly compensated for the risk they’re taking. Risk can come in many forms — perhaps the company has a worrisome debt load. Carvana (NYSE: CVNA) is arguably the ultimate high-risk, high-reward stock.
One of the main reasons for investing in real estate investment trusts (REITs) is the kind of dividends many pay. While Treasury bonds are just beginning to catch up with inflation, some REITs offer better yields as long as investors are willing to accept the risks attached to owning them. Here are eight high-dividend REITs priced for less than $10 per share: Related: Invest Like A Wealthy Real Estate Mogul For Just $10 ARMOUR Residential REIT Inc. (NYSE: ARR) pays a 15.15% dividend, and it’s pr
Recently, Zacks.com users have been paying close attention to Devon Energy (DVN). This makes it worthwhile to examine what the stock has in store.
The Apple (AAPL) empire might be spearheaded by its flagship product, the iPhone, but along with plenty of other hardware offerings, its Services segment has been growing at a fast pace. There’s also talk of a “game changing” AV/VR headset and even of an Apple Car at some point. But Needham analyst Laura Martin thinks there’s also the prospect of another big revenue stream. “We believe AAPL is in the early stages of building a new mobile advertising platform,” says Martin, who thinks ad revenue
ClearBridge Investments, an investment management firm, published its “Large Cap Growth ESG Strategy” second quarter 2022 investor letter – a copy of which can be downloaded here. The ClearBridge Dividend Strategy outperformed its S&P 500 Index benchmark during the second quarter. On an absolute basis, the Strategy had gains in one of the 11 sectors […]
Berkshire Hathaway’s $6.3 billion hidden portfolio has piled nearly all of its capital into two sectors.
Elon Musk enjoys and cultivates celebrity status as the CEO of Tesla . Fanboys of the executive fell over themselves at the Aug. 4 annual meeting to show their appreciation for Musk’s role in developing electric vehicles. In addition to Tesla, he runs SpaceX, Boring Co. and Neuralink.
Whether you’re 27 and starting a career or 57 and planning for retirement, you may wonder, “Do I need to hire a financial planner?” Will paying an adviser’s fee result in substantially better financial decisions and fewer costly mistakes? If you’re a diligent saver and competent investor, you may figure there’s little reason to purchase an adviser’s services. If you don’t know something, such as whether converting to a Roth IRA makes sense or not, you’re comfortable researching the answer on your own.
Large-cap growth and clean energy stocks picked up steam, leading some of the best mutual funds and ETFs to post impressive returns.
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August 6, 2022 at 01:17PM