Apple Inc. is a publicly traded company, so no individual or entity owns the company in its entirety. However, the majority stakeholder of the company as of 2023 is The Vanguard Group, which holds 7.6% of all outstanding shares.
Apple's Board of Directors oversees the Chief Executive Officer and other senior management in the competent and ethical operation of Apple on a day-to-day basis and assures that the long-term interests of shareholders are being served.
According to the latest TipRanks data, approximately 63.70% of Apple (AAPL) stock is held by retail investors. Who owns the most shares of Apple (AAPL)? Vanguard owns the most shares of Apple (AAPL).
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Who legally owns Apple?
Apple is a public company owned by numerous institutional and individual investors. The largest share of AAPL outstanding stock belongs to institutional investors, including the world's largest asset management groups such as Vanguard, Blackrock, State Street, and Berkshire Hathaway.
Apple Inc. is the world's second-largest company by market value. The company's market cap was about $2.64 trillion as of March 2024. The Vanguard Group was Apple's top shareholder as of January 2024 with more than 1.27 billion shares representing 8.27% of total shares.
The iPhone company is Apple Inc., and its ownership is distributed among its shareholders. Apple Inc. is a publicly traded company, so it doesn't have a single owner. Instead, it is owned by individuals and institutions who hold shares of the company's stock.
Apple CEO Tim Cook's 2023 compensation of $63,209,845 surpassed the $49 million target by 28%. The pay ratio between Cook and the median compensated employee is 672 to 1. The annual compensation of other top executives, including Luca Maestri, Kate Adams, and Deirdre O'Brien, was also disclosed.
While he's openly said he's not planning on going any time soon, per Fortune, Cook has admitted that there's a succession plan. According to Bloomberg, one man has emerged as the front runner – 49-year-old John Ternus.
Tim Cook (born November 1, 1960, Mobile, Alabama, U.S.) is an American technology executive who has been the chief executive officer (CEO) of the technology company Apple Inc.
Apple is a US based company that was started and incorporated in the United States. It is owned by its shareholders as it is a public company traded on the stock exchange.
No company owns Apple. It's a publicly traded company owned by its shareholders. Most of Apple's largest shareholders are asset management companies that own shares on behalf of their mutual fund and exchange-traded fund (ETF) clients. The Vanguard Group is its largest shareholder at 8.5% of Apple's outstanding shares.
Apple, the Apple logo, Apple TV, iPad, iPhone, iTunes, and Mac are trademarks of Apple Inc., registered in the U.S. and other countries and regions. Apple Vision Pro is a trademark of Apple Inc. Apple TV+ and iTunes Store are service marks of Apple Inc., registered in the U.S. and other countries and regions.
On April 1, 1976, Apple Computer Company was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne. The company was registered as a California business partnership. Wayne, who worked at Atari, Inc.
Ownership of Apple is distributed among its shareholders. The largest shareholders typically include institutional investors, mutual funds, and individual stockholders. Tim Cook, who succeeded Jobs as CEO, leads the company, but no single person owns Apple; rather, it is owned collectively by its shareholders.
There isn't one single ``owner'' of the iPhone company, as Apple Inc., the company that designs and manufactures iPhones, is a publicly traded company. This means that ownership is spread out among various shareholders who own shares of the company's stock.
Is Tim Cook a billionaire? Yes. Tim Cook ranks 1,523 among the world's billionaires, according to Forbes as of September 16, 2024. His net worth is $2.2 billion.
Apple is a publicly traded company, so it is owned collectively by all of the people who hold stock in it. Shareholders are represented within the company by the board of directors. As both the CEO and a member of the board of directors, Tim Cook is indeed the single most powerful person at Apple.
