Revealed: the top shareholders of Apple
Founded by Steve Jobs and Steve Wozniak in 1976, Apple was born from humble beginnings — from Jobs’ garage to now reigning as the world’s largest company (in terms of market value). In August 2020, Apple became the second company in the world to be valued at $2 trillion, and also hit a record $64.7 billion in revenue in its fourth quarter of the same year.
You can use financial derivatives, such as contracts for difference (CFD), when trading in the stock market and on an online CFD platform like Skilling, for example. With CFD trading you can speculate on the value of and invest in some of the world’s largest and most influential companies, like Apple.
Since stocks are equities, when you purchase Apple shares, you will own a minute portion of the tech giant, becoming a shareholder. You might be wondering who the largest shareholders of Apple are, and in this article, we will reveal who owns the majority of the revolutionary company.
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Arthur Levinson
Arthur Levinson is Apple’s majority shareholder and holds 1,148,712 shares. Since Apple stock is selling for $160.24 (at the time of writing), this would mean that his shareholding is worth $184,069,611.
Levinson has been chairman of Apple’s board since 2011, and over the years he has spent working at the tech giant, will have seen the value of the company’s stock change dramatically. For example, if we look back to 2020, Apple stock was selling at $352.84 per share, meaning that Levinson’s shareholding would have been worth $405,311,542.
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Tim Cook
Following Steve Jobs’ tragic passing in 2011, Tim Cook replaced him as CEO of Apple. Cook has been part of the team since 1998 and before becoming CEO, worked as the company’s Chief Operating Officer — in charge of all sales and operations.
Earlier this year, it was revealed that Cook owned 837,374 shares of the company, which equates to 0.02% of Apple’s total outstanding shares.
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Jeff Williams
Jeff Williams joined Apple in 1998 and since then has held multiple different roles within the company. These include: Senior Vice President, Head of Worldwide Procurement and Operations, and his present role — managing Apple’s global operations.
Williams has also been one of the leading developers of the Apple watch and the collective health Apple enterprise, which heralds as one of the company’s biggest assets. At the close of 2020, Williams held 489,260 shares of Apple.
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Al Gore
You may have heard of Al Gore, not because of his role at Apple, but because he was the former vice president of the United States. In addition to his role as an American politician, Gore is an influential member of Apple’s board, joining back in 2003.
Since then, he has developed an impressive shareholding, which in 2020 amounted to 115,013 shares. This means that his shareholding at this time was worth $40,581,539.
Should you buy Apple stock right now?
At the time of writing, Apple stock isn’t currently a buy. In October 2021, the tech leader released a new MacBook Pro and third-generation AirPods, resulting in shares rising by 1.2%.
However, the stock currently records an IBD Relative Strength Rating of 60 out of a possible 99 and an IBD Composite Rating of 82 out of 99. Since the best stocks to purchase have a rating of 90 or better, Apple does not currently fall into a buy zone.
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The stock market is highly volatile and because of this, stock prices are always subject to change. To ensure that you’re investing in the best stocks right now, you should ensure that you research both the past and current performance of the stock, to gain a full overview and make the best investment decisions.