KONTAN.CO.ID – JAKARTA. According to Finances Online, there are about 900 million active iPhones worldwide. By 2021, Apple will control more than 25% of the mobile operating system market worldwide.
Despite this, Apple is still losing in the global phone race from Android, Apple has a strong grip on the United States (US) market.
According to Business of Apps, Apple generated $365 billion in revenue in 2021. More than half of this revenue comes from iPhone sales.
But who’s pulling the strings? It’s easy to view the ubiquitous company as a monolith, but Apple’s real success hinges on the decision-making of a few key individuals and organizations.
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Who owns Apple?
Apple is a public company, meaning its ownership is made up of shareholders. According to Macrotrends, Apple had more than 16 billion shares outstanding as of March 2022.
The largest number of shares in Apple are owned by the organization.
According to Investopedia, as of February 2021, Apple’s largest institutional shareholder was the Vanguard Group, which owned more than 1.3 billion shares, 7.83% of the shares outstanding at the time. BlackRock owns 1.11 billion shares, 6.60% shares outstanding.
Meanwhile, Berkshire Hathaway owns more than a billion shares, nearly 6% of the shares outstanding.
A large number of Apple shares are also owned by Apple insiders such as executive employees and the board of directors.
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As of December 2020, chairman Arthur Levinson owns more than 4.5 million shares, CEO Tim Cook owns more than 800,000 shares, and COO Jeff Williams owns nearly 500,000 shares, according to Investopedia.
In August 2011, Tim Cook was appointed CEO of Apple, according to the company. Prior to the death of former CEO Steve Jobs, Cook served as COO. According to the Library of Congress, Apple was founded on April 1, 1976, by Steve Jobs and Steve Wozniak.