Profile: Apple Inc. is an American multinational technology company that engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak in 1976.
Headquartered in Cupertino (California, USA), Apple operates through the following geographical segments: Americas (includes North and South America), Europe (consists of European countries, as well as India, the Middle East, and Africa), Greater China (China, Hong Kong, and Taiwan), and Rest of Asia Pacific includes Australia and Asian countries.
The company’s products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, Apple Care, iCloud, digital content stores, streaming, and licensing services.
Apple Inc is considered one of the Big Five companies in the U.S. information technology industry, along with Amazon, Google, Microsoft, and Facebook.
Top Executives: Tim Cook is the current CEO, taking over from Steve Jobs as CEO in 2011. Arthur (Art) Levinson is chairman of the board at Apple, and he’s held this role since 2011.
• Arthur (Art) Levinson, the chairman of the board at Apple, has secured a shareholding of 1,148,712 shares. The share price at the time of writing (10 June 2020) is $352.84 a share, meaning that Levinson’s shareholding in Apple amounts to $405,311,542.
• Tim Cook, the current CEO has 847,969 Apple shares, this amounts to a shareholding worth $299,197,381. But, as with other executives at Apple, Cook also has unused stock options and other employee stock benefits that he has not yet chosen to exercise.
• The Vanguard Group is one of the largest investment companies in the world with $6.2 trillion in assets under management. The company is led by Mortimer Buckley as chairman and CEO. The company held 338,533,988 shares of Apple. The Vanguard Group’s total stake in Apple is worth $119,448,332,325 (almost $120 billion).
Dividend: Apple’s Board of Directors has declared a cash dividend of $0.205 per share of the Company’s common stock. The dividend was payable on November 12, 2020, to shareholders of record as of the close of business on November 9, 2020.
Sales: On Apple’s financial results for its fiscal 2020 fourth quarter ended September 26, 2020, the Company posted record September quarter revenue of $64.7 billion and quarterly earnings per diluted share of $0.73. International sales accounted for 59 percent of the quarter’s revenue.
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