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Apple, Inc. (AAPL) is one of the largest companies in the United States and the first to achieve a market valuation of $1 trillion on Aug. 2, 2018. Although Apple was able to maintain that historic market capitalization from August to November of 2018, the tech giant has since shed roughly $130 billion from its all-time high due to slowing iPhone sales. Apple announced its Q4 2018 earnings on Nov. 1, 2018. The global tech giant reported $62.9 billion in revenues this quarter, nearly a 20% increase from $52.6 billion over the same period last year.
On Dec. 13, 2018, Apple announced plans to build a $1 billion headquarters in Austin, Texas. The 133-acre campus is expected to bring as many as 15,000 additional engineering, sales, and customer support jobs to Austin, making Apple the largest private employer in the city. Apple’s domestic and international expansion has made it one of the most popular stocks on the market today, with an average trading volume of close to 21 million shares daily.
For that reason, it shouldn’t surprise that many current and former Apple executives have taken the opportunity to amass sizable positions in the company. In this article, we take a closer look at the top five individual shareholders of Apple, Inc. as of Dec. 13, 2018.
Arthur Levinson, Chairman of the Board
Arthur Levinson is the chairman of the board of Apple, the current CEO of Calico, and the single-largest individual shareholder with 1.1 million shares as of Aug. 3, 2018. In addition to sitting on Apple’s board of directors since 2000, Levinson serves on the board of the Broad Institute, a biomedical research center affiliated with MIT and Harvard. Levinson’s current work at Calico focuses on combating aging and related illnesses. The company was launched by Alphabet in 2013.
Levinson holds a bachelor’s degree from the University of Washington in Seattle and a Ph.D. in biochemistry from Princeton University.
Tim Cook, Chief Executive Officer
Tim Cook is the current chief executive officer (CEO) of Apple and the second-largest individual shareholder with 878,425 shares as of Aug. 24, 2018. Prior to being named CEO, Cook served as Apple’s chief operating officer, responsible for the company’s international sales and operations. Before joining in Apple in 1998, Cook worked for computer distributor Compaq as the company’s Vice President for Corporate Materials.
Cook holds a bachelor’s degree from Auburn University and an MBA from Duke University.
Craig Federighi, Senior VP of Software Engineering
Craig Federighi is Apple’s senior vice president of software engineering and the company’s third-largest shareholder with 412,571 shares as of Aug. 9, 2018. In this capacity, Federighi oversees the development of iOS, OS X, and Apple’s common operating system with a team of engineers. Federighi and his team of engineers are responsible for delivering the software that powers Apple’s product line, from user interface to application programming. The senior vice president formerly worked under Steve Jobs at NeXT, where he helped develop the Enterprise Objects Framework. Federighi joined Apple when it acquired NeXT in 1996.
Federighi holds a bachelor’s degree in computer science and a master’s degree in electric engineering from the University of California, Berkeley.
Jeffrey Williams, Chief Operating Officer
Jeff Williams is Apple’s chief operating officer and fourth-largest individual shareholder with 108,085 shares of the company as of Oct. 3, 2018. Williams first joined Apple in 1998 as the company’s head of worldwide procurement and six years later he was named vice president of operations. In 2007, Williams worked on the team that helped launch the iPhone into the global mobile phone market, and he has led worldwide operations for iPod and iPhone sales since that time.
Williams holds a bachelor’s degree in mechanical engineering from North Carolina State University and an MBA from Duke University.
Bruce Sewell, Senior VP of Legal and Global Security
Bruce Sewell is Apple’s former General Counsel, former Senior Vice President of Legal and Global Security, and current fourth-largest shareholder with 108,085 shares as of Oct. 3, 2018. At Apple, Sewell was responsible for overseeing global security and privacy, intellectual property, corporate governance, and other legal matters. Sewell joined Apple from Intel Corporation, where he led the company’s legal, corporate affairs, corporate social responsibility programs. Sewell announced his retirement from Apple in October 2017 and joined the non-profit Village Enterprise in April 2018.
Sewell holds a bachelor’s degree from Lancaster University and a Juris Doctor degree from George Washington University.
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