What did Apple invest $400 million in? (2024)

What did Apple invest $400 million in?

Apple completed its purchase of Shazam in 2018 for an estimated $400 million, with the goal of integrating the technology into iPhones and other smart devices.

What did Apple invest in recently?

Apple has unveiled a multibillion-dollar deal with Broadcom to produce new 5G radio frequency components in the US. The May 23 announcement comes as Apple—the world's largest consumer electronics company—looks to spend more than $400 billion on domestic manufacturing.

What does Apple invest its cash in?

The largest part of Apple's investment in recent years was attributed for purchases of marketable securities. In the company's 2023 financial year these investments amounted 29.5 billion U.S. dollars. Marketable securities are debts that are to be sold or redeemed within a year.

What augmented reality company did Apple invest in?

As the AR industry continues to gain momentum, Apple's acquisition of Mira sends a clear message to competitors and stakeholders: the tech giant is serious about AR and intends to play a significant role in shaping its future.

How much does Apple contribute to the US economy?

Apple's $430 billion in contributions to the US economy include direct spend with American suppliers, data center investments, capital expenditures in the US, and other domestic spend — including dozens of Apple TV+ productions across 20 states, creating thousands of jobs and supporting the creative industry.

Who invested the most in Apple?

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. Arthur Levinson was Apple's top individual insider shareholder as of January 2024 with more than 4.5 million shares.

How much was Apple stock at its highest?

What if I invested $1,000 in Apple in 1984?

If you had invested $1,000 in Apple stock on Jan. 24, 1984, today, you would have $1,593,809. Likewise, if you had invested $1,000 in an index fund replicating Nasdaq, you would have $55,090.

How much is Apple in debt?

Total debt on the balance sheet as of December 2023 : $108.04 B. According to Apple's latest financial reports the company's total debt is $108.04 B. A company's total debt is the sum of all current and non-current debts.

Why is Apple keeping so much cash?

Some claim that the money is stockpiling because Apple is not able to bring it back to the United States for fear of being subjected to corporate taxes. There are, however, other more fundamental reasons, why a company basing itself on innovation chooses to save as much money as possible. Not all assets are cash.

Who did Apple invest 410 million in?

Cupertino, California Apple today announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a leading manufacturer of optical technology.

Is Apple invested in AI?

Tim Cook highlights Apple's substantial investment in AI during shareholder meetings, emphasizing breakthrough potential.

What did Warren Buffett buy Apple for?

Warren Buffett acquired 906 Million Apple shares worth $157 Billion. It makes up 45.15% of their stock portfolio and is their biggest holding. The investor owns 5.93% of the outstanding Apple stock. The first Apple trade was made in Q1 2016.

Is Apple richer than US government?

Apple now has more cash to spend than the United States government. Latest figures from the US Treasury Department show that the country has an operating cash balance of $73.7bn (£45.3bn). Apple's most recent financial results put its reserves at $76.4bn.

Which country is richer than Apple?

According to 2022 GDP data from the World Bank, the economies that are bigger than the iPhone maker's market cap include the US at the top ($25.5 trillion), followed by China ($18 trillion), Japan ($4.2 trillion), Germany ($4.07 trillion), India ($3.4 trillion), and the United Kingdom ($3.07 trillion).

Is Disney worth more than Apple?

Apple, Inc's total assets were valued at $338.516 billion in 2019, whereas the Walt Disney Company's assets were only valued at $193.984 billion.

What single person owns the most Apple stock?

Arthur D.

Arthur Levinson is Apple's largest individual shareholder, owning 4.53 million shares worth around $882 million as of the closing share price on December 12.

Does Warren Buffett own Apple?

Warren Buffett's holding company, Berkshire, has been one of Apple's biggest backers. It owns a 5.9% stake, ranking behind only Vanguard Group, which holds 8.1% through its many mutual funds and exchange-traded funds, according to FactSet.

How many millionaires are at Apple?

Apple created 300 millionaires through its IPO.

How much is $10,000 invested in Apple 20 years ago?

Those gains translate to a 36.6% compound annual growth rate for Apple compared to a 7.4% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth about $5.08 million today, assuming reinvested dividends.

How much would $1000 of Apple stock in 1980 be worth today?

Apple debuted on the public markets in 1980. If you invested $1,000 in the company, then your investment would now be worth nearly $1.5 million. But how many people buy a stock on its IPO? Very few, especially in the 1980s when stocks weren't as accessible as they are now.

What is the most profitable stock in history?

1. Berkshire Hathaway ($628,390) Berkshire Hathaway is the holding company of billionaire investor Warren Buffett. Berkshire Hathaway A shares (BRK.A) reached a high of $628,390 on March 20, 2024.1 The stock traded at $623,300 per share as of the intraday trading session on March 26, 2024.

What if I invested $1,000 in Apple in 2000?

But if you were smart enough to invest $1,000 in Apple stock at the start of the year 2000, you'd be sitting on a monster gain of 21,230%. This means that modest investment would be worth a whopping $213,000 today (as of July 27).

What if I invested in Tesla 10 years ago?

Ten years ago, at market close on March 28, 2014, Tesla's stock was trading at $14.16 per share. This means that $10,000 invested in Tesla in March 2014 would be worth about $124,145 today. This means that if you had invested $120,954.87 in Tesla stock in 2014, you may have been able to sell it today and retire.

How much would you have if you invested $1000 in Apple 20 years ago?

What does that look like on a brokerage statement? Check out the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would today be worth almost $530,000. The same $1,000 invested in the S&P 500 would have theoretically turned into $6,186 over the same period.