Who did Apple invest $400 million in?
Shazam. Founded as Shazam Entertainment Limited in 1999, Shazam is the company behind the namesake music identifier app. 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.
In 2022 Apple only acquired two companies: Credit Kudos Inc. and AI Music.
“Apple recently invested over $400 million from its advanced manufacturing fund in this company — because they make critical components for Virtual and Augmented reality.”
Apple (AAPL): Apple invested in AR with the Vision Pro headset, potentially a major player in the future. Qualcomm (QCOM): QCOM supplies key components for VR/AR devices and helps set industry standards. Roblox (RBLX): A gaming platform with strong AR/VR ambitions and a large user base.
II-VI, Inc., a global technology company with a manufacturing facility in Palmer Township, has been awarded $410 million in funds from Apple. This will allow the company to expand manufacturing capacity, and is expected to create and retain jobs in the Lehigh Valley.
Apple Inc. is the world's second-largest company by market value. The company's market cap was about $2.64 trillion as of March 2024. 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.
Apple's acquired DarwinAI, a Canadian-based startup focusing on making AI systems and processes faster and smaller in size, according to a new report from Bloomberg's Mark Gurman. With the acquisition, Apple likely acquired IP and technologies, as well as dozens of employees.
Cupertino, California Apple today announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a leading manufacturer of optical technology.
Namita Thapar, executive director of Emcure Pharmaceuticals, honoured the highest number of deals as an investor, also called "shark", during the first season of Shark Tank, according to data released by intelligence platform PrivateCircle.
VR and AR investment volumes, in 2022, totalled $5.8bn, made up of 283 deals. This is less than half the total invested the year prior, which totalled $18.9bn over 311 deals.
Is Apple invested in AI?
Apple quietly purchased an AI startup this year—and we might see the first fruits of that purchase in this year's big iPhone software release. Apple CEO Tim Cook arriving on the red carpet at the 96th Annual Academy Awards in Dolby Theatre at Hollywood's Highland Center in Hollywood, CA, Sunday, March 10, 2024.
Apple has cofounded two half-equity partnerships and purchased equity stakes in three preexisting companies, and has made three divestments. Apple has not released the financial details for the majority of its mergers and acquisitions.
Apple's key acquisitions
In March 2023, the tech giant acquired WaveOne for its video compression technology, along with other startups like Emotient, Laserlike, Drive.AI, and AI. Music, with some technologies integrated into Apple devices.
That change has also opened Apple up to a new set of risks. Its most advanced silicon is primarily manufactured by one vendor, Taiwan Semiconductor Manufacturing Company.
- Beats Electronics. 2014. Consumer Electronics, Hardware, Manufacturing, Media and Entertainment, Music and Software. ...
- Intel Smartphone Modem Business. 2019. Hardware. ...
- Dialog Semiconductor. 2018. Semiconductor. ...
- Anobit Technologies. 2011. ...
- Texture. 2018. ...
- Shazam. 2017. ...
- NeXT. 1996. ...
- PrimeSense. 2013.
| Logo since 1998 | |
|---|---|
| Apple Park is the company's headquarters in Cupertino, California, in Silicon Valley. | |
| Founded | April 1, 1976 in Los Altos, California, U.S. |
| Founders | Steve Jobs Steve Wozniak Ronald Wayne |
| Headquarters | 1 Apple Park Way, Cupertino, California , U.S. |
Largest shareholders include Vanguard Group Inc, BlackRock Inc., Berkshire Hathaway Inc, State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, VFINX - Vanguard 500 Index Fund Investor Shares, Geode Capital Management, Llc, Fmr Llc, Morgan Stanley, and Price T Rowe Associates Inc /md/ .
What percentage of Amazon (AMZN) stock is held by retail investors? According to the latest TipRanks data, approximately 56.07% of Amazon (AMZN) stock is held by retail investors. Jeffrey Bezos owns the most shares of Amazon (AMZN).
Apple is a US based company that was started and incorporated in the United States. It is owned by its shareholders as it is a public company traded on the stock exchange.
Apple and Amazon are entirely unrelated.
Is Intel owned by Apple?
In 2019, Apple announced its decision to invest $1 billion to purchase most of Intel's modem development unit. The truth, however, is that this merger was years in the making, and will have implications on the connectivity, smartphone, and overall 5G landscape for years to come.
iPhone Statistics
As Apple's most popular and valuable product, the iPhone has been the company's main source of revenue since 2008, a year after its launch.
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.
In other words, that $1,000 investment in 1980 would be worth more than $1.26 million today! But that's not all, because Apple has paid a dividend in several years since 1987. Assuming you never sold a single share along the way, you would've collected an additional $155,131 in dividend payments!
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.
