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Is Apple the owner of iPhone?

Published in Corporate Ownership 2 mins read

No, Apple is not the owner of iPhone in the sense of a singular owner.

While Apple Inc. is the company behind the iPhone, they are not the sole owner. Apple is a publicly traded company, meaning its ownership is distributed among its shareholders.

Ownership Structure of Apple

Here’s a breakdown of how ownership works for Apple:

  • Apple Inc.: The company responsible for the iPhone's design, development, and marketing. Founded in 1976 by Steve Jobs, Steve Wozniak, and Ronald Wayne and headquartered in Cupertino, California. (Reference 1)
  • Shareholders: Apple is publicly traded; its ownership is dispersed among its shareholders. (Reference 1) These shareholders own a portion of the company based on their investment.

Therefore, while Apple Inc. creates, manages, and controls the iPhone, ownership lies with all the investors who have purchased shares in the company.

Key Takeaway

It's important to distinguish between managing and owning. Apple manages the iPhone and all its associated technology, but the company is not owned by a single entity. Rather, it is collectively owned by its shareholders.

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