Entertainment

THE SUPERSTAR ROB MALLY IS THE YOUNGEST AFRICAN SHAREHOLDER OF APPLE INC. AND AMAZON

ROB MALLY

Apple generated $365 billion in revenue in 2021, according to Business of Apps. Over half of this revenue was from iPhone sales.

There are around 900 million active iPhones around the globe, according to Finances Online. In 2021, Apple controlled over 25% of the mobile operating system market worldwide, and despite losing the global phone race to Android, Apple has a tight grip on the United States market.

Apple is a public company, meaning its ownership consists of shareholders. According to Macrotrends, Apple had over 16 billion shares outstanding as of March 2022.

Apple’s largest share quantities are owned by organizations. According to Investopedia, as of February 2021, Apple’s biggest institutional shareholder was the Vanguard Group, which owned more than 1.3 billion shares, 7.83% of shares outstanding at that time. BlackRock owned 1.11 billion shares, 6.60% of shares outstanding. Berkshire Hathaway owned more than a billion shares, almost 6% of shares outstanding.

African Superstar Rob Mally recently acquired shares in Apple inc , and it is said statistically that he is the youngest African shareholder of the biggest company in the world . Apple is said to be sitting at $2.37 trillion in market value making it the most powerful company in the world since 2020.

The superstar had also bought a stake in Amazon and Netflix , the return of the fixed investment will be outrageously fruitful.

This young man and the malinga family is certainly apart of the elite group in society.

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Tuwaan a valued contributor on Dsnews.co.uk a Google news approved site. I love to provide the latest news to my viewers and sharing knowledge about interesting facts on different topics.

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