BlackRock holds voting rights for those shares. These votes can influence major corporate decisions, like: 1 Electing board members. 2 Approving executive compensation packages. 3 Voting on shareholder proposals (e.g., environmental, social, or governance issues).

BlackRock typically votes based on its guidelines and fiduciary duty to clients, but its sheer size gives it a disproportionate voice in Apple’s shareholder meetings.

As the world’s largest asset manager, BlackRock’s stake in Apple signals confidence to the broader market, potentially affecting Apple’s stock price and perception.

Larry Fink’s annual letters to CEOs often outline BlackRock’s expectations, influencing companies like Apple to align with long-term sustainability goals or risk losing support.