Will Apple’s Blame Game Upset These Top Institutional Shareholders?

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Apple (NASDAQ:AAPL) named “old-fashioned” record companies, film studios, and TV networks as the reason for the inflated prices Australians pay versus U.S. consumers for digital downloads, in its defense of its pricing strategy on Friday, Reuters reports. Executives from Apple, Adobe Systems (NASDAQ:ADBE), and Microsoft (NASDAQ:MSFT) were grilled by a special Australian parliamentary committee that was given the responsibility of investigating allegations of price gouging raised by consumer watchdogs. Software and hardware products in Australia sell for about 50 percent more on average than their U.S. equivalents, indicates a 2012 survey of 186 songs, games, programs, and computers by Choice, a not-for-profit consumer advocacy group.

These institutional firms indicated owning shares of Apple in Q4 2012. They reported owning a total of 733.825 million shares on 12/31/2012. The shares closed at $529.09 on 12/31/2012.

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Here are the ten largest positions in Apple at the end of December 31, 2012.

Vanguard Group Inc held 42,083,340 shares on 12/31/2012 worth $22,395,490,329. This brought the portfolio total to 2.8 percent.

FMR LLC held 41,157,281 shares on 12/31/2012 worth $21,902,669,526. This brought the portfolio total to 3.95 percent.

State Street Corp held 36,838,788 shares on 12/31/2012 worth $19,604,497,180. This brought the portfolio total to 2.84 percent.

Susquehanna International Group LLP held 26,597,500 shares on 12/31/2012 worth $14,177,265,000. This brought the portfolio total to 3.16 percent.

Blackrock Institutional Trust Company N.A. held 25,239,746 shares on 12/31/2012 worth $13,431,835,197. This brought the portfolio total to 3.13 percent.

Price T Rowe Associates Inc /MD/ held 23,598,905 shares on 12/31/2012 worth $12,558,628,871. This brought the portfolio total to 3.69 percent.

Susquehanna International Group LLP held 18,832,100 shares on 12/31/2012 worth $10,038,074,000. This brought the portfolio total to 2.23 percent.

Susquehanna International Group LLP held 16,882,717 shares on 12/31/2012 worth $8,984,475,217. This brought the portfolio total to 2.0%.

JOMorgan Chase & Co held 15,353,475 shares on 12/31/2012 worth $8,170,658,528. This brought the portfolio total to 2.84 percent.

Northern Trust Corp held 13,550,305 shares on 12/31/2012 worth $7,211,065,580. This brought the portfolio total to 2.97 percent.

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