Accessed December 11, 2022. https://www.statista.com/statistics/742847/apple-services-revenue-by-product-category/, ped30.com. After extensive research and analysis, Zippia's data science team found the following key financial metrics. - Responsible for driving Apple Music revenue growth by identifying new revenue opportunities and initiatives - within existing or new Music products. Note: Apple has not updated figures since 2020. All values afterwards are estimates. Since then, Apple has struggled to entice new customers and iPad owners typically hold onto their device for more than three years. Even if you've already signed in, you'll usually need to re-enter your password to confirm your account. According to Apple 's latest financial reports the company's current revenue (TTM) is $394.32 B . TSMC is the world's largest contract chipmaker- -and the chips it makes for its clients go in everything from fridges to fighter jets to iPhones. Text. No hidden costs or surprises. "This quarter's record results speak to Apple's constant efforts to innovate, to advance new possibilities, and to enrich the lives of our customers," said Tim Cook, Apple's CEO. Apple sales statistics 2019 reveal that international sales made up 59% of the total revenue for the quarter. We are gratified to see the response from customers around the world at a time when staying connected has never been more important. We expect Revenues to come in at . Analysts were expecting. Listen to article. KPI data & segment financials on US stocks. You will be part of a dynamic environment, working with cross-functional teams to plan, build and roll-out ad products that deliver the company's vision and strategy. In 2021 the company made a revenue of $378.32 B an increase over the years 2020 revenue that were of $294.13 B .The revenue is the total amount of income that a company generates by the sale of goods or services. Sources: Company data, Forbes, MiDiA Research. Save Apple Revenue by Product . Total sales of Ipads in the same period was 381.3 million units. Over the years, services. By continuing to use this website you are giving consent to cookies being used. Jobs resigned from Apple in 1985 and the company saw a gradual decline over the 1990s, as it struggled to compete with Microsoft on software and Windows manufacturers on hardware sales. While still behind Google Assistant and Amazon Alexa, Siri is catching up. Even with Apples shift in priorities from PC to mobile, Mac has remained a core part of the companys product portfolio. Apple's product portfolio includes iPhone, Mac, iPad, Apple Watch, Apple TV, Home Pod, iPod, and Air Pod. Apple generated $365 billion revenue in 2021, 52% came from iPhone sales Apple Services was the second largest division, responsible for 18% of revenue 230 million iPhones, 71 million iPads and 20 million Mac and MacBook units were sold in 2020 Apple's home and wearables division grew 25% in 2021 Apple revolutionized personal technology with the introduction of the Macintosh in 1984. You can opt out anytime. I can't believe we're already talking about 2023. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Apple sits far behind Amazon and Google in units sold, although the launch of the HomePod Mini has made some inroads, responsible for most of the 4.6 million units sold in Q4 2020. If it made $5,000 off five products, then its ARP would be 5. You can also get started for free. Her Majesty's Revenue & Customs is now hiring a Product Manager in Newcastle upon Tyne, England. Failure to provide explicit citation may result in being charged with plagiarism. Apple's revenues from services that amounted to less than one percent each of Apple's overall services revenue are not shown in the graph. About Mercer. The success of the iPhone enabled Apple to launch new product categories, such as the iPad. Download to read offline. There was a steady decline in sales between 2015 to 2020, mostly due to increased competition in China. You need a Statista Account for unlimited access. Strategy. While there have been iterations and new models, this core has remained popular across a broad spectrum of professional customers. Apple increased revenue by 8% during the quarter, and Apple CEO Tim Cook told CNBC that it would've grown "double-digits" if not for the strong dollar. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. To use individual functions (e.g., mark statistics as favourites, set Register in seconds and access exclusive features. Even though Apple Pay comes pre-installed on all iPhones, users can still choose to not set up the contactless payment solution. Apple AirTag 4-Pack 19% Off, AirTag Loop 62% Off, More [Black Friday Deal] Apple Scrapped Plans for New Apple Pencil With iPhone Support at the Last Minute [Rumor] New iPad Air 5 On Sale for. This share has fallen in recent years, after peaking at 69.74 percent in the first quarter of 2018. Similar to revenue, iPhone sales saw enormous growth between 2008-2015. The segment comprises the App Store, Apple Pay, Apple. Throughout the decade, Apple has kept a core set of products: MacBook Air, MacBook Pro, Mac Pro and iMac. These forward-looking statements include without limitation those about the Companys plans for return of capital, the payment of its quarterly dividend, and its investment plans and environmental initiatives. Apple's reliance on China to sell and manufacture its products has forced the company to make compromises there, including by storing its users' data on Chinese government servers and censoring. Covering and analyzing recent developments . Please do not hesitate to contact me. This is not the case for Apple, which has improved sales almost every year since 2009. iPhones are Apple's biggest source of revenue by product, and the Americas is its largest. Apple enjoys a 55% share of the smartwatch market. Approximately one fifth of all active iPhone units are from the US, which is unsurprising given it is Apples largest market. Hotly anticipated after the success of the iPhone, the iPad made an immediate mark, adding $19 billion to Apples revenue in the first year. Sources: Apple, Canalys, CNBC, Gartner, Strategy Analytics. All values afterwards are estimatesSources: Apple, Canalys, IDC, Strategy Analytics. Are you interested in testing our corporate solutions? Apple generated revenue of almost $1.9 million per employee as of 2019, making it the most effective tech company worldwide ( Statista) Apple's brand value surpassed both Amazon and Google in 2020 ( Statista) Apple's market cap rose to $2 trillion in 2020. iPhone is Apples most valuable product and has, since 2008, been its main source of revenue. Apple Pay transaction volume more than doubled between 2018 and 2019, as more customers became comfortable using their phone to pay for things. to incorporate the statistic into your presentation at any time. Apple revenue is $274.5B annually. This method looks at how much money the business makes on each product it sells, and then divides that amount by the number of products it has sold to get an overall value for the business. Then you can access your favorite statistics via the star in the header. Enterprisereported third-quarter 2022 adjusted earnings per limited partner unit of 63 cents, beating the Zacks Consensus Estimate of 61 cents. ABC Business News. Mercer is a thoughtful stationery shop, dedicated to providing beautiful and useful everyday essentials that help you stay organized and connected. Itunes Free Codes To Redeem oBo2o Free Itunes Codes Generator [ Updated : December 10, 2022] Users Online: 3786 The US iTunes store has more content than you could go through in ten lifetimes . Analysts on average had expected fourth-quarter revenue of $1.053 billion and first-quarter revenue of $1 . These statements involve risks and uncertainties, and actual results may differ materially from any future results expressed or implied by the forward-looking statements. The company regularly files IPR to protect its innovations. You can access more such key performance indicators on listed companies with Business Quant. Offices reopened, some people are still hybrid, others are working from home full time. Private-label products . More information on these risks and other potential factors that could affect the Companys business and financial results is included in the Companys filings with the SEC, including in the Risk Factors and Managements Discussion and Analysis of Financial Condition and Results of Operations sections of the Companys most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings. You will also drive the growth and daily management requirements of The Globe Alliance, The . Services has seen the highest percentage increase over the past five years. Apple products and services include iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, a portfolio of consumer and professional software applications, iCloud, Apple Music, Apple Pay and a variety of accessory, service and support offerings. Always know what youll pay. An increasingly important part of Apple, as it continues to add more subscriptions and services to its iOS platform. This Web site, including but not limited to text, data, content, photographs, video, audio and graphics, and goods (the Service), is provided for information purposes only and is not intended for trading purposes. Apple invests heavily in research and development as the companys success depends upon the timely manufacture of products, supply of services and technologies to the market. View job listing details and apply now. Amazon reported earnings of US$33.36 billion, with an annual revenue of US$469.82 billion, an increase of 21.7% over the previous fiscal cycle. This is a trailer for the full show.On this show I share about the trade mark protection process which I am undertaking for the SPEAK|pr program of masterminds . Exxon Mobil Corp. has enjoyed historic profits and a surging stock price this year, thanks largely to a rise in energy prices following the pandemic and Russia's invasion of Ukraine. Apples revenue growth for the last three years from before 2021 is 9.6% which overperforms the Industry average by 0.9% while last years revenue growth is almost double compared to the Industry growth. Revenue for iPad has remained in the $20 to $30 billion revenue range since launch, with the launch of the iPad Mini in 2013 still the peak year. Advertisement. 2022 Note: Apple stopped reporting iPad sales in Q4 2018. Apple's Services revenue for the period rose 24%, to $19.5 billion, also a record, the same growth rate as in the year-earlier period. A lobster clasp hangs from the bottom of the design to allow a name badge or other item to be attached. Apple has switched its focus to services and other long-term revenue sources, as customers keep their phones for longer. We use harmless cookies to ensure that we give you the best website experience. iPad and Mac sales generated $6.58 billion and $7.08 billion in revenue, respectively.. While sales dropped in 2021, the launch of higher-end iPads meant more revenue per sale. We estimate AirPods is a $10 billion business on its own, with Apple Watch also potentially contributing between $12 billion to $14 billion a year. Risks and uncertainties include without limitation: the effect of the COVID-19 pandemic on the Companys business, results of operations, financial condition, and stock price; the effect of global and regional economic conditions on the Companys business, including effects on purchasing decisions by consumers and businesses; the ability of the Company to compete in markets that are highly competitive and subject to rapid technological change; the ability of the Company to manage frequent introductions and transitions of products and services, including delivering to the marketplace, and stimulating customer demand for, new products, services, and technological innovations on a timely basis; the effect that shifts in the mix of products and services and in the geographic, currency, or channel mix, component cost increases, increases in the cost of developing, acquiring, and delivering content for the Companys services, price competition, or the introduction of new products or services, including new products or services with higher cost structures, could have on the Companys gross margin; the dependency of the Company on the performance of distributors of the Companys products, including cellular network carriers and other resellers; the risk of write-downs on the value of inventory and other assets and purchase commitment cancellation risk; the continued availability on acceptable terms, or at all, of certain components, services, and new technologies essential to the Companys business, including components and technologies that may only be available from single or limited sources; the dependency of the Company on manufacturing and logistics services provided by third parties, many of which are located outside of the US and which may affect the quality, quantity, or cost of products manufactured or services rendered to the Company; the effect of product and services design and manufacturing defects on the Companys financial performance and reputation; failure to obtain or create digital content that appeals to the Companys customers, or to make such content available on commercially reasonable terms; the dependency of the Company on third-party intellectual property, which may not be available to the Company on commercially reasonable terms or at all; the dependency of the Company on support from third-party software developers to develop and maintain software applications and services for the Companys products; the impact of unfavorable legal proceedings or government investigations; the impact of complex and changing laws and regulations worldwide, which expose the Company to potential liabilities, increased costs, and other adverse effects on the Companys business; the intense media, political, and regulatory scrutiny, which exposes the Company to increasing regulation, government investigations, legal actions, and penalties; the ability of the Company to manage risks associated with the Companys retail stores; the ability of the Company to manage risks associated with the Companys investments in new business strategies and acquisitions; the impact on the Companys business and reputation from information technology system failures, network disruptions, or losses or unauthorized access to, or release of, confidential information; the ability of the Company to comply with laws and regulations regarding data protection; the continued service and availability of highly skilled employees, including key personnel; political events, trade and other international disputes, war, terrorism, natural disasters, public health issues, industrial accidents, and other business interruptions that could disrupt supply or delivery of, or demand for, the Companys products; financial risks, including risks relating to currency fluctuations, credit risks, and fluctuations in the market value of the Companys investment portfolio; and changes in tax rates, the adoption of new US or international tax legislation, and exposure to additional tax liabilities. Dec. 7: Twitter will reportedly increase Blue pricing on Apple devices. Apple has added more active devices every year in the US, but are around 50 million units behind Roku. In the past year alone, it has increased its revenues by 33%. Unposting Date: 21/Dec/2022, 5:59:00 PM. . Apple's services include advertisement, Applecare, Cloud Services, Digital Content, and Payment Services. Apple Annual Revenue For 2021 Was $365.817B, A 33.26% Increase From 2020. Read more for a breakdown of the company's latest . Apple Annual Revenue By Product Category / Product Segment / Product Group 2007 to 2013. In a last ditch effort to save the company, Apple acquired Jobs company NeXT and installed him as advisor and then CEO. By Dean Seal. This stat includes subscriptions to iCloud, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+. Total sales in Apple's fiscal 2022 . The Pricing and Revenue Management department helps us develop a successful business by predicting consumer demand and setting up pricing structures. iPhone is Apple's most important product, contributing to almost half of the company's net sales. All other regions have been steady in terms of sales. Apple has saw the number of subscribers to its services increase dramatically over the past six years. It said revenue in the first quarter would be $1.05 billion, plus or minus 2 percent. AirPods have become a significant business for Apple, with over 100 million sales in 2020. Encrusted with glassy white rhinestones, mismatched silver rings, oval fittings, and an oversized hoop delicately link into a glitzy pendant as the bottom of an extended silver chain. Apple Watch users can also show support with seven Apple . It has also built out its subscription services to include music and video streaming, video games, fitness and cloud storage. Microsoft, Google, Samsung, HP, Dell are some of their competitors. Apple provided revenue guidance for the first three months of 2016 of $50 billion to $53 billion, which at its midpoint will be an 11% drop from that of the year before. Apple revenue for the twelve months ending September 30, 2022 was $394.328B, a 7.79% increase year-over-year. Posting Date: 07/Dec/2022, 2:32:44 AM. Apple saw double-digit year-on-year iPhone growth from 2008 to 2015, but revenue stagnated for five years. Various (PRODUCT) RED accessories and devices are available across iPhone 14, iPhone 14 Plus, iPhone SE, Apple Watch Series 8 and more. ", ped30.com, Apple's services revenue by product category from 2011 to 2020* (in billion U.S. dollars) Statista, https://www.statista.com/statistics/742847/apple-services-revenue-by-product-category/ (last visited December 11, 2022), Apple's services revenue by product category from 2011 to 2020*, Available to download in PNG, PDF, XLS format, Most valuable technology brands worldwide in 2021, Worldwide consumer technology spending 2020-2022, IT devices total spending worldwide 2012-2023, Smartphone market revenue worldwide 2013-2026, Global smartphone shipments by quarter 2009-2022, Global revenue of tablet market 2013-2026, Worldwide tablet shipments 2010-2022, by quarter, Revenue of Apple by fiscal quarter 2005-2022, Apple's revenue broken down by operating segments 2012-2022, by quarter, Global net income of Apple 2005-2022, by quarter, Earnings per common share (diluted) for Apple Inc. 2005-2022, by quarter, iPhone revenue as share of Apple's total revenue 2009-2022, by quarter, Global smartphone unit shipments of Apple 2010-2022, by quarter, Global Apple iPhone shares based on web usage 2019-2020, by model, Leading iPhone apps worldwide 2022, by revenue, Apple's global revenue from iPad sales 2010-2022, iPad revenue as share of Apple's total revenue 2010-2022, by quarter, Apple iPad global unit sales by quarter 2012-2022, Tablet Apple iOS version market share worldwide 2018-2022, Apple's revenue from Mac computers worldwide 2006-2022, Global Apple Mac shipments 2006-2022, by quarter, macOS version market share worldwide 2018-2021, Global Apple watch users/installed base 2015-2020, Carbon footprint distribution of Apple Watches 2022, by series, Carbon emissions of Apple Watches 2022, by series, Revenue of Apple from services segment 2013-2022, Services revenue as share of Apple's total revenue 2015-2022, by quarter, Apple App Store: annual gross app revenue 2017-2021, Number of active apps from the Apple App Store 2008-2022, Most popular Apple App Store categories 2022, Apple, Google, and Microsoft: revenue comparison 2008-2021, Global market share held by tablet vendors 2011-2022, Global PC vendor shipment market share 2014-2022, by quarter, Wearables shipments worldwide market share 2014-2022, by vendor, Smartwatch market share worldwide 2014-2021, by vendor, Market share of mobile operating systems worldwide 2009-2022, U.S. consumer usage of Apple services and products 2017, U.S. consumer usage frequency of Apple services and products 2017, U.S. Apple product and service usage via personal account 2017, U.S. consumer personal data sharing within an Apple user account 2017, Global revenue share of Apple iTunes 2012-2015, by store, Apple's operating income in Japan FY 2013-2021, U.S. consumer spending on Apple apps and in-app purchases in the past 12 months 2017, Share of unit sales-of-apple by product category 2012-2018, by quarter, Digital giants: cultural dimension according to the French people 2015, Global Apple revenue forecast 2017-2019, by segment, PC unit shipments of Apple in the United States 2010-2016, by quarter, Apple's greenhouse gas emissions share 2021, by segment, Apple iPad sales worldwide 2010-2018, by quarter, Apple's services revenue by product category from 2011 to 2020* (in billion U.S. dollars), Find your information in our database containing over 20,000 reports. Apple revenue for the quarter ending September 30, 2022 was $90.146B, a 8.14% increase year-over-year. Sources: Apple, Gartner. A paid subscription is required for full access. About half of all iPhone users actively use Apple Pay, according to Loup Ventures. Apple (NASDAQ:AAPL) is slated to publish its Q1 FY'21 earnings on January 27, reporting on a quarter that saw the launch of its much anticipated 5G iPhone 12. Revenue from services in Q1 2015 was $4.8 Billion while the revenue in Q2 2021 is $16.9 billion which shows an increase of more than 2.5 times from 2015 to 2021. It launched Apple Watch in 2015, as an accessory to the iPhone which tracks various health and fitness metrics. Gross margin: 43.26% vs. 42.61% estimated. In fiscal 2018, Apple posted its highest-ever annual revenue of $265,595 million, globally, with an impressive 16% YoY growth. Below is the data on Apple revenue from the same products during these years. For the quarter, Apple posted revenue of $81.4 billion and net quarterly profit of $21.7 billion, or $1.30 per diluted share, compared to revenue of $59.7 billion and net quarterly profit of. For example, if a business made $1,000 off one product, then its ARP would be 1. Source: Company data. Apple Inc, Nvidia Corp, and Advanced Micro Devices Inc, all major TSMC customers, said they expected their chips to be made in the new Arizona plants. Apple was using Intel chipset in their computers and laptops but recently they manufactured their own chipset which is called as M1 chip. Apples five software platforms iOS, iPadOS, macOS, watchOS, and tvOS provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). The company holds a large part of Intellectual Property Rights (IPR), including its hardware devices, software, services, and other accessories, consisting of patents, copyrights, trademarks, and many other intellectual property rights. Apple does not break out its other categories, making it difficult to determine how much revenue each product is generating. Our comprehensive Apple Report covers all of the companys financials, with in-depth breakdowns of each of its five business segments: iPhone, iPad, Mac, Wearables, and Services. Created by its owner, inspired by her passion for beauty, creativity and meaningful design. Amid a record-breaking fiscal second quarter, Apple also delivered record-breaking services revenue up 17% year over year to reach $19.8 billion. However, we know Watch, AirPods and Beats are the three key products in this segment. Job overview and responsibilities This Digital Products and Analytics department consists of merchandising, digital marketing/personalization, data insights and optimization, visualization, UX . We are doing all we can to help build a better world making progress toward our goal of becoming carbon neutral across our supply chain and products by 2030, and pushing forward with our work in education and racial equity and justice., The very strong customer response to our recent launch of new products and services drove double-digit growth in revenue and earnings, and helped set an all-time high for our installed base of active devices, said Luca Maestri, Apples CFO. Apple develops its own hardware, software, and various application services, making it unique from its peers. It is still behind Flipboard, with 145 million MAUs, but may surpass it by 2022. Originally known for desktop computers, Apple was one of the first companies to switch to the graphical user interface (GUI) and saw success with the first Macintosh. Last year, Apple sold over $200 billion worth of iPhones! Show publisher information Apple has improved the accuracy of its smart assistant year-on-year, according to Loup Ventures, which run yearly tests on all of the major mobile smart assistants. If you are building a brand, and it's not protected, you are leaving your company exposed on 2 fronts; you are ignoring a source of potential revenue but you are also in danger of building the brand for someone else to take it from you. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. dollars)." ped30.com. Christmas is one of the biggest festivals, where people do a lot of shopping, resulting in massive sales contributing a huge amount to its revenue towards the first quarter. If you are an admin, please authenticate by logging in again. The bottom line improved from the year-ago quarter . The Company announced a revenue of $53.8 billion for Q3 2019. The growth was led by nearly all of Apple's products and services, except for the iPad. Apple is also betting on services revenue which has been growing significantly over the past few years. The dividend is payable on February 10, 2022 to shareholders of record as of the close of business on February 7, 2022. It feels like yesterday we were looking at targets for 2022, and here we are. This segment alone generated $53 billion revenue in 2020, making it Apples second largest segment. Apples more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it. Primary Location: Asia-Singapore-Singapore. Apple Corporation's key managerial persons are Arthur D. Levinson (Chairman), Jeff Williams (COO), and Tim Cook (CEO). iPad sales are the only segment slowing down; all the other segments keep growing. Please create an employee account to be able to mark statistics as favorites. subscriptions to iCloud, Apple Music, Apple TV+, Apple Arcade, Apple News+, Apple Fitness+. As Apple made impressive earnings across its Cyber Monday and Black Friday sales, with some products coming along with a lucrative $250 gift card, consumers were actively targeted in a credential phishing attack. Note: 2021 is a projection. Marketplace | News & Insights | Data | Events. How to Increase Website Sales in 2023. by Natalka Antoniuk. $ to get iTunes gift cards: $25 . Apple Revenue vs. Target Price The revenues from itunes was close. Sources: Bloomberg, Statista. Apple envisioned the tablet as a bridge between the smartphone and laptop, with the capabilities to be both. "Apple's services revenue by product category from 2011 to 2020* (in billion U.S. The Covid-19 pandemic did not affect much on Apples revenue as compared to its peers. Steve Jobs, the founder and CEO, was one of technologys first rockstars, able to sell hardware as more than a tool for work. iPhone continues to be the main revenue generator, but its percentage has decreased in the past five years. 70% of Apple Watch buyers are new to the product. In March 2019, Apple announced that it would be entering the original content arena, further extending its reach into the entertainment industry, and posing new potential challenges for incumbent and rising streaming service competitors, like Netflix, Hulu, Amazon, and Disney+. Its our hope you stop by and discover the world of Mercer. Latest Stats Apple-iPhone Revenue (L) 1980-01-01 0.0000 0.0000 Apple-Mac Revenue (L) Of these, their product sales account for the most revenue. Quarterly EPS has been in a tight range between $1.93 to $1.99 in the last three quarters. Apple increased its revenue to $265 billion in 2018 from only $8 billion in 2014. Meanwhile, Apple's Services business continues to grow rapidly, recorded 17% YoY in fiscal Q1 2020, to $12,715 million - the highest till date. Surprisingly, Apple's revenue from its other products (including Wearables, Home and Accessories) recorded the maximum growth, bringing in $10,010 million in fiscal Q1 2020, up by a whopping 37% YoY. AirPods were next, which paved the way for wireless headphones to become mainstream. Apple has been rather inactive in the smart TV market as well, of which Roku and Amazon control the majority of sales in the US and Europe. NurPhoto/Getty Images. An interesting fact about Apples revenue every year from 2015 is that the Q1 revenue every year is very high compared to the revenues from the other 3 quarters. It is rapidly expanding the range of offerings through research and development of existing products, licensing of intellectual property, and third-party businesses and technologies. The category which includes businesses like . Free Itunes Movie Codes Sign in with your Apple ID. "Apple's Services Revenue by Product Category from 2011 to 2020* (in Billion U.S. Sales have steadily fallen in China since 2015, although it received a slight bump in 2021. Apple revenue by segment, product units Revenue by segment Revenue in millions (2018 figures as of the end of third quarter) iPhone Services Other Products Mac iPad 0 50,000 100,000 150,000 200,000 $250,000 2015 2016 2017 2018* Number of units sold Units in thousands (2018 figures as of the end of third quarter) iPhone iPad Mac Learn more about how Statista can support your business. In comparison to AirPods, HomePod has seen limited success. (March 6, 2017). Management reaffirmed full year 2022 revenue guidance in the release. Understanding this data enables better supplier & customer negotiations and helps identify potential opportunities or market risks for your firm. While revenues have increased in all regions, Americas is responsible for 45% of all revenue generation and approximately 40% of that is from the United States alone. The iPhone saw Apple ascend to one of the most valuable companies in the world, with revenue increasing from $37.4 billion in 2008 to $65 billion in 2010. In comparison to iPhone, iPad and Mac, Apples services revenue has increased year-on-year. In 2022 (15 years from its launch), the iPhone represents over 52% of Apple's total revenues. Apple's revenue growth from 2016 to 2020 is 27.3%. Sources: Counterpoint Research, TF International Securities, Strategy Analytics. * Forecast figures for 2017 to 2020. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. Some analysts see it as the most important segment of the company, potentially reaching $50 billion in profit by 2025. With iPhone and iPad sales not likely to see much significant movement, Apple sees services as a way to continue growing. All eyes are on Apples next products, which may include a virtual reality headset and self-driving car. Additionally, The Most Apple Stores Are Located In The United States. PC sales have been flat or in decline for the past decade, but Apple has added more revenue and sales almost every year since 2009. "When completed with both fabs, we will manufacture over 600,000 wafers a year, representing $10 billion in yearly revenue and with our customers product sales over $40 billion a year," said . Apple revenue increased dramatically between in the past decade, from $108 billion to $365 billion. Apple says it not only increases the performance of the product but also decreases the cost. Lincoln Electric (NASDAQ:LECO - Get Rating) last issued its quarterly earnings data on Thursday, October 27th. March 6, 2017. Features an adjustable clasp clo These record operating results allowed us to return nearly $27 billion to our shareholders during the quarter, as we maintain our target of reaching a net cash neutral position over time.. Apple's service revenue includes subscription, video and music streaming, Apple Pay, and digital ads. Apple Inc. All rights reserved. While Apple has not revealed transaction volume for 2020, we suspect it will be lower than 2019 due to COVID-19. Apples news aggregation service may not responsible for much revenue generation for Apple or news providers but it has added more readers every year since launch. Apple Music is the second largest music streaming service in the West, far behind Spotifys 150 million users and not far behind Amazon Musics 55 million. Currently, you are using a shared account. Valued at over $2 trillion in 2021, it is also the most valuable technology company in the world. This statistic shows Apple's revenue from its services segment by product category from 2011 to 2020. Did you like Apples Revenue Breakdown by Segment statistic? Apples Siri has been the unfortunate brunt of many jokes about artificial intelligence and smart assistants, however hundreds of millions of iPhone users actively use the application. This statistic highlights Apples Revenue Breakdown by Segment, split between Mac, Services, iPad, and iPhone, and other products, reported on a quarterly basis from Q1 2015 onwards. It accounts for 16% of Apple's revenue. A rise of fake accounts on the platform had coincided with the . In fiscal year 2016, Apple's revenue from its App Store amounted to 7 billion U.S.. Apple iPhone unit sales worldwide 2007-2018, by quarter, Global market share held by smartphone operating systems 2009-2018, by quarter, Virtual reality (VR) - statistics & facts, Profit from additional features with an Employee Account. The App Store is an app store platform, developed and maintained by Apple Inc., for mobile apps on its iOS and iPadOS operating systems. Apple did not provide formal guidance for the quarter. Apple revenue was up 54 percent in the first three months of 2021 compared to the same time period last year, according to the earnings report the Silicon Valley giant released Wednesday.. Sources: Apple, Canalys, CNBC, Gartner, Strategy Analytics. Apple's products were the tech stars of the last week - while their buyers enjoyed popularity . Apple's hardware, iPhone in particular, has a high market share thanks to the Apple ecosystem that integrated its hardware and software. As a Premium user you get access to the detailed source references and background information about this statistic. Dec. 5, 2022 12:52 pm ET. Revenue up 11 percent to new all-time record, This quarters record results were made possible by our most innovative lineup of products and services ever, said Tim Cook, Apples CEO. It saw a massive increase in sales in 2021, increasing revenues by 39%. General Motors Org Charts & Contact Info Published in Q4 2022 The GM Org Charts and contact info report was researched and developed with the IT sales executive and the IT marketer in mind. What were panned by many as pricey accessories have become mainstream, with almost every phone manufacturer offering their own hearable to compete with Apple. The latest news and updates, direct from Apple. The growth was led by the first quarter when Apple's quarterly revenue clocked about $88,293 million. Apple Inc. incorporated in California was established in 1977 by Steve Jobs. This press release contains forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. Apple, founded by Steve Jobs is the leading producer of smartphones and laptops around the globe. The company had 511 retail stores spread across 25 countries, as of March 2021. Even though the PC market saw higher sales in 2020, for the past decade it has been in gradual decline. Company chairman Mark Liu estimates an annual. Since it launched in 2015, Apple Watch has led the smartwatch market with over 50% market share in 2021. Quarterly smartphone market share worldwide by vendor 2009-2022, Apple's revenue broken down by geographical region 2012-2022, by quarter. Statista. The past few product launches have been smaller in scope, like the HomePod and AirPod, and Apple fans are clamouring for the next iPhone. Analysts are expecting 7% annual . The Revenue Engine on Apple Podcasts 70 episodes Each week, Revenue Operations expert Rosalyn Santa Elena shines the spotlight on founders, CEO's and Revenue Leaders from hyper-growth companies and dives deep into the strategies they implement to drive growth and share their learnings through the process. However, Apple's global revenue in fiscal 2019 declined nearly 2% YoY, to $260,174 million. statistic alerts) please log in with your personal account. As a Premium user you get access to background information and details about the release of this statistic. The company announced its first quarter earnings for the 2022 fiscal year, with $123.9 billion in revenue (analysts expected $118.66 billion) and an earnings per share of $2.10 (it was estimated to be $1.89). Apple wrapped up its 2013 fiscal year Monday with a $7.5 billion profit on $37.5 billion in revenue, reporting accelerating growth buttressed by strong iPhone sales and growth in the Chinese. He turned the companys fortunes around, launching iTunes and iPod in 2001. Dollars). In, ped30.com. The Company posted an all-time revenue record of $123.9 billion, up 11 percent year over year, and quarterly earnings per diluted share of $2.10. However, at 211 million units, Apple will have to find new markets to add more active units. The Company posted a June quarter revenue record of $83.0 billion, up 2 percent year over year, and quarterly earnings per diluted share of $1.20. It's been a funny old year. As a result of this partnership, only Apple Authorized Resellers may sell Apple products on Amazon effective January 4, 2019. Since 2007 sales increased from 14.835 billion to . Between 2010 and 2017 Apple achieved a total sales of more than 1.2 billion Iphones. The firm had revenue of $935.24 million for the quarter, compared to analysts' expectations of $919.13 million. All values afterwards are estimates. Want to learn more about Apple? Apple invested $6 billion into TV+ in 2019, a huge gamble in a market with Netflix, Amazon and Disney all competing for eyeballs. Technology. Apple is one of the most influential and recognisable brands in the world, responsible for the rise of the smartphone with the iPhone. Apple's services revenue by product category from 2011 to 2020* (in billion U.S. dollars) [Graph]. The industrial products company reported $2.04 EPS for the quarter, beating analysts' consensus estimates of $1.96 by $0.08. The majority of subscribers are from the US, which is one of the few countries Apple is ahead of Spotify. Get full access to all features within our Corporate Solutions. Apples board of directors has declared a cash dividend of $0.22 per share of the Companys common stock. You need at least a Starter Account to use this feature. Even though Apple has diversified its product line with Watch, AirPods and services, iPhone is still responsible for 50% of its revenue. Sources: Above Avalon, Apple, BMO Capital Markets. Even though Apple device sales have stagnated in the past few years, it has added more active iPhone users every year. As soon as this statistic is updated, you will immediately be notified via e-mail. Tim Cook (CEO), Eddy Cue (SVP Services), Craig Federighi (SVP Software Engineering), Jeff Williams (COO), Apple generated $365 billion revenue in 2021, 52% came from iPhone sales, Apple Services was the second largest division, responsible for 18% of revenue, 230 million iPhones, 71 million iPads and 20 million Mac and MacBook units were sold in 2020, Apples home and wearables division grew 25% in 2021, It sold 110 million AirPods and 43 million Apple Watches in 2020, Apple Music has 72 million subscribers, Apple TV+ has over 40 million. Apple has 154,000 employees, and the revenue per employee ratio is $1,782,564. It is also used in iPads now. !function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement("script");o.async=1,o.id=n,o.src="https://e.infogram.com/js/dist/embed-loader-min.js",d.parentNode.insertBefore(o,d)}}(document,0,"infogram-async"); Apple has always been most successful in the US, its home country. Apple generated over $394 billion in revenues in 2022, of which $205.5 came from iPhone sales, $40 billion came from Mac sales, over $41 billion came from accessories and wearables (AirPods, Apple TV, Apple Watch, Beats products, HomePod, iPod touch, and accessories), $29.3 billion came from iPad sales, and $78.13 billion came from services. Apple's peak quarterly revenue was $111.4B in 2021 (q1). You will act as the Globe and Mail digital product expert for the Revenue department. The Role Responsibilities. iPad revenue: $7.22 billion vs. $6.94 billion estimated, down 2% year-over-year. By signing up you agree to our privacy policy. Apple's iPhone sales accounted for 47.3 percent of the company's overall revenue in the fourth quarter of fiscal year 2022, the largest share of all Apple products. Apple periodically provides information for investors on its corporate website, apple.com, and its investor relations website, investor.apple.com. Apple sells smartphones, personal computers, tablets, wearables and accessories, and services. Image by photo952 / Shutterstock. Analysts expected . The store allows users to browse and download approved apps developed within Apple's iOS Software Development Kit.Apps can be downloaded on the iPhone, iPod Touch, or the iPad, and some can be transferred to the Apple Watch smartwatch or 4th-generation or . The individual is expected to manage at a group wide level: Development and end to end execution of Cash Pricing and Billing initiatives . Apple has seen 243% growth in this segment since it bundled together all of its other hardware segments. Note: Apple stopped reporting iPhone sales in Q4 2018. The content available through each Service is the property of MacroMicro and is protected by copyright and other intellectual property laws. 2. Apple's Services segment posted revenue of $68.4 billion during the 2021 fiscal year and $18.3 billion for the fourth quarter. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Here are the details about Apples revenue in Q1 and Q2 of FY 2021. The Company assumes no obligation to update any forward-looking statements or information, which speak as of their respective dates. In 2022, Apple generated $394 billion in revenues with a net income of almost hundred billion dollars! The Keyword Optimization Cycle simplifies finding the best keywords by providing a template to effectively structure your research process. Chart. This is compared to $53.8 billion for the previous year. Apple Inc fundamental comparison: Revenue vs Target Price. This includes press releases and other information about financial performance, reports filed or furnished with the SEC, information on corporate governance, and details related to its annual meeting of shareholders. Profit from the additional features of your individual account. The sales of Mac in the same period totalled 142.1 million units. This made Apple the U.S. tech company with the highest market cap ( CNBC) Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. MacroMicro cannot and do not warrant the accuracy, completeness or timeliness of the content, documents, data, materials, web site pages available through any service, neither MacroMicro nor any of its affiliates agent shall be liable to you or anyone else for any loss or injury caused in whole. - Track how the revenue KPIs are performing . Apples revenue crossed the benchmark of $100 billion in Q1 2021. You can only download this statistic as a Premium user. Access to this and all other statistics on 80,000 topics from, Show sources information Digital Quarterly is series of highly profiled research analyses covering the leaders in the digital economy like Google, Facebook, Apple, LinkedIn, Amazon, eBay and others. Min. Our goal is simple; eliminate the costly research time and help you identify new sales revenue opportunities. Subscribe to Pro or Enterprise plans to unlock this feature. Apple saw an impressive 57% increase in iPad sales in 2020, due to the coronavirus pandemic. Operating cash flow reached $11.6 billion during Q3 2019. It also offers a year of TV+ to iPhone and iPad buyers for free, which means most subscribers are still on free trial. Apple Revenue by Product Apple's hardware, iPhone in particular, has a high market share thanks to the Apple ecosystem that integrated its hardware and software. Copyright Note: Apple stopped reporting Mac sales in Q4 2018. For the quarter, Apple posted revenue of $83 billion and net quarterly profit of $19.4 billion, or $1.20 per diluted share, compared to revenue of $81.4 billion and net quarterly profit of. Earnings Transcripts: Spotting potential disruption before it happens. As iPhone revenues have stagnated, Apple has looked for new ways to generate revenue from the iPhone. Employee Status: Permanent. Use Ask Statista Research Service. With an expected $15 billion in revenue for 2020, AirPods are projected to become Apple's third-largest product by 2021. Twitter told employees that it intends to charge $7 a month for its Twitter Blue premium service if subscribers pay for it . Apple will provide live streaming of its Q1 2022 financial results conference call beginning at 2:00 p.m. PT on January 27, 2022 at. Apple's service revenue includes subscription, video and music streaming, Apple Pay, and digital ads. "This quarter's record results were made possible by our most innovative lineup of products and services ever," said Tim Cook, Apple's CEO. We've had a huge economic downturn . It designs, manufactures, and sells a different variety of smartphones, personalized computers, and various other services. In fact, Apple's new ecosystem is as much about services as it is about products,. Apple sold 7.6 million units of the Apple Watch in the first quarter of 2020, seeing year-on-year growth of 22.6%. This is compared to $53.8 billion for the previous year and $14.5. The main reason behind it is the festival season. There was double digit growth from 2017 to 2020, but that slowed in 2021. Schedule: Full-time. (NEW YORK) Twitter Blue, the newly revamped subscription service that allows users to access verification if they pay a monthly fee of $8, appeared to be unavailable on the company's Apple iOS app for at least some users on Friday. (All figures in billions, except percentages). (1 minute) Shares of Veru Inc. gained 15% to $6.36 in early trading after the company reported a wider loss and lower revenue in . To that end, Apple generated $26.42 billion in revenue from the iPhone during the June quarter. iPad sales peaked in 2013, with the launch of the iPad Mini enticing 97 million customers. The total revenue for Apple is $394.328 billion in 2022 Apple sold and shipped 240 million smartphone devices in 2021 There are currently a total of 900 million paid subscribers to Apple's services iPhone sales have accounted for 49% of Apple's revenue in 2022 Since 2000, Apple's stock price has grown by over 1,000%