[Online]. Apple revolutionized personal technology with the introduction of the Macintosh in 1984. The Americas segment includes North and South America. Apple encrypts customers private data in its iCloud service. All values as of most recently reported quarter unless otherwise noted. Use Ask Statista Research Service. Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period. "Apple becomes first U.S. company to reach a $2 trillion market cap. Statista offers daily infographics about trending topics, covering:Economy & Finance, Politics & Society, Tech & Media, Health & Environment, Consumer, Sports and many more. The Chinese government must approve any encryption technology that Apple uses in China, according to two current Apple employees. please include a backlink to the respective infographic URL. But then youre married to China.. All eyes are on Apples next products, which may include a virtual reality headset and self-driving car. Apple's net worth at the end of the fiscal year 2020 was $65.34 billion. Its market capitalization, however, is $2.08 trillion as of March 15, 2021. The country upon which Apple relies for its major hardware production is in a trade conflict with its home country. Indias community is also known for its software aptitude. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. Mr. Cook declined an interview for this article. Those exchanges immediately behind Apple are theFrankfurt Stock Exchange, South Korea Stock Exchange, Stockholm Stock Exchange, and Swiss Stock Exchange., The U.S. governments expenses far exceed its revenue generation, leading to a burgeoning budget deficit which has been a subject of hot political debates. Mr. Guthrie delivered his warning to Mr. Cooks top deputies, including Phil Schiller, a longtime marketing chief; Eddy Cue, head of internet software and services; Lisa Jackson, the companys government affairs chief; and Jeff Williams, its operations chief, who is widely viewed as Mr. Cooks right-hand man. Yet a Times analysis of Chinese app data suggests those disclosures represent a fraction of the apps that Apple has blocked in China. Apple, he realized, had no Plan B. Apple (AAPL) has officially reported its earnings for fiscal Q3 2021, covering the months of April, May, and June. Download the report to improve your performance. Apples $430 billion in contributions to the US economy include direct spend with American suppliers, data center investments, capital expenditures in the US, and other domestic spend including dozens of Apple TV+ productions across 20 states, creating thousands of jobs and supporting the creative industry. Apple is one of the biggest job creators in the US. This is approximately 13 times greater than Apple's market cap. Apple has utilized different regions universal selling points in its favor, creating a win-win situation for itself and each region. In a presentation to some engineers last year, according to slides viewed by The Times, managers made clear that the stakes were high. "How Much is Tim Cook Worth?". 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. Which Company Is Richer, Microsoft or Apple? Apple's market value exceeds the combined net worth of most of the world's billionaires, entire nations' economies, and the market value of most exchanges. Apple revenue increased dramatically in the 2020s, from $65 billion at the start of the decade to $274.5 billion by the end. Apple Music is the second largest music streaming service in the West, far behind Spotifys 150 million users. However, it will take a long time until they come remotely close to matching the Apple Store empire. This website is using a security service to protect itself from online attacks. As Apple grows its teams and operations in the US, the company is committed to doing so in an environmentally responsible manner with a focus on renewable energy and green innovation. Overview Apple is a company that designs, manufactures, and markets mobile communication and media devices. With nearly 110,000 tech workers downsized in 2023, Apple employees have been spared the ax. Wow - Apple's $246B cash hoard is more than the GDP of Finland ($239B), Chile ($234B), Bangladesh ($226B) and 145 other countries. 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. sports and entertainment. Tim Cook, Apples chief executive, has said the data is safe. Compared to the U.S., the world's largest economy with a GDP of $21.43 trillion in 2019, Apple's market cap represents 9.7%., Only 7 countries have annual GDP figures greater than Apple's market cap. Apples new data center in the Inner Mongolia region of China. As part of its investments and expansion, Apple plans to invest over $1 billion in North Carolina and will begin construction on a new campus and engineering hub in the Research Triangle area. We agreed to this timeline three years ago, said one slide. Apple is back on the iPhone SE train and is preparing the next-generation of the budget iOS smartphone for 2024, but it will not be a perfect iPhone. Which topics are covered by the "Chart of the Day"? We also reference original research from other reputable publishers where appropriate. As it stands, however, those companies will have a lot of work to do in order to match the global Apple Store empire. Use is, however, only permitted with Apple has tried to expand its chain of contracted manufacturers to other Asian countries such as . From the region, it generated around 23% of its revenue in fiscal 2019. The rethink resulted in Apple launching its online store in 1997 while the first two physical retail stores opened in Tysons, Virginia and Glendale, California on May 19, 2001. The per person consumption of apple juice and cider decreased to 12.6 pounds. The discrepancy between Apples disclosures and the Times analysis is in part because Apple is removing apps before Chinas internet censors even complain. According to the companys 2019 SEC filing, the country alone accounts for 45% of Apples revenue. Apple sits far behind Amazon and Google in units sold, although the launch of the HomePod Mini has made some inroads. The Chinese are serial iPhone breakers, said Ross J. Anderson, a University of Cambridge cybersecurity researcher who reviewed the documents. [n 1] People may receive compensation for some links to products and services on this website. Available: https://www.statista.com/statistics/382175/quarterly-revenue-of-apple-by-geograhical-region/, Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022, 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 geographical region 2012-2022, by quarter, Apple's revenue broken down by operating segments 2012-2023, 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 2009-2023, 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 2010-2023, by quarter, Apple iPad global unit sales by quarter 2012-2022, Tablet Apple iOS version market share worldwide 2018-2023, Apple's revenue from Mac computers worldwide 2006-2022, Global Apple Mac shipments 2006-2022, by quarter, macOS version market share worldwide 2018-2023, 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 2008-2022, 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, Share of unit sales-of-apple by product category 2012-2018, by quarter, Apple's product unit sales by segment 2012-2018, by quarter, Revenue of Apple's services segment 2011-2020, by product category, Apple product unit shipments worldwide 2015-2016, Apple product sales comparison 2009-2018, by quarter, U.S. consumers' usage frequency of Apple devices 2017, U.S. consumer spending on Apple end devices in the past 12 months 2017, Apple product unit shipments worldwide 2013-2016, Global Apple's gross profit margin forecast 2017-2019, by segment, Global Apple revenue forecast 2017-2019, by segment, Global Apple's gross profit margin forecast 2017-2019, Apples share in the Chinese smartphone market 2015, Apple's share of smartphone shipments in Europe 2019-2021, Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022 (in billion U.S. dollars), Find your information in our database containing over 20,000 reports, international sales have a growing share of Apples total revenue. Apple's biggest iPhone 15 upgrade comes with a nasty surprise Apple has increased costs for iPhone, iPad and MacBook owners worldwide Apple TV+ could be making a bid to live stream Pac-12 sports replacing ESPN & Fox. Apple works with suppliers in 43 countries and six continents to make its products, and the chain gets even . According to the press release, the App . Apples China team warned Mr. Cook that China could shut down iCloud in the country if it did not comply with the new cybersecurity law. Were delighted to bring many of Apples most beloved Services to users in more countries than ever before, said Oliver Schusser, Apples vice president of Apple Music and International Content. Then Vice President for Worldwide Operations, Tim Cook, joined Apple in 1998 and the two men laid out plans to transform the company's retail program. Apple plans to make new contributions of more than $430 billion in the US and add 20,000 jobs across the country over the next five years. Whereas the tech industry is showing some growth in Europe while its traditional industries are sluggish, the EUs stringent policies are limiting the tech industrys growth. current data from the United States and around the It also exceeds the total value of stocks on most exchanges worldwide. In 2014, Apple hired Doug Guthrie, the departing dean of the George Washington University business school, to help the company navigate China, a country he had spent decades studying. Jobs believed this had to involve a transformation in the customer relationship where purchasers were afforded more control over the presentation of the products. Most importantly, Chinas digital infrastructure is already in place, much like the Wests. Mr. Shoemaker said he and his team rationalized removing apps by framing them as simply enforcing a countrys laws. Six months later, Apple fired Mr. Pham. In May 2016, Fortune, citing Morgan Stanley, reported, With per capita income of $1,570 as of 2014 and the average smartphone selling for less than $90, a third of the global average, Indias market growth is predominantly led by cheaper phones. It has created more than 2 million jobs to date and intends to add 20,000 more over the next five years. And the digital keys that unlock information on those computers are stored in the data centers theyre meant to secure. Under the direction of Deirdre O'Brien, Apple Stores are staffed by more than 70,000 team members and 3,000 Creative Pros. China, including Hong and Macau, has the second highest number at 50 while the United Kingdom has the third highest amount at 38. U.S. law has long prohibited American companies from turning over data to Chinese law enforcement. Please do not hesitate to contact me. If the products were designed in California, they shouted, then what were they doing in China? Thu 3 Jun 2021 00.54 EDT Last modified on Thu 3 Jun 2021 01.53 EDT. In an initial agreement between Apple and Chinese officials, the location of the keys was left intentionally vague, one person said. The current Apple Store layout certainly looks different to the format in 2001 with elements such as the tree-lined "Genius Grove" added for customer support and "The Forum" introduced for gaming and creative events. "This business model only . !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 United States, its home country. Statista. In 2020, it surpassed another milestone, becoming the first company to record a market value of $2 trillion. On Chinese iPhones, Apple forbids apps about the Dalai Lama while hosting those from the Chinese paramilitary group accused of detaining and abusing Uyghurs, an ethnic minority group in China. In early 2018, Guo Wengui, an exiled Chinese billionaire, was spending much of his time in Manhattan trying to broadcast his claims of corruption inside the Communist Party. Steve Jobs gives tour of new Apple Stores 2001 When assessing how the Apple store has changed over the years, there have been three distinct phases: Lifestyle Experience. Consumer Electronics Apple's revenue share by operating segment 2012-2022, by quarter Payments Apple Pay penetration, both online as well as offline, in 14 countries worldwide 2022 Payments. As a Premium user you get access to the detailed source references and background information about this statistic. All values afterwards are estimates. Apple has added more active devices every year in the US, but are around 50 million units behind Roku. Copyright Marketplace | News & Insights | Data | Events, Tim Cook (CEO), Eddy Cue (SVP Services), Craig Federighi (SVP Software Engineering), Jeff Williams (COO), Apple generated $394.3 billion revenue in 2022, 52% came from iPhone sales, Apple Services is the second largest division, responsible for 19% of revenue in 2022, 232 million iPhones, 61 million iPads and 26 million Mac and MacBook units were sold in 2022, Apples home and wearables division grew 7.3% in 2022, It sold 82 million AirPods and 53 million Apple Watches in 2022, Apple Music has 88 million subscribers, Apple TV+ has over 75 million. proper attribution to Statista. Even though Apple device sales have stagnated in the past few years, it has added more active iPhone users every year. For a full list of Apple Media Services availability around the world, please visit. The Market Value of Some Stock Exchanges, 4. A businesss expansion into a new market should always be based on the local culture and sentiment. statistic alerts) please log in with your personal account. 2. Does Statista also create infographics in a customized design? In Cupertino, Calif., Apple engineers have been racing to finish designs for the new Chinese iCloud. Apple said that most of the apps it removed for the Chinese government were related to gambling or pornography or were operating without a government license, such as loan services and livestreaming apps. And I do feel great about the growth rate.. Semiconductors, Electronics, Electrical Engineering, Technology Hardware & Equipment. macOS, iOS, iPadOS, tvOS, watchOS, CarPlay, HomePod, Windows, Android, Chrome OS, Amazon Echo, Sonos, and web More Music & Audio App Data Clubhouse Revenue and Usage Statistics (2023) If you are an admin, please authenticate by logging in again. While there have been iterations and new models, this core has remained popular across a broad spectrum of professional customers. The second major geography that Apple dominates is Europe. The US-China trade war has caught Apple in the crossfire. Data journalist covering technological, societal and media topics, Fox Unlikely To Settle With Dominion Over Election Lies As High-Stakes Trial Nears, Experts Say, Murdaugh Gets Consecutive Life Sentences For Murdering Wife And Son, Everything You Need To Know About Mad Cow Disease After Brazil Confirms Infection, Walgreens Wont Sell Abortion Pills In These StatesEven Though Abortion Is Legal There, iPhone Maker Foxconn Reportedly Expands In India Amid Claims Apple Wants To Bolster Manufacturing There, Thursday, March 2.