This presence has influenced different geographies in a distinct manner. 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). Apple encrypts customers private data in its iCloud service. Apple revenue increased dramatically in the 2020s, from $65 billion at the start of the decade to $274.5 billion by the end. Statista. The stores themselves have been described as being a temple for the Apple brand and they have been credited with dramatically raising its profile. non-commercial websites. 6 February 2013 - Apple announces iTunes touched a milestone of around 25 billion songs sold. Chinese state employees physically manage the computers. Apple continues to break records with its performance, shattering the market cap ceiling in 2018 at $1 trillion and again in 2020, doubling to $2 trillion. In 2019 the average U.S. per person consumption of all forms of apples had increased to about 26.3 pounds. In 2018, Apple broke the record to become the first company to record a $1 trillion market capitalization. ", Forbes. But then youre married to China.. All values afterwards are estimates. Based on data from that report, Apples market cap exceeds the inflation-adjusted costs to the U.S. ofWorld War I, theVietnam War, and the Iraq War, among others. In some countries and regions, Business Chat will become available to . A businesss expansion into a new market should always be based on the local culture and sentiment. Its success has inspired competitors such as Samsung, Xiaomi and Huawei to pursue a similar strategy and open their own physical retail stores. Then you can access your favorite statistics via the star in the header. In an initial agreement between Apple and Chinese officials, the location of the keys was left intentionally vague, one person said. Apple Services now available in more countries around the world Use Forbes logos and quotes in your marketing. 47+ Incredible Apple Statistics in 2022 - Leftronic 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. Apple saw double-digit year-on-year growth in iPhone revenue from 2008 to 2015, but revenues stagnated for the five years afterwards. When Apple managers questioned Mr. Pham, he told them the app didnt violate any policies. Russias War On Ukraine: Daily News And Information From Ukraine, Sen. Feinstein Hospitalized With ShinglesStraining Democrats Narrow Majority, Football Head Injuries Could Impair Thinking And Memory For Decades, Research On Retired NFL Players Finds. The offers that appear in this table are from partnerships from which Investopedia receives compensation. The App Store, Apple Arcade, Apple Music, Apple Podcasts, and iCloud are now available in 20 more countries, and Apple Music is available in 52 additional countries. Apple is known as the global leader in the tech industry, specifically for iPhones. It was a difficult environment considering the success cheaper Windows-based platforms were enjoying at that time. Or do you stand on the sideline and yell at how things should be? he said at a conference in China in 2017. The reality is that, globally, Apple is fighting on multiple fronts to stay at the top. October 27, 2022. Jobs believed this had to involve a transformation in the customer relationship where purchasers were afforded more control over the presentation of the products. In line with the current White House. 83+ Apple Statistics in 2022: Sales and Usage MacKeeper Copyright Accessed March 04, 2023. https://www.statista.com/statistics/382175/quarterly-revenue-of-apple-by-geograhical-region/, Apple. Even with Apples shift in priorities from PC to mobile, Mac has remained a core part of the companys product portfolio. There will be immense pressure to get it done. While wars cause the destruction of life that cannot be measured, a 2010 Congressional Research Service reportestimated the economic cost of each U.S. war between 1775 and 2010, adjusting the figures to reflect constant dollar prices as of the fiscal year 2011. You may opt-out by. About half of all iPhone users actively use Apple Pay, according to Loup Ventures. Most of those apps have remained available in other countries. Apple said it challenged those requests because they were illegal under U.S. law. To equal Apple's market cap, one must combine the net worth of the world's top 24 billionaires.. Note: Apple stopped reporting Mac sales in Q4 2018. In August 2018, Apple Inc. (AAPL) became the world's first company to record a market capitalization of $1 trillion and roughly two years later, became the first publicly traded U.S. company to surpass $2 trillion. As of March 15, 2021, Apple's market cap increased to $2.08 trillion. To put that staggering $2 trillion figure in context, we present five other huge things that the giant technology company is bigger than or comparable to in terms of value. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. Apple disputed those figures, saying that some developers remove their own apps from China. Sources: Counterpoint Research, TF International Securities, Strategy Analytics. Apple abandoned the encryption technology it used elsewhere after China would not allow it. 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. Apple used more suppliers . These include white papers, government data, original reporting, and interviews with industry experts. Apple Inc. leads all public companies with a $2.08 trillion market cap. Access to this and all other statistics on 80,000 topics from, Show sources information Wearable, Home and Accessories revenue Apple generated $41.1 billion revenue from this segment in 2022. How many Apple stores are there in 2020? It saw a massive increase in sales in 2021, and modest growth in 2022. iPhone sales in 2021 surpassed the 2015 peak, but declined in 2022 to 232.2 million units. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. As Mr. Guthrie was delivering his warnings, Apple set about keeping the Chinese government happy. Sources: Apple, Gartner. This statistic is not included in your account. Global top apple producing countries 2022 | Statista You can opt out anytime. This website is using a security service to protect itself from online attacks. Mr. Guthrie concluded that no other country could offer the scale, skills, infrastructure and government assistance that Apple required. Phillip Shoemaker, who ran Apples App Store from 2009 to 2016, said in an interview that Apple lawyers in China gave his team a list of topics that couldnt appear in apps in the country, including Tiananmen Square and independence for Tibet and Taiwan. The quarterly periods for Apple's fiscal year include the following: early October to late December of the previous year (first quarter), early January to late March of the stated year (second quarter), early April to late June of the stated year (3rd quarter) and early July to late September of the stated year (4th quarter). A Times analysis found that tens of thousands of apps have disappeared from Apples Chinese App Store over the past several years, more than previously known, including foreign news outlets, gay dating services and encrypted messaging apps. Note: Includes apps that were active at their time of removal (i.e. 20 Years On: The Global Apple Store Empire [Infographic] - Forbes Use Ask Statista Research Service. Profit from the additional features of your individual account. India is still uncharted territory for Apple. Mr. Cook approved the decision, according to two people with knowledge of the matter who spoke on the condition of anonymity. *Click below to enlarge (charted byStatista), Total number of Apple Stores worldwide as of May 14, 2021, This is a BETA experience. Apple will have to shape its product and pricing strategy so that it can penetrate the budget-oriented Indian smartphone market. As part of Apples commitment to American innovation and job creation, the company plans to create 20,000 new jobs over the next five years, growing its San Diego team to more than 5,000 employees by 2026. This produced one of the lowest operating margins among the segments at 33.2%. As a Premium user you get access to the detailed source references and background information about this statistic. Important people put their reputations on the line. The Chinese government made that operation possible by spending billions of dollars to pave roads, recruit workers, and construct factories, power plants and employee housing. Sources: Company data, Forbes, MiDiA Research. 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) The Chinese government regularly demands data from Chinese companies, often for law-enforcement investigations. Investopedia does not include all offers available in the marketplace. Since major Western countries have higher GDP per capita than most Asia-Pacific regions, premium consumer tech companies such as Apple report substantial sales in these countries. Source: Company data. Berkshire Hathaway - statistics & facts | Statista Please create an employee account to be able to mark statistics as favorites. The country has more than one billion potential users plus a cost-effective product manufacturing arena. Budget Deficit: Causes, Effects, and Prevention Strategies, Apple becomes first U.S. company to reach a $2 trillion market cap, Monthly Budget Review: Summary for Fiscal Year 2020. The Chinese network would be established, managed, and monitored separately from all other networks, with no means of traversing to other networks out of country. Two Apple engineers said the measure was to prevent security breaches in China from spreading to the rest of Apples data centers. "This business model only . store the personal data of its Chinese customers, killing of 14 people in San Bernardino, Calif. improve iCloud services in China mainland and comply with Chinese regulations. At $2.08 Trillion, Apple Is Bigger Than These Things - Investopedia Behind the scenes, Apple has constructed a bureaucracy that has become a powerful tool in Chinas vast censorship operation. In fiscal 2019, Apple generated $43.7 billion in revenue from China, or 16.7% of its total revenue. Mr. Cook has made frequent, statesmanlike visits to China. If you look at the behavior of the Chinese government, you dont see any resistance from Apple no history of standing up for the principles that Apple claims to be so attached to.. People may receive compensation for some links to products and services on this website. High-end smartphonescosting from $300makeup only 6% of the market, or just 6 million units.. And I do feel great about the growth rate.. Just last month, Apple announced a massive new US energy storage project in Californias Monterey County joining other energy storage projects the company has invested in, including its microgrid at Apple Park. On March 23, 2020, Apple ( AAPL 2.44%) announced that it will expand its App Store to 20 other countries in April, taking the total count to 175 countries. Apple added that it removed apps only to comply with Chinese laws. Trade tensions between the US and China has to be discussed more with US administration, as Apple is a contributor to the US economy. The Apple iOS Shortcuts App it does what it says on the tin. Overview Apple is a company that designs, manufactures, and markets mobile communication and media devices. Amazon reported a 2020 net worth of $43.55 billion, trailing behind Apple's $65 billion. Sending and receiving money with Apple Pay and the Apple Cash card are available only in the U.S. President Xi Jinping of China, lower left, greeting Apples chief executive, Tim Cook, in 2015. CNBC. Statista offers daily infographics about trending topics, covering:Economy & Finance, Politics & Society, Tech & Media, Health & Environment, Consumer, Sports and many more. The next iPhone didnt include the phrase. !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. 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. If Apple's market capitalization was equal to a country's annual GDP, it might just be in the G7. For a full list of Apple Media Services availability around the world, please visit. 84 Apple Statistics: 2020/2021 Revenue, Sales & Employees E-commerce and tech giant Amazon joined the $1 trillion club in September 2018, one month after Apple. In addition to US developers, European developers also contribute App Store content. In May 2018, CNBC reported Morgan Stanley analyst Kate Huberty estimated that if Apple passes the 25% tariff costs on iPhones to customers, the price of the iPhone XS could increase by $160. This segment alone generated $53 billion revenue in 2020, making it Apples second largest segment. But Apple and the Chinese government have made an unusual arrangement to get around American laws. People waiting in line last year for the opening of a new Apple Store in Beijing. Apple Inc. All rights reserved. Cost of WWI, the Vietnam War, and the Iraq War, 5. Its products and services include iPhone, Mac, iPad, AirPods, Apple TV, Apple Watch, Beats products, Apple Care, iCloud, digital content stores, streaming, and licensing services.
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