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$394.3 billion
- The world’s largest company, and America’s most profitable, earned a massive $394.3 billion in revenue in 2022 against expenditures of $295.5 billion. That gave it a net profit of $99.8 billion, up 5.4% from 2021 and 73% from 2020.
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Oct 27, 2022 · Annual revenue was $394.3 billion, up 8 percent year over year, and annual earnings per diluted share were $6.11, up 9 percent year over year. “This quarter’s results reflect Apple’s commitment to our customers, to the pursuit of innovation, and to leaving the world better than we found it,” said Tim Cook, Apple’s CEO.
- Charting Apple’s Profit of Nearly $100 Billion in 2022
- IPhone Sales Contribute The Most to Apple’s Profit
- Apple’s Expenditure and Profitability
- Apple’s Profits in 2023?
How do Apple’s profits reach almost as high as $100 billion in a single year? The world’s largest company, and America’s most profitable, earned a massive $394.3 billion in revenue in 2022 against expenditures of $295.5 billion. That gave it a net profit of $99.8 billion, up 5.4% from 2021 and 73% from 2020. For a more granular look at Apple’s mass...
Out of all of Apple’s revenue streams, it’s clear the iPhone is the company’s cash cow. From September 2021‒2022, net iPhone sales contributed 52% of the company’s total revenue, dwarfing revenue from other products including the Macbook, Apple Watch, Airpods, and services. And revenue from iPhone sales is still growing, by 7% from 2021 and nearly ...
On the other side of the balance sheet, cost of sales (the total cost of manufacturing and selling a product or service) was the biggest expense for Apple, coming in at $223.5 billionor 76% of the company’s expenditures. Comparatively, research and development ($26 billion) as well as other operating costs ($25 billion), though both giant figures f...
Whether Apple will break $100 billion in profit is a question that can only be answered in their next annual statement, due in September 2023. However, in its latest report, Apple did warn of “downward pressure” on its margins—which will impact profitability in 2023—because of currency fluctuations. But even if that elusive $100 billion annual prof...
- Rakshit Jain
Oct 27, 2022 · 1:52 pm: For the full fiscal year 2022, Apple surpassed $200 billion in iPhone revenue for the first time, hitting $205 billion. Services reached $78 billion, wearables hit $41 billion, and Mac...
Apple revenue for the twelve months ending June 30, 2024 was $385.603B, a 0.43% increase year-over-year. Apple annual revenue for 2023 was $383.285B, a 2.8% decline from 2022. Apple annual revenue for 2022 was $394.328B, a 7.79% increase from 2021.
Apr 28, 2022 · CUPERTINO, California April 28, 2022 Apple today announced financial results for its fiscal 2022 second quarter ended March 26, 2022. The Company posted a March quarter revenue record of $97.3 billion, up 9 percent year over year, and quarterly earnings per diluted share of $1.52.
Oct 27, 2022 · Annual revenue was $394.3 billion, up 8 percent year over year, and annual earnings per diluted share were $6.11, up 9 percent year over year. “ This quarter’s results reflect Apple’s ...
Oct 27, 2022 · CUPERTINO, Calif. -- (BUSINESS WIRE)-- Apple® today announced financial results for its fiscal 2022 fourth quarter ended September 24, 2022. The Company posted a September quarter record revenue...