Apple reported net income of 93.74 billion U.S. dollars in its 2024 fiscal year, down from the highest net income to date in 2022. Apple’s global revenue amounted to 391 billion U.S. dollars in that same year. Founded in 1976 in California by Steve Jobs, Steve Wozniak and Ronald Wayne, Apple has over the years developed into one of the most valuable brands worldwide. The fiscal year end of the company is September, 30th. Apple’s products The product that contributed most to Apple’s success is the iPhone, which brought in 52 billion U.S. dollars sales revenue in the first quarter of 2019 alone. Revenues generated from iPhone sales consistently make up around 50 percent of Apple’s overall revenue in recent years. Other major Apple products include consumer electronic devices such as the Mac computers, iPad, Apple Watch and the smart speaker HomePod. Apple’s service products, such as the iTunes Store and iCloud, are becoming a greater part of the company’s business and provides new sources of revenue stream.

Apple revenue for the twelve months ending March 31, 2025 was $400.366B, a 4.91% increase year-over-year. Apple annual revenue for 2024 was $391.035B, a 2.02% increase from 2023. 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.

In the first quarter of fiscal year 2025, Apple reported a net income of around 36.33 billion U.S. dollars. Apple’s net income figures have grown massively in the past decade, with the yearly total rising from just over six billion dollars in 2008 to around 94 billion in 2024. Apple Inc. Apple holds the title of world’s most valuable brand and is the first public company to reach the one trillion U.S. dollars milestone in market capitalization. Since its famous beginning in a garage in California, the company has grown into a tech industry giant, bringing in hundreds of billions of dollars in revenue each year and revolutionizing the tech industry time and time again with its various consumer electronic devices. Product line Some of the company’s famous products include the iPhone, MacBook, iPod and the relative newcomer Apple Watch. In addition to consumer electronics, the company develops a variety of software packages and apps, as well as its own series of operating systems which support its devices. More recently, Apple has increased the scope of its offerings even further to provide consumers with cloud storage and a mobile payment platform.

Apple net income for the twelve months ending March 31, 2025 was $97.294B, a 3.08% decline year-over-year. Apple annual net income for 2024 was $93.736B, a 3.36% decline from 2023. Apple annual net income for 2023 was $96.995B, a 2.81% decline from 2022. Apple annual net income for 2022 was $99.803B, a 5.41% increase from 2021.

Apple’s iPhone sales accounted for around ** percent of the company’s overall revenue in the first quarter of fiscal year 2025, the largest share of all Apple products. Over the years, services as well as wearables, home and accessories have made a growing contribution to Apple’s net sales. Apple’s revenue growth amid the pandemic In the first quarter of financial year 2025, Apple’s global revenue reached around *** billion U.S. dollars. The Americas are Apple’s largest regional market and contributed to around ** percent of the firm’s sales in that quarter. Who are Apple’s competitors? Having a broad family of products, Apple competes with different companies in different markets. Samsung is Apple’s largest adversaries in the global smartphone market, where the company had a share of almost ** percent in the second quarter of 2024. Similarly, Apple has a solid position in the PC market without a leading advantage. The situation is reversed in the tablet market and the smartwatch market, where Apple has remained the leader since the early days, staying ahead of Samsung, Huawei, Amazon, etc.

Apple is one of the most influential and recognisable brands in the world, responsible for the rise of the smartphone with the iPhone. Valued at over $2 trillion in 2021, it is also the most valuable...

Apple operating income for the twelve months ending March 31, 2025 was $127.364B, a 7.72% increase year-over-year. Apple annual operating income for 2024 was $123.216B, a 7.8% increase from 2023. Apple annual operating income for 2023 was $114.301B, a 4.3% decline from 2022. Apple annual operating income for 2022 was $119.437B, a 9.63% increase from 2021.

The operating profit of Apple with headquarters in the United States amounted to ****** billion U.S. dollars in 2024. The reported fiscal year ends on September 28.Compared to the earliest depicted value from 2020 this is a total increase by approximately ***** billion U.S. dollars. The trend from 2020 to 2024 shows, however, that this increase did not happen continuously.

Apple net income/loss for the twelve months ending March 31, 2025 was $270.176B, a 2.92% increase year-over-year. Apple annual net income/loss for 2024 was $93.736B, a 3.36% decline from 2023. Apple annual net income/loss for 2023 was $96.995B, a 2.81% decline from 2022. Apple annual net income/loss for 2022 was $99.803B, a 5.41% increase from 2021.

Apple’s total revenue amounted to around *** billion U.S. dollars in their 2024 financial year, a decrease from the historical record of ****** billion U.S. dollars in financial year 2022. Apple’s annual revenue quadrupled in the last ten years. The fiscal year end of the company is September, 30th. Apple’s dramatic growth Constant waves of innovative products underly Apple’s drastic growth over the years: the Mac computer, iPhone, iPad, and Apple Watch are all revolutionary products that started their own dynasties and enjoy immense commercial success. Apple’s stock tells an even more impressive story: over the last decade, Apple’s share price has grown more than tenfold and prompted it to become the first trillion-dollar company in terms of market capitalization. As of 2024, Apple is the most valuable brand worldwide. Apple store: a unique invention Huge glass panes, minimalistic design – these are the signature characteristics Apple stores are known for. Opened in the early 2000s, the Apple store contributes yet again to Apple’s success story: it was the fastest retailer worldwide to surpass the one-billion-U.S. dollar annual sales trademark and showcases Apple’s diverse products in hundreds of locations around the globe now. Apple’s home market the United States has the highest concentration of these stores – there are ** Apple stores in California alone when looking at the number of Apple stores by state .

For the first quarter of their 2025 fiscal year, Apple reported a revenue of ***** billion U.S. dollars. Apple revenue - additional information Apple Computer, Inc. was renamed Apple Inc. in 2007, in order to reflect the brand’s extension into other segments of the consumer electronics market. The company, founded in 1976, went on to grow from a two-man operation to a worldwide record-breaking phenomenon. In its 2023 financial year, Apple reported 383 billion U.S. dollars in revenues, compared to ***** billion U.S. dollars in 2004. Since the 2001 launch of the iPod in 2001, Apple has invested billions in research and development of new products, in order to answer ever changing consumer needs. Apple’s most profitable division is its hardware segment, which includes products such as the Macintosh computer series, the iPod, the iPhone, the iPad, or Apple TV. Additionally, Apple offers consumers a number of software products, such as the OS X and iOS operating systems and web-based services, such as the Mac App Store and the iOS App Store, iTunes Store, iBooks, or iCloud. Apple's iPhone is its most successful product Released in 2007 and already in its ****** generation in 2014, the iPhone is Apple’s most successful product, with over *** billion units sold since its launch. It is credited with almost single-handedly making Apple one of the most valuable brands in the world. The iPhone also has a very strong brand retention, surpassing all other smartphone brands. In the United States and in the United Kingdom, Apple's iOS operating system occupied **** or more of both markets in 2024.

In fiscal year 2024, Apple's revenue by segment (products & services) are as follows: iPad: $26.69 B, iPhone: $201.18 B, Mac: $29.98 B, Service: $96.17 B, Wearables, Home and Accessories: $37.01 B.

The Americas are Apple’s largest regional market, bringing in net sales of ***** billion U.S. dollars in the first quarter of the company’s 2025 fiscal year. Europe and Greater China are two other major markets for Apple. U.S.: Apple’s biggest market The high revenue generated from the Americas is largely due to Apple’s strong performance in their home market, the United States. Apple has the largest market share among smartphone vendors in the U.S. by a large margin. Although international sales have a growing share of Apple’s total revenue, the U.S. still counts for around ** percent of Apple’s net sales. The U.S. also has the highest concentration of Apple stores, which is Apple’s own chain of retail stores that showcase and sell Apple’s various products including the iPhone, iPad, Apple Watch, among others. iPhone: Apple’s most profitable product The iPhone, initially released in 2007, became Apple’s most successful product: The share of iPhone sales consistently amount to more than ** percent of Apple’s overall share of sales. The early generations of iPhone revolutionized the mobile phone industry and popularized the use of smartphones. Now in the **** generation, the new iPhone ** Pro and ** Pro Max continue to contribute to the success of Apple’s signature product, helping push for year-on-year iPhone sales growth despite the economic recession we are experiencing.

Apple income from continuous operations for the twelve months ending March 31, 2025 was $97.294B, a 3.08% decline year-over-year. Apple annual income from continuous operations for 2024 was $93.736B, a 3.36% decline from 2023. Apple annual income from continuous operations for 2023 was $96.995B, a 2.81% decline from 2022. Apple annual income from continuous operations for 2022 was $99.803B, a 5.41% increase from 2021.

Apple's annual net income per employee was $571.56 K in fiscal year 2024. The net income per employeedecreased$30.89 Kfrom $602.45 K(in 2023) to $571.56 K (in 2024), representing a -5.13% year-over-year decline.

Apple gross margin for the quarter ending March 31, 2025 was 46.63%. Apple average gross margin for 2024 was 46.07%, a 4.82% increase from 2023. Apple average gross margin for 2023 was 43.95%, a 1.62% increase from 2022. Apple average gross margin for 2022 was 43.25%, a 4.42% increase from 2021. Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.

As of the first quarter of 2025, Apple’s gross profit amounted to around ***** percent. Gross margin is a financial metric that takes the difference between a company’s revenue and its cost of goods sold and then expresses this number as a percentage of total revenue. More simply expressed: in the first quarter of 2025 Apple sold its products with an overall markup of ***** percent over their total cost. The fiscal year-end of the company is September, 30th. Apple Inc. Since its now famous beginning in a California garage, Apple has grown into one of the biggest companies in the world, with its market capitalization amounting to *** trillion U.S. dollars. The company brings in hundreds of billions of U.S. dollars in revenue each year and has revolutionized the consumer electronics industry time and time again with a range of massively successful product lines. Although still primarily a consumer electronics vendor, the company has also begun to branch out into a variety of service-based businesses including Apple Pay, iTunes, and iCloud storage. Apple’s sales revenue iPhone is Apple’s most famous product, but other products such as Macs and iPads also contribute to the company’s success. Furthermore, Apple is active in the software industry, with its OS X and iOS operating systems and its web-based services, such as Apple App Store, iTunes, and iCloud.

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Apple reported $984M in Interest Income for its fiscal quarter ending in September of 2023. Data for Apple | AAPL - Interest Income including historical, tables and charts were last updated by Trading Economics this last July in 2025.