Cupertino, California Apple today announced an . We have never compromised the security of our users or their data in China or anywhere we operate, the company said. One of his first research projects was Apples Chinese supply chain, which involved millions of workers, thousands of plants and hundreds of suppliers. 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. A bigger chunk of the tech-using population relies on free third-party services. About half of all iPhone users actively use Apple Pay, according to Loup Ventures. Copyright Apple generates more than half of its revenue from products. When Apple managers questioned Mr. Pham, he told them the app didnt violate any policies. Before his app even became available on iPhones, the Chinese government was trying to block it. We have a deep sense of responsibility to give back to our country and the people who help make our success possible.. Apple was the leading smartwatch vendo r, claiming 52.5% of the global smartwatch market share as of 2021. Chinese iPhones censor the emoji of the Taiwanese flag, and their maps suggest Taiwan is part of China. All Rights Reserved. And competitors such as Samsung and OnePlus are threatening Apple in the premium smartphone category. But Apple and the Chinese government have made an unusual arrangement to get around American laws. Were creating jobs in cutting-edge fields from 5G to silicon engineering to artificial intelligence investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future.. In fact, only seven countries in the world have a higher GDP than Apple's market cap. Lets understand Apples global presence in detail. The Apple Store has been credited as serving as a form of temple for Apple and dramatically elevating its brand profile over the past two decades. They were just furious.. Most importantly, Chinas digital infrastructure is already in place, much like the Wests. Cost of WWI, the Vietnam War, and the Iraq War, 5. Corning is among the companies that have received awards from Apples Advanced Manufacturing Fund, designed to foster innovation and growth in the sector. The trade war has imposed heavy tariffs on Chinese imports, meaning Apple could pay tariffs for importing its own products produced in China. Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. 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. GUIYANG, China On the outskirts of this city in a poor, mountainous province in southwestern China, men in hard hats recently put the finishing touches on a white building a quarter-mile long with few windows and a tall surrounding wall. Cupertino, California Apple announced that starting today, even more customers around the world can enjoy many of Apples most popular Services. Or do you stand on the sideline and yell at how things should be? he said at a conference in China in 2017. Read on as we dissect how these devices compare. "This business model only . Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. 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. Apple recently required its Chinese customers to accept new iCloud terms and conditions that list GCBD as the service provider and Apple as an additional party. Apple told customers the change was to improve iCloud services in China mainland and comply with Chinese regulations., The terms and conditions included a new provision that does not appear in other countries: Apple and GCBD will have access to all data that you store on this service and can share that data between each other under applicable law.. The location of the keys to the data of Chinese customers was a sticking point in talks between Apple and Chinese officials, two people close to the deliberations said. To date, nearly 60 of Apples US sites are LEED certified. AirPods have become a significant business for Apple, with over 80 million sales in 2022. U.S. law has long prohibited American companies from turning over data to Chinese law enforcement. Inside, Apple was preparing to store the personal data of its Chinese customers on computer servers run by a state-owned Chinese firm. The documents showed that Apples deadline to start storing data in the new Chinese data centers was June 2021. The investment will create at least 3,000 new jobs in machine learning, artificial intelligence, software engineering, and other cutting-edge fields. 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. 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. Mr. Cook has been on a charm offensive in China, making frequent, statesmanlike visits and meeting with top leaders. 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. Trillionaire Definition: How Much Money Is That and Who Will Be First? To make this many devices requires an incredibly complex and far-reaching supply chain. Construction for Apples $1 billion Austin campus is underway, with employees expected to start moving into the space next year. Apple envisioned the tablet as a bridge between the smartphone and laptop, with the capabilities to be both. Overview Apple is a company that designs, manufactures, and markets mobile communication and media devices. 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. If the products were designed in California, they shouted, then what were they doing in China? It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. Opinions expressed by Forbes Contributors are their own. Those events and the chain reaction they set off inside Apple were laid out in court documents last week in a wrongful-termination case against the company. YouTube, Apple, podcasting, Twitch | 10K views, 450 likes, 143 loves, 543 comments, 176 shares, Facebook Watch Videos from Congressman Matt Gaetz:. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: When Steve Jobs returned to Apple as interim CEO in 1997, the company relied on PC and electronics stores for the bulk of its Macintosh sales. (October 27, 2022). Semiconductors, Electronics, Electrical Engineering, Technology Hardware & Equipment. Show publisher information please include a backlink to the respective infographic URL. Quarterly smartphone market share worldwide by vendor 2009-2022, Market share of mobile operating systems worldwide 2009-2022. There was little sign of its purpose, apart from the flags of Apple and China flying out front, side by side. Apple is known as the global leader in the tech industry, specifically for iPhones. China, including Hong and Macau, has the second highest number at 50 while the United Kingdom has the third highest amount at 38. With iPhone and iPad sales not likely to see much significant movement, Apple sees services as a way to continue growing. Apple is the largest taxpayer in the US and has paid almost $45 billion in domestic corporate income taxes over the past five years alone. Total Enterprise Value to Total Revenue (ttm). Use Ask Statista Research Service. But eight months later, the encryption keys were headed to China. Apple revenue increased dramatically in the 2020s, from $65 billion at the start of the decade to $274.5 billion by the end. 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. It operates. Two decades ago, as Apples operations chief, Mr. Cook spearheaded the companys entrance into China, a move that helped make Apple the most valuable company in the world and made him the heir apparent to Steve Jobs. The second major geography that Apple dominates is Europe. She suggested that the question be elevated to Apples executive review board, a group of executives who decide the trickiest App Store issues, including top deputies to Mr. Cook. Performance & security by Cloudflare. Thu 3 Jun 2021 00.54 EDT Last modified on Thu 3 Jun 2021 01.53 EDT. 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 debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. AirPods were next, which paved the way for wireless headphones to become mainstream. U.S. federal government debt as of Sept. 30, 2020. It has also built out its subscription services to include music and video streaming, video games, fitness and cloud storage. Mr. Guos media outlets have a history of peddling misinformation. Apple also continues to support jobs in the innovative iOS app economy, which facilitated $138 billion of commerce in 2019 in the US alone. Global GDP was $87.799 trillion in 2019, per the latest data from the World Bank, and Apple's market cap is 2.36% of that figure. Similar steps were taken in places like Saudi Arabia and Russia, he said. Apple is on track to meet its 2018 goal of creating 20,000 new jobs in the US by 2023. 6 February 2013 - Apple announces iTunes touched a milestone of around 25 billion songs sold. Apple shipped over 228 million iPhones in 2021. The company has paid more than $23 billion to App Store developers across Europe, making a good market for itself. Services has seen the highest percentage increase over the past five years. The action you just performed triggered the security solution. Economies of Entire Countries . 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. Therefore, all Apple had to do was understand the market before it could start churning out profits. 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. Apple is still contending with a $14 billion unpaid tax charge. Apple saw an impressive 57% increase in iPad sales in 2020. Apple is one of the biggest job creators in the US. Note: Apples financial year ends in September. He turned the companys fortunes around, launching iTunes and iPod in 2001. Apple wanted to keep them in the United States; the Chinese officials wanted them in China. From the region, it generated around 23% of its revenue in fiscal 2019. Please do not hesitate to contact me. Investopedia requires writers to use primary sources to support their work. It also offers a year of TV+ to iPhone and iPad buyers for free, which means most subscribers are still on free trial.