iPhone continues to be the main revenue generator, but its percentage has decreased in the past five years. An extensive complex of apartments and town homes is being built across the street from Apples data center in Guiyang. Mr. Cook approved the decision, according to two people with knowledge of the matter who spoke on the condition of anonymity. How many countries is Apple Music available in? They were just furious.. In 2018, the Americas had an operating profit of $26.2 billion, contributing 42% to Apple's total profit. What were panned by many as pricey accessories have become mainstream, with almost every phone manufacturer offering their own hearable to compete with Apple. Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022 (in billion U.S. dollars) [Graph]. You need a Statista Account for unlimited access. Apples more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it. For a full list of Apple Media Services availability around the world, please visit. 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). Download the report to improve your performance. It traces its origins back to 1997 when Steve Jobs returned to the company as interim CEO. Its success has inspired competitors such as Samsung, Xiaomi and Huawei to pursue a similar strategy and open their own physical retail stores. The consumption of fresh market apples in 2019 accounted for 10 pounds (ERS, 2021). We hope our customers can discover their new favorite apps, games, music, and podcasts as we continue to celebrate the worlds best creators, artists, and developers.. The US-China trade war has caught Apple in the crossfire. How many Apple stores are there in 2020? Im convinced that they will have the ability to break into the servers.. The trade war has imposed heavy tariffs on Chinese imports, meaning Apple could pay tariffs for importing its own products produced in China. In a presentation to some engineers last year, according to slides viewed by The Times, managers made clear that the stakes were high. But eight months later, the encryption keys were headed to China. Apple. You can email the site owner to let them know you were blocked. Growing from its 2001 launch with a pair of stores in Tysons Corner, Virginia, and Glendale, California, Apple now has more than 500 retail locations all around the world. 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. Mr. Cook has been on a charm offensive in China, making frequent, statesmanlike visits and meeting with top leaders. The margin. While both the Trump and Biden administrations have taken a tougher line toward China, Apples courtship of the Chinese government shows a disconnect between politicians in Washington and Americas wealthiest company. The second major geography that Apple dominates is Europe. President Xi Jinping of China, lower left, greeting Apples chief executive, Tim Cook, in 2015. 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.. International COVID-19 Stimulus and Relief, Biden to Seek New Taxes on Billionaires, Share Buybacks in Annual Address, National Debt: Definition, Impact, Key Drivers, Current U.S. Debt. Its history is phenomenal, and the lengths to which Apple has gone to upgrade its tech are revolutionary. So were apps that allowed users to message privately, share documents and browse websites the Chinese government had blocked. More than 85 percent of those proceeds go straight to third-party developers. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. In second place were Asian exporters at 25.3% while another 12.6% of international apple sales originated from North America. It has received 4018 citations so far from companies like HTC, Microsoft, Huawei, and Motorola. 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 generated $41.1 billion revenue from this segment in 2022. after it demanded Apples help breaking into an iPhone belonging to a terrorist involved in the killing of 14 people in San Bernardino, Calif. Now the Chinese government had an even broader request. Offers may be subject to change without notice. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Apple said it removed Mr. Guos app in China because it had determined it was illegal there. In the companys 2018 press release, CEO Tim Cook said, Apple is a success story that could only have happened in America, and we are proud to build on our long history of support for the US economy. He added, We believe deeply in the power of American ingenuity, and we are focusing our investments in areas where we can have a direct impact on job creation and job preparedness. Interactive chart of Apple (AAPL) annual worldwide employee count from 2010 to 2022. "Apple becomes first U.S. company to reach a $2 trillion market cap. [Online]. The Market Value of Some Stock Exchanges, 4. Apple total number of employees in 2021 was 154,000, a 4.76% increase from 2020. "Revenue of Apple by Geographical Region from The First Quarter of 2012 to 4th Quarter 2022 (in Billion U.S. In addition, users have access to world-class music experts, tastemakers, and artist-led programs from globally celebrated creators including Virgil Abloh, Billie Eilish, Elton John, Pharrell, and more. It also exceeds the total value of stocks on most exchanges worldwide. Apple sits far behind Amazon and Google in units sold, although the launch of the HomePod Mini has made some inroads. The accelerated commitment will fund a new North Carolina campus and job-creating investments in innovative fields like silicon engineering and 5G technology. Apple works with suppliers in 43 countries and six continents to make its products, and the chain gets even . We estimate AirPods is a $10 billion business on its own, with Apple Watch also potentially contributing between $14 billion to $18 billion a year. The company has provided battery replacement options for longer device usage. Apple recently began disclosing how often governments demand that it remove apps. In public appearances, he has said that while he often disagrees with Chinas laws, the world is better off with Apple in China. Apple Card is available only in the U.S. Apple Card is issued by Goldman Sachs Bank USA, Salt Lake City Branch. sports and entertainment. Other companies faced a similar dilemma in China, but Apple was uniquely exposed because of its high profile and acute dependence on the country. Apple wanted to keep them in the United States; the Chinese officials wanted them in China. For Apple, China is not only a market with a strong iPhone user base but also the manufacturing hub of iPhones. Today, Apple supports more than 2.7million jobs across the country through direct employment, spending with US suppliers and manufacturers, and developer jobs in the thriving iOS app economy. Number of apps that disappeared from the iOS App Store in China by month through February 2021. The Combined Net Worth of the World's 18 Richest People. iCloud needs influential friends in China.. 10 Best Apple Patents US6323846B1 is the most popular patent in the Apple portfolio. The company has paid more than $23 billion to App Store developers across Europe, making a good market for itself. Most of those apps have remained available in other countries. 28 May 2014 - Apple announces the purchase of Beats for around US$ 3 Billion. Currently, you are using a shared account. Furthermore, Apple has grown to be an organization of national interest. For the quarter, Apple reported $81.43 billion in revenue, up 36 percent. In the 2021/2022 crop year, China was the leading producer of apples worldwide. To equal Apple's market cap, one must combine the net worth of the world's top 24 billionaires.. Forbes. After Chinese employees complained, it even dropped the Designed by Apple in California slogan from the backs of iPhones. You only have access to basic statistics. 25 countries Over the years, Apple has expanded the number of retail locations and its geographical coverage, with 512 stores across 25 countries worldwide as of June 24, 2021, when the new flagship store at Via del Corso in Rome opened. Chinese intelligence has physical control over your hardware thats basically a threat level you cant let it get to, said Matthew D. Green, a cryptography professor at Johns Hopkins University. Profit from the additional features of your individual account. Working in the interest of the nations future, Apple is supporting education in coding, technology, science, the arts, and math. In those three years, Apple's yearly sales grew from a little over $775,000 to $118 million. 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. In 2018, Apple became the first American company to exceed $1 trillion in market capitalization. Apple Inc. All rights reserved. We agreed to this timeline three years ago, said one slide. Apple now assembles nearly all of its products and earns a fifth of its revenue in the China region. Under the direction of Deirdre O'Brien, Apple Stores are staffed by more than 70,000 team members and 3,000 Creative Pros. In 2020, it surpassed another milestone, becoming the first company to record a market value of $2 trillion. non-commercial websites. Apple is known as the global leader in the tech industry, specifically for iPhones. In November 2016, China approved a law requiring that all personal information and important data that is collected in China be kept in China. the tech industry is showing some growth in Europe. Therefore, all Apple had to do was understand the market before it could start churning out profits. Apple generates more than half of its revenue from products. It is still behind Flipboard, with 145 million MAUs, but may surpass it by 2022. Thu 3 Jun 2021 00.54 EDT Last modified on Thu 3 Jun 2021 01.53 EDT. Apple envisioned the tablet as a bridge between the smartphone and laptop, with the capabilities to be both. 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. The Chinese are serial iPhone breakers, said Ross J. Anderson, a University of Cambridge cybersecurity researcher who reviewed the documents. If the app appeared to mention the banned topics, he would remove it, but he would send more complicated cases to senior executives, including Mr. And I do feel great about the growth rate.. 9 September 2014 - Company launches wearable watch device - Apple Watch. 2023 Lets understand Apples global presence in detail. Tim Cook might have to consider shifting iPhone assembly to other Asian nations, such as Taiwan or Malaysia. But to stay on the right side of Chinese regulators, his company has put the data of its Chinese customers at risk and has aided government censorship in the Chinese version of its App Store. current data from the United States and around the "Monthly Budget Review: Summary for Fiscal Year 2020. "Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022 (in billion U.S. But then youre married to China.. It also blocked tools for organizing pro-democracy protests and skirting internet restrictions, as well as apps about the Dalai Lama. 2023 Forbes Media LLC. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. The stores themselves have been described as being a temple for the Apple brand and they have been credited with dramatically raising its profile. For instance, between 1977 and 1980, the company had an average annual growth rate of 533%. Originally known for desktop computers, Apple was one of the first companies to switch to the graphical user interface (GUI) and saw success with the first Macintosh. AirPods were next, which paved the way for wireless headphones to become mainstream. India is among the worlds fastest-growing economies. But today, Apple is facing stagnation in its own market. We have never compromised the security of our users or their data in China or anywhere we operate, the company said. The past few product launches have been smaller in scope, like the HomePod and AirPod, and Apple fans are clamouring for the next iPhone. Apple said it fired Mr. Pham because of poor performance. Sources: Counterpoint Research, TF International Securities, Strategy Analytics. "How Much is Tim Cook Worth?". Apple disputed those figures, saying that some developers remove their own apps from China. The reality is that, globally, Apple is fighting on multiple fronts to stay at the top. The exact nature of the apps in the 2018 case was unclear, though court documents said they discussed Chinese Communist Party corruption. "He also shut down 10 of the 19 Apple warehouses to limit overstocking." Yet a Times analysis of Chinese app data suggests those disclosures represent a fraction of the apps that Apple has blocked in China. Business Solutions including all features. When publishing one of these graphics, Simply copy the HTML code that is shown for the relevant statistic in order to integrate it. Latest Company & Industry Overviews News and Updates. This is not the case for Apple, which has improved sales almost every year since 2009. The iPhone saw Apple ascend to one of the most valuable companies in the world, with revenue increasing from $37.4 billion in 2008 to $65 billion in 2010. "List of Stock Markets. All other regions have been steady in terms of sales. The documents, from early 2020, indicated that Apple had planned to base the new devices on an older version of iOS, the software underpinning iPhones, which is among the most targeted systems by hackers. A map of world apple producing regions in 2000 This is a list of countries by apple production in 2016 and 2017, based on data from the Food and Agriculture Organization Corporate Statistical Database. Construction for Apples $1 billion Austin campus is underway, with employees expected to start moving into the space next year. ", Apple, Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/382175/quarterly-revenue-of-apple-by-geograhical-region/ (last visited March 04, 2023), Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022 (in billion U.S. dollars) [Graph], Apple, October 27, 2022. Source: Company data. India is still uncharted territory for Apple. Apple employees added his name to the companys internal Chinese App Store Removal wiki page, according to the documents, as well as a software program that would automatically tag any apps that mentioned him. Chinese state employees physically manage the computers. Cupertino, California Apple today announced an . But five years later, it ultimately did. Opinions expressed by Forbes Contributors are their own. This website is using a security service to protect itself from online attacks. This figure exceeds the GDP of most countries. An increasingly important part of Apple, as it continues to add more subscriptions and services to its iOS platform. 1. To date, nearly 60 of Apples US sites are LEED certified. Apple abandoned the encryption technology it used elsewhere after China would not allow it. Trillionaire Definition: How Much Money Is That and Who Will Be First? Sources: Company data, Forbes, MiDiA Research. Mr. Guos media outlets have a history of peddling misinformation. Copyright ", TradingHours.com. Western markets have very few first-time buyers, and the device upgrade cycle of Apples user base has stretched. Microsoft has an impressive market cap; however, it is not as large as Apple's. And in its data centers, Apples compromises have made it nearly impossible for the company to stop the Chinese government from gaining access to the emails, photos, documents, contacts and locations of millions of Chinese residents, according to the security experts and Apple engineers. The ideal entry-level account for individual users. We estimate AirPods is a $10 billion business on its own, with Apple Watch also potentially contributing between $14 billion to $18 billion a year. Use is, however, only permitted with Its success has inspired competitors such as. 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. The Apple iPad Pro and Apple iPad Air stand atop Apple's tablet lineup. 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. We have a deep sense of responsibility to give back to our country and the people who help make our success possible.. Please note that the code must be integrated into the HTML code (not only the text) for WordPress pages and other CMS sites. The company has attempted to customize its tech for diverse usage across countries. A new patent suggests that it could be Fitbit that beats Apple to a cutting-edge health feature. Today, some 20 years on from the opening of the two stores, Apple boasts a physical retail empire of some 500 establishments, more than half of which are in the United States. All eyes are on Apples next products, which may include a virtual reality headset and self-driving car. In fact, only seven countries in the world have a higher GDP than Apple's market cap. Jobs believed this had to involve a transformation in the customer relationship where purchasers were afforded more control over the presentation of the products. 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. 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, including adding another 1,000 team members in Seattle. Consensus Price Target is the stock price analysts expect to see within a period of 0-18 months. Like China, it has more than one billion potential users. However, the challenges for Apple in the country are not like those in others. The US is Apples home ground. Apple is carbon neutral for all of its operations in the US and around the world, and last year committed to be 100 percent carbon neutral for its entire supply chain and products by 2030. Need infographics, animated videos, presentations, data research or social media charts? Yes, Statista allows the easy integration of many infographics on other websites. Please create an employee account to be able to mark statistics as favorites. Apple resisted an order from the Chinese government in 2012 to remove The Timess apps. Apples news aggregation service may not responsible for much revenue generation for Apple or news providers but it has added more readers every year since launch. During that time period, China's apple production amounted to almost 46 million metric tons. U.S. law has long prohibited American companies from turning over data to Chinese law enforcement. October 27, 2022. Apple still appears to provide far more data to U.S. law enforcement. If you are an admin, please authenticate by logging in again. An Apple spokesman said that the company still controlled the keys that protect the data of its Chinese customers and that Apple used its most advanced encryption technology in China more advanced than what it used in other countries. You need at least a Starter Account to use this feature. The UK comes third for Apple Stores with 38. The EU has stood by its fine, stating that Member States cannot give tax benefits to selected companies this is illegal under EU state aid rules.. Use Ask Statista Research Service. Sometimes, Mr. Shoemaker said, he was awakened in the middle of the night with demands from the Chinese government to remove an app. Sending and receiving money with Apple Pay and the Apple Cash card are available only in the U.S. Sources: Bloomberg, Statista. Or do you stand on the sideline and yell at how things should be? he said at a conference in China in 2017. industries; and "Economy and Society", which The remaining 20,000 cut across a wide range of categories. A total of 5.3 million Mac computers were sold during Q4 2018. People may receive compensation for some links to products and services on this website. 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. "This business model only . iPad sales peaked in 2013, with the launch of the iPad Mini enticing 97 million customers. The Congressional Budget Office (CBO) reports that the federal budget deficit for the fiscal year 2020, which ended on Sept. 30, was $3.1 trillion, more than three times the deficit recorded for 2019., As massive as the federal deficit appears, it is only slightly larger than Apple's market cap. S ome 36 additional countries will receive shipments of Apple's iPhone 6 this month, with over 115 countries on track to get the big-screen . 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. 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. The company has developed an entire healthcare ecosystem. If Apple's market capitalization was equal to a country's annual GDP, it might just be in the G7. I call China Apples second home. The country is a potentially lucrative market, making high-end products at low cost. Chinese workers assemble nearly every iPhone, iPad and Mac. Apple (AAPL) has officially reported its earnings for fiscal Q3 2021, covering the months of April, May, and June. Chinese officials say their cybersecurity law is intended to protect Chinese residents data from foreign governments. (Rendering: Studio8 Architects and WP Visions). The next iPad Pro may come with an OLED screen, and the latest report claims itll come with a big price increase. China, including Hong and Macau, has the second highest number at 50 while the United Kingdom has the third highest amount at 38. Astonishing Apple Statistics Apple sold 1.3 billion devices in 2018. The company said in a statement that it followed the laws in China and did everything it could to keep the data of customers safe. With Samsung and Huawei offering high-end specifications in budget phones, Apple has lost its appeal to the extensive Indian audience. Our comprehensive Apple Report covers all of the companys financials, with in-depth breakdowns of each of its five business segments: iPhone, iPad, Mac, Wearables, and Services. Learn more about how Statista can support your business. 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. Switching our focus to continents, European countries sold the highest dollar worth of exported fresh apples during 2021 with shipments valued at $2.9 billion or 38.3% of the worldwide total. Hotly anticipated after the success of the iPhone, the iPad made an immediate mark, adding $19 billion to Apples revenue in the first year. But for most of that information, Apple also has the digital keys to unlock that encryption. [1] The estimated total world production of apples in 2017 was 83,139,326 metric tonnes, down 2.4% from 85,204,410 tonnes in 2016. to incorporate the statistic into your presentation at any time. As Mr. Guthrie was delivering his warnings, Apple set about keeping the Chinese government happy. On Feb. 4, 2018, shortly after the Chinese authorities demanded that Mr. Guos app be rejected, an Apple manager emailed a colleague with a question: Did Mr. Guo belong on Apples China sensitivities list, along with the likes of Falun Gong the Chinese spiritual movement and the Dalai Lama? The conglomerate increased its funding from $1 billion to $5 billion to support innovation among American manufacturers. The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. Use This Visualization. Apple has been rather inactive in the smart TV market as well, with Roku and Amazon ahead it in units sold. Apple Podcastsis the best place to browse and listen to the worlds largest catalog of podcasts. But China would not approve the use of the Thales devices, according to two employees. A resulting report said the app was published because the China hide process was not followed, according to court documents. Similar steps were taken in places like Saudi Arabia and Russia, he said. Apple invested $6 billion into TV+ in 2019, a huge gamble in a market with Netflix, Amazon and Disney all competing for eyeballs. By 2004, Apple's new retail model raked in $1 billion in sales. 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. New Apple Music subscribers in the 52 additional countries can enjoy a six-month free trial of the service, with locally curated playlists including Africa Now, Afrobeats Hits, Ghana Bounce, and more. In fiscal 2019, Apple generated $43.7 billion in revenue from China, or 16.7% of its total revenue. The action you just performed triggered the security solution. For individual content and infographics in your Corporate Design, 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. The offers that appear in this table are from partnerships from which Investopedia receives compensation. How many countries does Apple operate in? Note: Apple stopped reporting Mac sales in Q4 2018. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, eHealth - Gesundheits-Konsumenten-Apps im Apple Store nach Zielgruppe 2013, eHealth - Gesundheits-Konsumenten-Apps im Apple Store nach Therapiegebiet, eHealth - Anzahl der Gesundheits-Konsumenten-Apps im Apple Store nach Funktionalitt, eHealth - Gesundheits-Konsumenten-Apps im Apple Store entlang des Behandlungspfads, eHealth - Anzahl der Gesundheits-Apps im Apple Store nach Nutzer 2013, eHealth - Gesundheits-Konsumenten-Apps im Bereich psychische Gesundheit 2013.