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. Led by Warren Buffet-the world's seventh richest billionaire as of January 2022 - the early years of the company focused on long-term investments in publicly traded companies, but now more. Indian sentiment thrives on budget spending. The Statista "Chart of the Day", made available Countries and regions that support Apple Pay - Apple Support 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. Sources: Company data, Forbes, MiDiA Research. Overview Apple is a company that designs, manufactures, and markets mobile communication and media devices. Apple Store on MacRumors Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Apple has rebalanced its revenue weighting from products to products and services. The Market Value of Some Stock Exchanges, 4. An increasingly important part of Apple, as it continues to add more subscriptions and services to its iOS platform. But Apple and the Chinese government have made an unusual arrangement to get around American laws. Chinese law requires the companies to comply. Then you can access your favorite statistics via the star in the header. 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. That surprised at least two Apple executives who worked on the initial negotiations and who said the move could jeopardize customers data. Lets understand Apples global presence in detail. In an initial agreement between Apple and Chinese officials, the location of the keys was left intentionally vague, one person said. Apple (AAPL) has officially reported its earnings for fiscal Q3 2021, covering the months of April, May, and June. Sources: Bloomberg, Statista. In a presentation to some engineers last year, according to slides viewed by The Times, managers made clear that the stakes were high. industries; and "Economy and Society", which Apple generates more than half of its revenue from products. 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. 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. ", Yahoo Finance. Want to learn more about Apple? Compared to the U.S., the world's largest economy with a GDP of $21.43 trillion in 2019, Apple's market cap represents 9.7%., Only 7 countries have annual GDP figures greater than Apple's market cap. The Americas segment includes North and South America. In addition to US developers, European developers also contribute App Store content. The Chinese government was starting to pass laws that gave the country greater leverage over Apple, and Mr. Guthrie said he believed Mr. Xi would soon start seeking concessions. 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. Sometimes, Mr. Shoemaker said, he was awakened in the middle of the night with demands from the Chinese government to remove an app. non-commercial websites. 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. We have never compromised the security of our users or their data in China or anywhere we operate, the company said. Apple Services now available in more countries around the world But which one works best for you? 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 use individual functions (e.g., mark statistics as favourites, set In Q1 2022, Apple's iPhone sales accounted for 57.8% of the company's overall revenue. The Combined Net Worth of the World's 18 Richest People. Apple commits $430 billion in US investments over five years. It launched Apple Watch in 2015, as an accessory to the iPhone which tracks various health and fitness metrics. Instead of laying off full-time permanent employees, Apple has begun letting go of contractors. 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. In its stores, Apple. "The Real Time Billionaires List. Apple wanted to keep them in the United States; the Chinese officials wanted them in China. 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. dollars)." He earns approximately $15 million per year in salary and bonuses.. Apple is one of the most produced fruits in the world. Jobs believed this had to involve a transformation in the customer relationship where purchasers were afforded more control over the presentation of the products. Apple commits $430 billion in US investments over five years Mr. Cook has made frequent, statesmanlike visits to China. iPhone is Apples most valuable product and has, since 2008, been its main source of revenue. The Apple iOS Shortcuts App it does what it says on the tin. In response, he sued the company, accusing it of pushing him out to appease the Chinese government. Apple added that it removed apps only to comply with Chinese laws. Global GDP was $87.799 trillion in 2019, per the latest data from the World Bank, and Apple's market cap is 2.36% of that figure. internet, telecommunications and consumer electronics 28 May 2014 - Apple announces the purchase of Beats for around US$ 3 Billion. world relating to economic and political issues as well as "How Much is Tim Cook Worth?". 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. 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. Those exchanges immediately behind Apple are theFrankfurt Stock Exchange, South Korea Stock Exchange, Stockholm Stock Exchange, and Swiss Stock Exchange., The U.S. governments expenses far exceed its revenue generation, leading to a burgeoning budget deficit which has been a subject of hot political debates. The trade war has imposed heavy tariffs on Chinese imports, meaning Apple could pay tariffs for importing its own products produced in China. 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. Indias community is also known for its software aptitude. 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. According to a CNBC report in January, on India, Tim Cook said, I feel like were making good progress there and are gaining an understanding of the market, but we still have a long way to go, which I sort of see as an opportunity instead of a problem. Apple said it challenged those requests because they were illegal under U.S. law. [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. On one trip in 2019, he toured the Forbidden City, met with a start-up and posted about the trip on the Chinese social platform Weibo. Despite the pressures of the pandemic, healthcare institutions dominate the America's Best Large Employers 2023 list. October 16, 2014 11:32 AM EDT. 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. It has considered relocating its production facilities. The accelerated commitment will fund a new North Carolina campus and job-creating investments in innovative fields like silicon engineering and 5G technology. In the two years ending June 2020, the most recent data available, Apple said it approved 91 percent of the Chinese governments app-takedown requests, removing 1,217 apps. 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. 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. Yes, Statista allows the easy integration of many infographics on other websites. "List of Stock Markets. It proactively censors its Chinese App Store, relying on software and employees to flag and block apps that Apple managers worry could run afoul of Chinese officials, according to interviews and court documents. This is approximately 13 times greater than Apple's market cap. "Apple becomes first U.S. company to reach a $2 trillion market cap. Inside, Apple was preparing to store the personal data of its Chinese customers on computer servers run by a state-owned Chinese firm. 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. The latest news and updates, direct from Apple. statistic alerts) please log in with your personal account. Behind the scenes, Apple has constructed a bureaucracy that has become a powerful tool in Chinas vast censorship operation. 2. Economies of Entire Countries . The Apple iPad Pro and Apple iPad Air stand atop Apple's tablet lineup. Apple sits far behind Amazon and Google in units sold, although the launch of the HomePod Mini has made some inroads. He turned the companys fortunes around, launching iTunes and iPod in 2001. The country has more than one billion potential users plus a cost-effective product manufacturing arena. For instance, between 1977 and 1980, the company had an average annual growth rate of 533%. Next week marks 20 years of the Apple Store. With nearly 110,000 tech workers downsized in 2023, Apple employees have been spared the ax. 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. Its success has inspired competitors such as Samsung, Xiaomi and Huawei to pursue a similar strategy and open their own physical retail stores. In a last ditch effort to save the company, Apple acquired Jobs company NeXT and installed him as advisor and then CEO. President Xi Jinping of China, lower left, greeting Apples chief executive, Tim Cook, in 2015. Note: Apple stopped reporting iPad sales in Q4 2018. They only indicate that Apple has made compromises that make it easier for the government to do so. Apple Inc. continues to be one of the most profitable companies today. 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. The company's revenue jumped from $8 billion in 2014 to over $265 billion in 2018. Chinese state employees physically manage the computers. These include white papers, government data, original reporting, and interviews with industry experts. But just as Mr. Cook figured out how to make China work for Apple, China is making Apple work for the Chinese government. In comparison to iPhone, iPad and Mac, Apples services revenue has increased year-on-year. People waiting in line last year for the opening of a new Apple Store in Beijing. Six months later, Mr. Guo submitted his app again, with changes to elude Apples software. China, the USA and Poland are the top three countries in the production of apple . In 2019 the average U.S. per person consumption of all forms of apples had increased to about 26.3 pounds. If the situation goes south from here, the production of Apples major revenue-making product, the iPhone, would be at stake. You can email the site owner to let them know you were blocked. To foster innovation and growth in the sector, Apple launched its $5 billion Advanced Manufacturing Fund in 2017. Apple is back on the iPhone SE train and is preparing the next-generation of the budget iOS smartphone for 2024, but it will not be a perfect iPhone. Since it launched in 2015, Apple Watch has led the smartwatch market with over 50% market share. Considered as one of the most popular fruits, it is used in variety of food items such as apple shakes, apple cakes, apple pies, and wines derived from apple fermentation. 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. YouTube, Apple, podcasting, Twitch | 10K views, 450 likes, 143 loves, 543 comments, 176 shares, Facebook Watch Videos from Congressman Matt Gaetz:. AirPods were next, which paved the way for wireless headphones to become mainstream. In the three years before Chinas cybersecurity law went into effect, Apple never provided the contents of a users iCloud account to the Chinese authorities and challenged 42 Chinese government requests for such data, according to statistics released by the company. Simply copy the HTML code that is shown for the relevant statistic in order to integrate it. Opinions expressed by Forbes Contributors are their own. Mr. Cook often talks about Apples commitment to civil liberties and privacy. October 27, 2022. Apple pulled the app and began investigating. The statement was deeply offensive to them, said Mr. Guthrie, who left Apple in 2019 to return to his home in Michigan. We also reference original research from other reputable publishers where appropriate. Throughout the decade, Apple has kept a core set of products: MacBook Air, MacBook Pro, Mac Pro and iMac. Most of that data for Chinese customers was stored on servers outside China. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The App Store, Apple Arcade, Apple Music, Apple Podcasts, and iCloud are now available to more customers around the world. Apple's biggest iPhone 15 upgrade comes with a nasty surprise Apple has increased costs for iPhone, iPad and MacBook owners worldwide Apple TV+ could be making a bid to live stream Pac-12 sports replacing ESPN & Fox. Over that same period, from 2013 through June 2020, Apple said it turned over the contents of iCloud accounts to U.S. authorities in 10,781 separate cases. Apple still appears to provide far more data to U.S. law enforcement. The UK comes third for Apple Stores with 38. When Apple managers questioned Mr. Pham, he told them the app didnt violate any policies. The documents and interviews shine a light on a bureaucracy inside Apple designed to censor and block apps, often proactively, to appease the Chinese government. Steve Jobs, the founder and CEO, was one of technologys first rockstars, able to sell hardware as more than a tool for work. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. It traces its origins back to 1997 when Steve Jobs returned to the company as interim CEO. Market Realist is a registered trademark. 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. 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. Apple has switched its focus to services and other long-term revenue sources, as customers keep their phones for longer. 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. With iPhone and iPad sales not likely to see much significant movement, Apple sees services as a way to continue growing. Apple: Number of Employees 2010-2022 | AAPL | MacroTrends Cloudflare Ray ID: 7a2c58c3ccac82f6 Interactive chart of Apple (AAPL) annual worldwide employee count from 2010 to 2022. In 2018, Apple became the first American company to exceed $1 trillion in market capitalization. Apple Music offers more than 60 million songsandlocally curated playlists including Africa Now, Afrobeats Hits, and more. Chinese workers assemble nearly every iPhone, iPad and Mac. Shortly after Mr. Guo applied to the App Store, the Cyberspace Administration of China, the governments internet regulator, told Apple it wanted the app rejected. The exact nature of the apps in the 2018 case was unclear, though court documents said they discussed Chinese Communist Party corruption. It has created more than 2 million jobs to date and intends to add 20,000 more over the next five years. So Mr. Cook agreed to move the personal data of his Chinese customers to the servers of a Chinese state-owned company. 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). Sales have steadily fallen in China since 2015, although it received a slight bump in 2021. At a summit for its new Chinese engineers and designers, Apple showed a video that ended with a phrase that Apple had been inscribing on the backs of iPhones for years: Designed by Apple in California.. All values afterwards are estimates. It also exceeds the total value of stocks on most exchanges worldwide. It was bad news for Apple, which had staked its reputation on keeping customers data safe. Note: Apples financial year ends in September. The World's Tech Giants, Compared to the Size of Economies Americas is responsible for 43% of all revenue generation and approximately 40% of that is from the United States alone. Apple has $246 BILLION in cash, nearly all overseas - CNNMoney Three weeks later, Trystan Kosmynka, Apples app review chief, sent an email to several managers at 2:32 a.m. During that time period, China's apple production amounted to almost 46 million metric tons. Sources: Apple, Canalys, CNBC, Gartner, Strategy Analytics. Apple has become a cog in the censorship machine that presents a government-controlled version of the internet, said Nicholas Bequelin, Asia director for Amnesty International, the human rights group. Chinas leader, Xi Jinping, is increasing his demands on Western companies, and Mr. Cook has resisted those demands on a number of occasions. They offer an extensive inside look many aspects of which have never been reported before at how Apple has given in to escalating demands from the Chinese authorities. Related by Industry: Semiconductors, Electronics, Electrical Engineering, Technology Hardware & Equipment, Located in San Jose-Sunnyvale-Santa Clara, CA Metropolitan Area. Apple iPhone 14: New Leak Claims A Surprise iPhone To Land In Days, Apple Loop: Disappointing iPhone 15 Pro News, Apples Expensive Battery Option, iPhone SE Returns. As it stands, however, those companies will have a lot of work to do in order to match the global Apple Store empire. The iPhone maker is one of the few tech companies that has avoided significant layoffs. Apple broke two records by becoming the first company to record both a $1 trillion and $2 trillion market cap. The components manufactured by those companies all around the world are ultimately sent to just two companies to assemble into iPods, iPhones, and iPads. The company earns a fifth of its revenue in the China region. please visit our agency website, Your contact to the Infographics Newsroom, Find your information in our database containing over 20,000 reports, Our infographics team prepares current information in a clear and understandable format, Relevant facts covering media, economy, e-commerce, and FMCG topics, Use our newsletter overview to manage the topics that you have subscribed to. There are just under 150 million active iPhone units in the United States, making Apple by far the most popular smartphone manufacturer and ahead of all Android device manufacturers combined.