You need a Statista Account for unlimited access. Trillionaire Definition: How Much Money Is That and Who Will Be First? But China would not approve the use of the Thales devices, according to two employees. In an initial agreement between Apple and Chinese officials, the location of the keys was left intentionally vague, one person said. "List of Stock Markets. It traces its origins back to 1997 when Steve Jobs returned to the company as interim CEO. What were panned by many as pricey accessories have become mainstream, with almost every phone manufacturer offering their own hearable to compete with Apple. When publishing one of these graphics, 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. 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. 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. 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. Apple Music is the second largest music streaming service in the West, far behind Spotifys 150 million users. Here's a more recent look at the company's financial performance. proper attribution to Statista. 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. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Please do not hesitate to contact me. Apple is also making industry-leading investments in new clean energy projects and green technology in the US and around the world. An extensive complex of apartments and town homes is being built across the street from Apples data center in Guiyang. The documents show that GCBD employees would have physical control over the servers, while Apple employees would largely monitor the operation from outside the country. Interactive chart of Apple (AAPL) annual worldwide employee count from 2010 to 2022. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. October 16, 2014 11:32 AM EDT. In, Apple. Apple revenue increased dramatically in the 2020s, from $65 billion at the start of the decade to $274.5 billion by the end. According to data reported by IDC and Counterpoint Research, Samsung, Xiaomi, Oppo, and Vivo held ~70% of the Indian smartphone shipment market in 2018. Chinese law requires the companies to comply. There was little sign of its purpose, apart from the flags of Apple and China flying out front, side by side. India is still uncharted territory for Apple. In this scenario, China is a viable alternative. The next iPad Pro may come with an OLED screen, and the latest report claims itll come with a big price increase. For the first time seriously, Los Blancos are the subject of a new, fly-on-the-wall documentary releasing on March 10. Apple also planned to use low-cost hardware originally designed for the Apple TV. Apple is one of the most produced fruits in the world. The stores themselves have been described as being a temple for the Apple brand and they have been credited with dramatically raising its profile. Cue and Mr. Schiller. Sources: Bloomberg, Statista. The subject line was Hot: Guo. The Chinese government had spotted Mr. Guos new app, and Mr. Kosmynka wanted to know how it had gotten published. Even though Apple device sales have stagnated in the past few years, it has added more active iPhone users every year. With nearly 110,000 tech workers downsized in 2023, Apple employees have been spared the ax. As a subscriber, you have 10 gift articles to give each month. CNBC. Microsoft has an impressive market cap; however, it is not as large as Apple's. A budget deficit occurs when expenditures exceed revenue and is the term commonly used to refer to government spending and national debt. 2. By Jack Linshi. The past few product launches have been smaller in scope, like the HomePod and AirPod, and Apple fans are clamouring for the next iPhone. But eight months later, the encryption keys were headed to China. He earns approximately $15 million per year in salary and bonuses.. More than 85 percent of those proceeds go straight to third-party developers. Most importantly, Chinas digital infrastructure is already in place, much like the Wests. Chinese officials say their cybersecurity law is intended to protect Chinese residents data from foreign governments. Inside, Apple was preparing to store the personal data of its Chinese customers on computer servers run by a state-owned Chinese firm. It was a tightrope we had to walk.. Mr. Cook has made frequent, statesmanlike visits to China. 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. The iPhone maker is one of the few tech companies that has avoided significant layoffs. The Chinese employees were angered, according to Mr. Guthrie and another person in the room. Sources: Above Avalon, Apple, BMO Capital Markets. The latest news and updates, direct from Apple. Airships Mobile App Experience Gap Survey Report researched gaps in seven key operational areas. "When Tim Cook initially took over Apple's supply chain, he cut down the number of component suppliers from 100 to 24, forcing companies to compete for Apple's business," writes Sam Oliver at Apple Insider. A company's net worth is calculated as its assets minus liabilities. Apple total number of employees in 2020 was 147,000, a 7.3% increase from 2019. In the three years after the law kicked in, Apple said it provided the contents of an undisclosed number of iCloud accounts to the government in nine cases and challenged just three government requests. 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. (Rendering: Studio8 Architects and WP Visions). The statement was deeply offensive to them, said Mr. Guthrie, who left Apple in 2019 to return to his home in Michigan. For Chinese authorities, this is no longer about, How much money are you pouring into China? This is about, What are you giving back? Mr. Guthrie said. Western markets have very few first-time buyers, and the device upgrade cycle of Apples user base has stretched. As part of its investments and expansion, Apple plans to invest over $1 billion in North Carolina and will begin construction on a new campus and engineering hub in the Research Triangle area. So were apps that allowed users to message privately, share documents and browse websites the Chinese government had blocked. Apple disputed those figures, saying that some developers remove their own apps from China. Its success has inspired competitors such as Samsung, Xiaomi and Huawei to pursue a similar strategy and open their own physical retail stores. Apple operates 512 retail stores in 22 countries. We agreed to this timeline three years ago, said one slide. The Statista "Chart of the Day" currently focuses To equal Apple's market cap, one must combine the net worth of the world's top 24 billionaires.. You can only download this statistic as a Premium user. In 2019 the average U.S. per person consumption of all forms of apples had increased to about 26.3 pounds. In 2018, Apple broke the record to become the first company to record a $1 trillion market capitalization. Consumer Electronics Apple's revenue share by operating segment 2012-2022, by quarter Payments Apple Pay penetration, both online as well as offline, in 14 countries worldwide 2022 Payments. Gross Domestic Product (GDP): Formula and How to Use It, Billionaire: Definition, Examples, vs. Millionaire, U.S. Debt Ceiling: Definition, History, Pros, Cons, Clashes. Cupertino, California Apple today announced an . In 2020, it surpassed another milestone, becoming the first company to record a market value of $2 trillion. All other regions have been steady in terms of sales. However, Apple's value pales in comparison to the nation's total federal debt of $26.945 trillion.. 10 Best Apple Patents US6323846B1 is the most popular patent in the Apple portfolio. This segment alone generated $53 billion revenue in 2020, making it Apples second largest segment. This chart shows the total number of Apple Stores worldwide as of May 14, 2021. 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. Apple said it removed Mr. Guos app in China because it had determined it was illegal there. This app and any Guo Wengui app cannot be on the China store, he wrote, according to the emails filed in the court case. world relating to economic and political issues as well as While sales dropped in 2021, the launch of higher-end iPads meant more revenue per sale. Apple generated $41.1 billion revenue from this segment in 2022. GCBD declined to answer questions about its Apple partnership. In 2018, Apple became the first American company to exceed $1 trillion in market capitalization. sports and entertainment. It was bad news for Apple, which had staked its reputation on keeping customers data safe. Business Solutions including all features. The Chinese network would be established, managed, and monitored separately from all other networks, with no means of traversing to other networks out of country. Two Apple engineers said the measure was to prevent security breaches in China from spreading to the rest of Apples data centers. We have never compromised the security of our users or their data in China or anywhere we operate, the company said. Apple's CEO Tim Cook is estimated to have a net worth of $1 billion. "Revenue of Apple by Geographical Region from The First Quarter of 2012 to 4th Quarter 2022 (in Billion U.S. On Chinese iPhones, Apple forbids apps about the Dalai Lama while hosting those from the Chinese paramilitary group accused of detaining and abusing Uyghurs, an ethnic minority group in China. The reality is that, globally, Apple is fighting on multiple fronts to stay at the top. In 2022, 900 million iOS users subscribed to one or more apps on the platform, an increase of 20% on the previous year. To keep its ground, it has implemented or considered many strategies: However, to pass the trillion-dollar mark, Apple will have to come up with more than just strategies. Apple shipped over 228 million iPhones in 2021. Tim Cook, Apples chief executive, has said the data is safe. In China, Apple has ceded legal ownership of its customers data to Guizhou-Cloud Big Data, or GCBD, a company owned by the government of Guizhou Province, whose capital is Guiyang. From the region, it generated around 23% of its revenue in fiscal 2019. It also blocked tools for organizing pro-democracy protests and skirting internet restrictions, as well as apps about the Dalai Lama. 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. Despite where it's headed, it maintains its position at the top. Cupertino, California Apple announced that starting today, even more customers around the world can enjoy many of Apples most popular Services. The Europe segment consists of European countries, as w Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. Congressional Research Service. Apple's net worth at the end of the fiscal year 2020 was $65.34 billion. Its market capitalization, however, is $2.08 trillion as of March 15, 2021. The accelerated commitment will fund a new North Carolina campus and job-creating investments in innovative fields like silicon engineering and 5G technology. Jobs believed this required a transformation in the relationship with the customer who should be afforded more control over the presentation of the products. When up and running, Apples investments are expected to generate over $1.5 billion in economic benefits annually for North Carolina. In fact, only seven countries in the world have a higher GDP than Apple's market cap. While Apple regularly responded to court orders for access to customer data, Mr. Cook had rebuffed the F.B.I. A new patent suggests that it could be Fitbit that beats Apple to a cutting-edge health feature. In 2022, it generated $394.3 billion in revenue. Apples iCloud service allows customers to store some of their most sensitive data things like personal contacts, photos and emails in the companys data centers. 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). So Apple created new devices to store the keys in China. 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. The Combined Net Worth of the World's 18 Richest People. Apple continues to break records with its performance, shattering the market cap ceiling in 2018 at $1 trillion and again in 2020, doubling to $2 trillion. 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. under the Creative Commons License CC BY-ND 3.0, may be used 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. With the keys in China, the government has two avenues to the data, security experts said: demand it or take it without asking. Twenty years later, Apple now has 510 stores across 25 countries and territories. Mr. Cook approved the decision, according to two people with knowledge of the matter who spoke on the condition of anonymity. Note: Apples financial year ends in September. Apple was the leading smartwatch vendo r, claiming 52.5% of the global smartwatch market share as of 2021. Apple said that since 2017, it had taken down 70 news apps in response to Chinese government demands. Get full access to all features within our Business Solutions. Apple Card is available only in the U.S. Apple Card is issued by Goldman Sachs Bank USA, Salt Lake City Branch. 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. Apple failed in this segment, too, unlike peers Google and Microsoft. Apple commits $430 billion in US investments over five years. Amazon reported a 2020 net worth of $43.55 billion, trailing behind Apple's $65 billion. The Statista "Chart of the Day", made available AirPods were next, which paved the way for wireless headphones to become mainstream. And I do feel great about the growth rate.. Yet a Times analysis of Chinese app data suggests those disclosures represent a fraction of the apps that Apple has blocked in China. 2023 Working in the interest of the nations future, Apple is supporting education in coding, technology, science, the arts, and math. Chart. This produced one of the lowest operating margins among the segments at 33.2%. 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.. But at the data center in Guiyang, which Apple hoped would be completed by next month, and another in the Inner Mongolia region, Apple has largely ceded control to the Chinese government. The per person consumption of apple juice and cider decreased to 12.6 pounds. People waiting in line last year for the opening of a new Apple Store in Beijing. Apple employs a strong workforce of 22,000 in the European region. Apple said that most of the apps it removed for the Chinese government were related to gambling or pornography or were operating without a government license, such as loan services and livestreaming apps. On Aug. 2, he approved it. Opinions expressed by Forbes Contributors are their own. To use individual functions (e.g., mark statistics as favourites, set However, it has yet to reach Apple's $2 trillion market cap milestone. High-end smartphonescosting from $300makeup only 6% of the market, or just 6 million units.. 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. Apples five software platforms iOS, iPadOS, macOS, watchOS, and tvOS provide seamless experiences across all Apple devices and empower people with breakthrough services including the App Store, Apple Music, Apple Pay, and iCloud. He said Apples policy was matter-of-fact: If the lawyers believed a topic was off-limits in China, then Apple would remove it there. 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. Then you can access your favorite statistics via the star in the header. Only then can a strategy be outlined to penetrate the mainstream market. The total market capitalization of all shares traded on the top U.S. stock exchanges was $45.57 trillion as of March 15, 2021. Apple represents 4.56% of that total. This is approximately 13 times greater than Apple's market cap. Access to this and all other statistics on 80,000 topics from, Show sources information By signing up you agree to our privacy policy. Use Ask Statista Research Service. 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. In a presentation to some engineers last year, according to slides viewed by The Times, managers made clear that the stakes were high. And competitors such as Samsung and OnePlus are threatening Apple in the premium smartphone category. How many countries is Apple Music available in? Apple's own filings suggest the next MacBook Air is coming sooner than you may think. In comparison to iPhone, iPad and Mac, Apples services revenue has increased year-on-year. Apple has also surpassed its 2018 hiring commitments in Miami, New York, Pittsburgh, and Portland, Oregon. All values afterwards are estimatesSources: Apple, Canalys, IDC, Strategy Analytics. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The concept's success can be seen by the fact that competitors such as Samsung, Xiaomi and Huawei are pursuing a similar strategy and opening their own physical stores. Apple is one of the most influential and recognisable brands in the world, responsible for the rise of the smartphone with the iPhone. Other companies faced a similar dilemma in China, but Apple was uniquely exposed because of its high profile and acute dependence on the country. In May 2016, Fortune, citing Morgan Stanley, reported, With per capita income of $1,570 as of 2014 and the average smartphone selling for less than $90, a third of the global average, Indias market growth is predominantly led by cheaper phones. Apples $430 billion in contributions to the US economy include direct spend with American suppliers, data center investments, capital expenditures in the US, and other domestic spend including dozens of Apple TV+ productions across 20 states, creating thousands of jobs and supporting the creative industry. In the 2021/2022 crop year, China was the leading producer of apples worldwide. The country upon which Apple relies for its major hardware production is in a trade conflict with its home country. Important people put their reputations on the line. Gross domestic product is the monetary value of all finished goods and services made within a country during a specific period. Your IP: A resulting report said the app was published because the China hide process was not followed, according to court documents. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, eHealth - Gesundheits-Konsumenten-Apps im Apple Store nach Zielgruppe 2013, eHealth - Gesundheits-Konsumenten-Apps im Apple Store nach Therapiegebiet, eHealth - Anzahl der Gesundheits-Konsumenten-Apps im Apple Store nach Funktionalitt, eHealth - Gesundheits-Konsumenten-Apps im Apple Store entlang des Behandlungspfads, eHealth - Anzahl der Gesundheits-Apps im Apple Store nach Nutzer 2013, eHealth - Gesundheits-Konsumenten-Apps im Bereich psychische Gesundheit 2013. It has created more than 2 million jobs to date and intends to add 20,000 more over the next five years. Mr. Guos media outlets have a history of peddling misinformation. Apple hired Doug Guthrie in 2014 to help the company navigate China. 28 May 2014 - Apple announces the purchase of Beats for around US$ 3 Billion. The service can back up everything stored on an iPhone or Mac computer, and can reveal the current location of a users Apple devices. Its net worth as of 2020 was an impressive $65 billion. The development gave Chinese smartphone maker Huawei the chance to make its move. In 2018, the Americas had an operating profit of $26.2 billion, contributing 42% to Apple's total profit. The Chinese government regularly demands data from Chinese companies, often for law-enforcement investigations. At the time, the country was starting to pass laws that gave the government greater leverage over Apple. They were just furious.. Apple abandoned the encryption technology it used elsewhere after China would not allow it. Investopedia does not include all offers available in the marketplace. Forbes. In May 2018, CNBC reported Morgan Stanley analyst Kate Huberty estimated that if Apple passes the 25% tariff costs on iPhones to customers, the price of the iPhone XS could increase by $160. Note: Apple has not updated figures since 2020. Apple said it fired Mr. Pham because of poor performance. The UK comes third for Apple Stores with 38. The managers responded that the app criticized the Chinese government, Mr. Pham said in court documents, and that this was enough for rejection. Please note that the code must be integrated into the HTML code (not only the text) for WordPress pages and other CMS sites. "Federal Debt: Total Public Debt.". Under the direction of Deirdre O'Brien, Apple Stores are staffed by more than 70,000 team members and 3,000 Creative Pros. The rumor is that there could be a new iPhone 14 early next week. 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? 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.