The biggest revenue comes from your iPhone and additional services. They make up 70% of their total sales.In this Article we will briefly discuss Apple revenue breakdown.
Total Revenue from Apple is estimated to be $365.8 Billion USD with Net income of $94.7 Billion
The greatest percentage of any Apple product, the iPhone accounted for 49.02 percent of the company’s total revenue in the third quarter of fiscal year 2022. Services, wearables, homes, and accessories have all contributed more and more to Apple’s net sales over time.
Growth in Apple’s sales despite the epidemic
Apple’s global revenue during the second quarter of fiscal year 2022 totaled 97.28 billion dollars. This displays Apple’s fortitude in the face of adversity, as the coronavirus (COVID-19) epidemic led to global economic downturns. The Americas, Apple’s largest regional market, accounted for about 41% of the company’s sales during that period.
What companies compete with Apple? ( Apple revenue breakdown )
Due to its wide range of products, Apple faces competition from other businesses in various markets. In the worldwide smartphone industry, where Samsung is Apple’s biggest rival, the business had a share of 18 percent in the fourth quarter of 2021, lagging the other two. Similar to this, Apple holds a strong position in the PC industry without enjoying a competitive edge. The scenario is different in the tablet and wristwatch markets, where Apple has maintained its dominance over Samsung, Huawei, Amazon, and other competitors ever since the market’s inception.
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