Forbes. AirPods were next, which paved the way for wireless headphones to become mainstream. The past few product launches have been smaller in scope, like the HomePod and AirPod, and Apple fans are clamouring for the next iPhone. 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. 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.. Use This Visualization. 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. But for most of that information, Apple also has the digital keys to unlock that encryption. Please create an employee account to be able to mark statistics as favorites. With todays new commitment, Apple is setting a target of creating 20,000 additional jobs in states across the country over the next five years. Twenty years later, Apple now has 510 stores across 25 countries and territories. The ideal entry-level account for individual users. 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. All Rights Reserved. "Apple becomes first U.S. company to reach a $2 trillion market cap. Apple is one of the biggest job creators in the US. 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. Apple is also making industry-leading investments in new clean energy projects and green technology in the US and around the world. But the iCloud data in China is vulnerable to the Chinese government because Apple made a series of compromises to meet the authorities demands, according to dozens of pages of internal Apple documents on the planned design and security of the Chinese iCloud system, which were reviewed for The Times by an Apple engineer and four independent security researchers. Apple used more suppliers . 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. EPS and Revenue estimates are for the next 12 months. [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. In Cupertino, Calif., Apple engineers have been racing to finish designs for the new Chinese iCloud. While Apple regularly responded to court orders for access to customer data, Mr. Cook had rebuffed the F.B.I. In the 2021/2022 crop year, China was the leading producer of apples worldwide. Next week marks 20 years of the Apple Store. Apple Podcastsis the best place to browse and listen to the worlds largest catalog of podcasts. 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. 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. ", 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. A paid subscription is required for full access. Even though several analysts predicted the new physical stores would fail, the first two locations took in $599,000 on their opening weekend with the new Apple retail model raking in $1 billion in sales by 2004. 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. The App Store, Apple Arcade, Apple Music, Apple Podcasts, and iCloud are now available to more customers around the world. 10 Best Apple Patents US6323846B1 is the most popular patent in the Apple portfolio. 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. Six months later, Apple fired Mr. Pham. Astonishing Apple Statistics Apple sold 1.3 billion devices in 2018. Dollars). 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. Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. The Apple iPad Pro and Apple iPad Air stand atop Apple's tablet lineup. Steve Jobs, the founder and CEO, was one of technologys first rockstars, able to sell hardware as more than a tool for work. non-commercial websites. 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. Your IP: Copyright 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. People may receive compensation for some links to products and services on this website. The company has also helped China spread its view of the world. You need at least a Starter Account to use this feature. 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 earns approximately $15 million per year in salary and bonuses.. They only indicate that Apple has made compromises that make it easier for the government to do so. The Apple data center in Guiyang as seen in a satellite image. Lets understand Apples global presence in detail. 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. store the personal data of its Chinese customers, killing of 14 people in San Bernardino, Calif. improve iCloud services in China mainland and comply with Chinese regulations. under the Creative Commons License CC BY-ND 3.0, may be used The Chinese government must approve any encryption technology that Apple uses in China, according to two current Apple employees. 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. 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. Even with Apples shift in priorities from PC to mobile, Mac has remained a core part of the companys product portfolio. "The World's Real-Time Billionaires List. How many Apple stores are there in 2020? Click to reveal Tim Cook, Apples chief executive, has said the data is safe. 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. People waiting in line last year for the opening of a new Apple Store in Beijing. The trade war has imposed heavy tariffs on Chinese imports, meaning Apple could pay tariffs for importing its own products produced in China. As of May 2021, there are 271 Apple Stores around the U.S. while China (including Hong Kong and Macau) has the second highest total with 50. To make this many devices requires an incredibly complex and far-reaching supply chain. That surprised at least two Apple executives who worked on the initial negotiations and who said the move could jeopardize customers data. Apple also planned to use low-cost hardware originally designed for the Apple TV. In comparison to AirPods, HomePod has seen limited success. 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: Above Avalon, Apple, BMO Capital Markets. In 2018, Apple broke the record to become the first company to record a $1 trillion market capitalization. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. The company has provided battery replacement options for longer device usage. China Tops The Apple Production List . Our standard is 660 pixels, but you can customize how the statistic is displayed to suit your site by setting the width and the display size. For a time, simply typing the word Taiwan could make an iPhone crash, according to Patrick Wardle, a former hacker at the National Security Agency. In those three years, Apple's yearly sales grew from a little over $775,000 to $118 million. A company's net worth is calculated as its assets minus liabilities. It saw a massive increase in sales in 2021, and modest growth in 2022. iPhone sales in 2021 surpassed the 2015 peak, but declined in 2022 to 232.2 million units. 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 Americas segment includes North and South America. Wow - Apple's $246B cash hoard is more than the GDP of Finland ($239B), Chile ($234B), Bangladesh ($226B) and 145 other countries. "He also shut down 10 of the 19 Apple warehouses to limit overstocking." The nations with GDP figures immediately below $2.08 trillion are Italy, Brazil, and Canada., Moreover, the World Bank compiles GDP data for 263 countries, regions, or collections of countries with similar characteristics. Seeking to improve the retail presentation of Macintosh computers, Jobs and then Senior Vice President for Worldwide Operations Tim Cook laid out plans for a fundamental change in Apple's retail program. For a full list of Apple Media Services availability around the world, please visit. 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. Note: Apple has not updated figures since 2020. AirPods have become a significant business for Apple, with over 80 million sales in 2022. The US-banned company launched budget smartphones locally and won 42% of Chinas smartphone market in Q3 2019, according to Canalys data. Two weeks later, the board said Mr. Guo belonged on Apples China blacklist. Apple generates more than half of its revenue from products. Six months later, Mr. Guo submitted his app again, with changes to elude Apples software. The development gave Chinese smartphone maker Huawei the chance to make its move. Feel free to contact us anytime using our contact form or visit our FAQ page. India is still uncharted territory for Apple. 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 Services now available in more countries around the world. During that time period, China's apple production amounted to almost 46 million metric tons. 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.. But those R&D centers complicated Apples image as a California company. In addition to US developers, European developers also contribute App Store content. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The documents showed that Apples deadline to start storing data in the new Chinese data centers was June 2021. 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. My own view very strongly is: You show up and you participate. In November 2016, China approved a law requiring that all personal information and important data that is collected in China be kept in China. At a market cap of more than $2.1 trillion, Apple's market capitalization is larger than 96% of country GDPs, a list that includes Italy, Brazil, Canada, and Russia.. You can only download this statistic as a Premium user. Since it launched in 2015, Apple Watch has led the smartwatch market with over 50% market share. 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. The country upon which Apple relies for its major hardware production is in a trade conflict with its home country. However, Apple is currently going through tough times in its second home. Apple was the leading smartwatch vendo r, claiming 52.5% of the global smartwatch market share as of 2021. 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. Apple also continues to support jobs in the innovative iOS app economy, which facilitated $138 billion of commerce in 2019 in the US alone. Therefore, all Apple had to do was understand the market before it could start churning out profits. 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. It is unclear what led to the change. Apple has utilized different regions universal selling points in its favor, creating a win-win situation for itself and each region. statistic alerts) please log in with your personal account. iCloud needs influential friends in China.. Opinions expressed by Forbes Contributors are their own. In some countries and regions, Business Chat will become available to . This segment alone generated $53 billion revenue in 2020, making it Apples second largest segment. It was a difficult environment considering the success cheaper Windows-based platforms were enjoying at that time. Apple is known as the global leader in the tech industry, specifically for iPhones. It said that Mr. Pham, the app reviewer, should have sent the app to Apples Chinese language specialists, who had been trained on which topics to block in the Chinese App Store, including Mr. Guo. The remaining 20,000 cut across a wide range of categories. 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. Apple Inc. All rights reserved. In 2018, the Americas had an operating profit of $26.2 billion, contributing 42% to Apple's total profit. But five years later, it ultimately did. October 16, 2014 11:32 AM EDT. 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. Hotly anticipated after the success of the iPhone, the iPad made an immediate mark, adding $19 billion to Apples revenue in the first year. According to the press release, the App . This is approximately 13 times greater than Apple's market cap. "Revenue of Apple by Geographical Region from The First Quarter of 2012 to 4th Quarter 2022 (in Billion U.S. 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. Does Statista also create infographics in a customized design? Please do not hesitate to contact me. 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. All Rights Reserved. Similar steps were taken in places like Saudi Arabia and Russia, he said. U.S. law has long prohibited American companies from turning over data to Chinese law enforcement. Or do you stand on the sideline and yell at how things should be? he said at a conference in China in 2017. Show publisher information 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. By signing up you agree to our privacy policy. In 2022, 900 million iOS users subscribed to one or more apps on the platform, an increase of 20% on the previous year. A businesss expansion into a new market should always be based on the local culture and sentiment. Apple hired Doug Guthrie in 2014 to help the company navigate China.