Apple sales revenue by country/region 2023 | Statista (2024)

FAQs

Which country generates most revenue for Apple? ›

Apple revenue by region

Apple has always been most successful in the United States, its home country. Americas is responsible for 43% of all revenue generation and approximately 40% of that is from the United States alone.

The Americas region accounted for the largest share of Apple's revenue in terms of geographical distribution. As of the second quarter of fiscal year 2023, the Americas held around 40 percent of the revenue, whereas Europe came in second with roughly 25 percent.

Apple revenue for the twelve months ending March 31, 2023 was $385.095B, a 0.24% decline year-over-year. Apple annual revenue for 2022 was $394.328B, a 7.79% increase from 2021.

China produces the world's largest number of apples, followed by the United States, Poland, Italy and France. Famous for their health benefits, apples are grown in almost every country.

With standardised global branding, Apple treats the whole world as one market and provides the same kind of products and services to everyone. This strategy allows them to get the most out of their technology and can meet the varying needs of people in different countries.

American MNC Apple is richer than many countries across the world.

Apple is world-famous for its innovation in high-tech companies. In general, Apple's international journey began with the computer revolution it created. Apple revolutionized the personal computer in the 1970s with the Apple II, and the introduction of the Macintosh in the 1980s revolutionized the personal computer.

Smartphone Penetration Rates 2021

Many would guess the country with the highest phone ownership rates to be the United States, as it is the home of the iPhone, arguably the most recognizable phone brand in the world, as well as other disruptive phone technologies.

Which country uses iPhone the most? ›

When it comes to iPhone usage, the United States is the clear leader, but other countries are not far behind. Japan, China, and the United Kingdom all have significant percentages of the global market share, and all have their own advantages and disadvantages when it comes to using an iPhone.

Apple will pick a date between September-October, 2023 to launch the iPhone 15 lineup. But with its arrival, some iPhones, including the iPhone 12, may get discontinued. The iPhone 14 might be the latest Apple smartphone in the market, but the iPhone 15 is definitely the talk of the town.

Greater China's volatility affects Apple's earnings. The region represents one-fifth of total revenues and accounted for one-third of the growth in fiscal 2021.

More than 95% of iPhones, AirPods, Macs and iPads are made in China.

The newly launched Apple stores in Mumbai and Delhi are each earning 22-25 crore a month via the sales. This basically means that Apple is making a total of 44-50 crores per month, which is huge.

Apple is forecasted to grow earnings and revenue by 6.3% and 6% per annum respectively. EPS is expected to grow by 8.5%. Return on equity is forecast to be 136.8% in 3 years.

State Facts:

Washington produces more than 90% of the nation's organic apple crop. The Washington and Oregon apple industries employ 68,400 people.

What are the top 3 apple-producing states? ›

Other significant apple-producing states include New York, Michigan, Pennsylvania, and California. These states, along with Washington, account for the majority of apple production in the United States.

The company's signature device has failed to gain a strong foothold in countries like China and India, as well as other markets in Asia, where most of the growth in smartphone sales is coming from.

According to data from S&P Global, Apple is now the most profitable tech entity operating in China. In the financial year to September, Apple's operating profits in Greater China shot up 104 percent over 24 months, to $31.2 billion (224 billion RMB).

Now worth a cool $2.2 trillion, compared to the wealth of countries' worldwide — it would be the 8th richest country in the world. Hitting this milestone means Apple is currently wealthier than Italy, Brazil and Canada in terms of GDP and ultimately would be richer than 96% of countries on Earth.

If you are considering Apple One, make sure to read our guide on how to sign up. Update: The Apple One premier tier is now available in Austria, Brazil, Colombia, France, Germany, Indonesia, Ireland, Italy, Malaysia, Mexico, New Zealand, Portugal, Russia, Saudi Arabia, Spain, Switzerland, and the United Arab Emirates.

The top producers are Chihuahua, Puebla, Durango and Coahuila, but Chihuahua is far in the lead, producing anywhere from 70% to over 90% of Mexico's apples (depending on which source you believe). Chihuahua also leads in the production of table-ready fruit, which commands a higher price.

Biggest companies in the world by market value 2023. With a market capitalization of 2.75 trillion U.S. dollars as of May 2023, Apple was the world's largest company that year.

The reason behind that—and behind Apple's success—is that its devices are beautiful to look at and a pleasure to use. That's why the company has such a powerful brand and lofty stock valuation. The marketing helps, and the media and fan frenzy never hurt.

The reason for Apple's success in Japan

The iPhones also met the desires of the Japanese for simplicity, convenience, attention to detail, and ease of use. Local and international players were dwarfed by the company, particularly their sluggishness in adapting to the isolated market.

The main reason is price. Most phones sold in India are priced below even the least-expensive new Apple iPhone. Industry analyst IDC estimated in February that the average selling price of a smartphone in India is $224, which had increased 18% in 2022.

Which countries produce Apple most? ›

China was the largest producer of apples in the world in 2021 followed by Turkey and the United States. China was the largest producer of apples in the world in 2021 followed by Turkey and the United States. China produced more than 101 billion pounds of apples in 2021.

The top ranked country, China, accounted for 44.9 % of apple consumption in the world. The top 3 countries hold a 57.3 % share while the ten largest countries some 74.1 % in 2020.

Greater China's volatility affects Apple's earnings. The region represents one-fifth of total revenues and accounted for one-third of the growth in fiscal 2021.

Washington produces the most apples

In 2021, this state accounted for about 69% of total U.S. apple production. New York places second in apple production, with about 14% of apples coming from this state.

Millions of people across more than 50 countries make our products possible.

Now worth a cool $2.2 trillion, compared to the wealth of countries' worldwide — it would be the 8th richest country in the world. Hitting this milestone means Apple is currently wealthier than Italy, Brazil and Canada in terms of GDP and ultimately would be richer than 96% of countries on Earth.

The prefecture produces 50 million tons of apples annually, which accounts for more than half of Japan's annual apple harvest. But Aomori isn't just the national leader in apple quantity, but their quality is also the best in the world. It's often said that Aomori-made apples are the most delicious in the world.

As the U.S. government struggles to reach an agreement on the debt-ceiling, the U.S. Treasury's balance has fallen behind Apple Inc. The balance fell to $74 billion behind Apple's $76 billion. Apple is the second largest company in the world by market value, at nearly $362 billion.

The Americas are Apple's largest regional market, bringing in net sales of 37.78 billion U.S. dollars in the second quarter of the company's 2023 fiscal year. Europe and Greater China are two other major markets for Apple.

How many people in the US have iPhones? According to recent statistics, there were 124.7 million iPhone users in the US in 2022. This is 7.2% more than 2021's 116.3 million and is one of the biggest annual increases in recent years.

Does Apple pay taxes in China? ›

Apple's tax rate in China also appears to be remarkably low. Passing the buck. We may earn a commission from links on this page. Apple's tax payments around the world have come into the spotlight again this week after the American tech giant was hit with a €13 billion ($14.5 billion) tax penalty by the European Union.

Steve Jobs originally transferred most Apple manufacturing to China because it was the only country in the world with a huge ready-made supply-chain network, and the ability to scale up production almost overnight.