revenue from Russia was estimated at nearly one percent of the company's total revenue. The company was the second highest earning subsidiary of a foreign IT company in Russia in 2019. Apple exited the Russian market in response to the invasion of Ukraine in 2022.
The revenue of Apple Rus LLC, the Russian subsidiary of Apple Inc., reached 386 billion Russian rubles in 2021, up 45 percent from the previous year. The 2021 revenue was the highest over the observed period. In 2020, the Revenue of Apple Rus LLC in Russia from 2013 to 2021 (in billion Russian rubles)
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SBIS. (May 6, 2022). Revenue of Apple Rus LLC in Russia from 2013 to 2021 (in billion Russian rubles) [Graph]. In Statista. Retrieved November 30, 2023, from https://www.statista.com/statistics/1209664/apple-rus-revenue/
SBIS. "Revenue of Apple Rus LLC in Russia from 2013 to 2021 (in billion Russian rubles)." Chart. May 6, 2022. Statista. Accessed November 30, 2023. https://www.statista.com/statistics/1209664/apple-rus-revenue/
SBIS. (2022). Revenue of Apple Rus LLC in Russia from 2013 to 2021 (in billion Russian rubles). Statista. Statista Inc.. Accessed: November 30, 2023. https://www.statista.com/statistics/1209664/apple-rus-revenue/
SBIS. "Revenue of Apple Rus Llc in Russia from 2013 to 2021 (in Billion Russian Rubles)." Statista, Statista Inc., 6 May 2022, https://www.statista.com/statistics/1209664/apple-rus-revenue/
SBIS, Revenue of Apple Rus LLC in Russia from 2013 to 2021 (in billion Russian rubles) Statista, https://www.statista.com/statistics/1209664/apple-rus-revenue/ (last visited November 30, 2023)
Revenue of Apple Rus LLC in Russia from 2013 to 2021 (in billion Russian rubles) [Graph], SBIS, May 6, 2022. [Online]. Available: https://www.statista.com/statistics/1209664/apple-rus-revenue/