Global net income of Apple 2005-2023, by quarter

In the third quarter of fiscal year 2023, Apple reported a net income of around 20 billion U.S. dollars. Apple’s net income figures have grown massively in the past decade, with the yearly total rising from just over six billion dollars in 2008 to around 102 billion in 2022.

Apple Inc.

Apple holds the title of world’s most valuable brand and is the first public company to reach the one trillion U.S. dollars milestone in market capitalization. Since its famous beginning in a garage in California, the company has grown into a tech industry giant, bringing in hundreds of billions of dollars in revenue each year and revolutionizing the tech industry time and time again with its various consumer electronic devices.

Product line

Some of the company’s famous products include the iPhone, MacBook, iPod and the relative newcomer Apple Watch. In addition to consumer electronics, the company develops a variety of software packages and apps, as well as its own series of operating systems which support its devices. More recently, Apple has increased the scope of its offerings even further to provide consumers with cloud storage and a mobile payment platform.