Apple’s total net sales amounted to 365.82 billion U.S. dollars in their 2021 financial year, a slight increase from the historical record of 74.52 billion U.S. dollars in financial year 2020. Apple’s annual revenue quadrupled in the last ten years.
Apple’s dramatic growth
Constant waves of innovative products underly Apple’s drastic growth over the years: the Mac computer, iPhone, iPad, and Apple Watch are all revolutionary products that started their own dynasties and enjoy immense commercial success. Apple’s stock tells an even more impressive story: over the last decade, Apple’s share price has grown more than tenfold and prompted it to become the first trillion-dollar company in terms of market capitalization. As of June 2020, Apple remains the tech company with the largest market cap.
Apple store: a unique invention
Huge glass panes, minimalistic design – these are the signature characteristics Apple stores are known for. Opened in the early 2000s, the Apple store contributes yet again to Apple’s success story: it was the fastest retailer worldwide to surpass the one-billion-U.S. dollar annual sales trademark and showcases Apple’s diverse products in hundreds of locations around the globe now. Apple’s home market the United States has the highest concentration of these stores – there are 53 Apple stores in California alone when looking at the number of Apple stores by state .
Global revenue of Apple from 2004 to 2021
(in billion U.S. dollars)
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Apple. (October 29, 2021). Global revenue of Apple from 2004 to 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 17, 2022, from https://www.statista.com/statistics/265125/total-net-sales-of-apple-since-2004/
Apple. "Global revenue of Apple from 2004 to 2021 (in billion U.S. dollars)." Chart. October 29, 2021. Statista. Accessed May 17, 2022. https://www.statista.com/statistics/265125/total-net-sales-of-apple-since-2004/
Apple. (2021). Global revenue of Apple from 2004 to 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 17, 2022. https://www.statista.com/statistics/265125/total-net-sales-of-apple-since-2004/
Apple. "Global Revenue of Apple from 2004 to 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 29 Oct 2021, https://www.statista.com/statistics/265125/total-net-sales-of-apple-since-2004/
Apple, Global revenue of Apple from 2004 to 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/265125/total-net-sales-of-apple-since-2004/ (last visited May 17, 2022)