Apple’s iPhone sales accounted for 57.8 percent of the company’s overall revenue in the first quarter of fiscal year 2022, the largest share of all Apple products. Over the years, services as well as wearables, home and accessories have made a growing contribution to Apple’s net sales.
Apple’s revenue growth amid the pandemic
In the first quarter of financial year 2022, Apple’s global revenue reached 123.95 billion U.S. dollars.This demonstrates Apple’s resilience in a time of challenge, as the coronavirus (COVID-19) pandemic caused economic recessions all over the world. The Americas are Apple’s largest regional market and contributed to more than 41 percent of the firm’s sales in that quarter.
Who are Apple’s competitors?
Having a broad family of products, Apple competes with different companies in different markets. Samsung and Huawei are Apple’s largest adversaries in the global smartphone market, where the company had a share of 15.2 percent in third quarter of 2021, trailing the other two. Similarly, Apple has a solid position in the PC market without a leading advantage. The situation is reversed in the tablet market and the smartwatch market, where Apple has remained the leader since the early days, staying ahead of Samsung, Huawei, Amazon, etc.
Share of Apple's revenue by product category from the 1st quarter of 2012 to the 1st quarter of 2022
The quarterly periods for Apple's fiscal year include the following: early October to late December of the previous year (first quarter), early January to late March of the stated year (second quarter), early April to late June of the stated year (3rd quarter) and early July to late September of the stated year (4th quarter).
* Includes deferrals and amortization of related non-software services and software upgrade rights.
** Includes revenue from the iTunes Store, the App Store, the Mac App Store, the iBooks Store, AppleCare, Apple Pay, licensing and other services.
*** Includes deferrals and amortization of related non-software services and software upgrade rights. Includes sales of iPod, Apple TV, Beats Electronics and Apple-branded and third-party accessories.
Data calculated by Statista based on product sales figures and overall sales figures.
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Apple, & Statista. (January 27, 2022). Share of Apple's revenue by product category from the 1st quarter of 2012 to the 1st quarter of 2022 [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/382260/segments-share-revenue-of-apple/
Apple, und Statista. "Share of Apple's revenue by product category from the 1st quarter of 2012 to the 1st quarter of 2022." Chart. January 27, 2022. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/382260/segments-share-revenue-of-apple/
Apple, Statista. (2022). Share of Apple's revenue by product category from the 1st quarter of 2012 to the 1st quarter of 2022. Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/382260/segments-share-revenue-of-apple/
Apple, and Statista. "Share of Apple's Revenue by Product Category from The 1st Quarter of 2012 to The 1st Quarter of 2022." Statista, Statista Inc., 27 Jan 2022, https://www.statista.com/statistics/382260/segments-share-revenue-of-apple/
Apple & Statista, Share of Apple's revenue by product category from the 1st quarter of 2012 to the 1st quarter of 2022 Statista, https://www.statista.com/statistics/382260/segments-share-revenue-of-apple/ (last visited May 23, 2022)