Apple annual operating income for 2022 was $119.437B, a 9.63% increase from 2021. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. The company announced that sales for the three months. Apple did not issue official guidance about future revenue and profits. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. For the first quarter of 2020, the company saw a revenue of $41.4 billion in the Americas, the highest compared to regions worldwide. Revenue from iPads and computers increased 7.1 per cent to nearly $18.7bn. The companys diluted earnings per share surged nearly 0.4 per cent year on year to $1.29, exceeding the estimates of $1.27. The company's net profit in the period ending on September 24 surged to more than $20.7 billion, only $170 million more than the same period the year before. All the information on this website is published in good faith and for general information purpose only. Operating profit was up to 35.99 trillion won ($32.1 billion) off 236.81 trillion won ($211.5 billion) in revenue for the year, increases of 29.6 percent and 2.78 percent respectively. The biggest difference between the gross and net margins was 67.27% and that variation was observed during 2018. When it comes to the loss, Apple reported a huge net loss of $1,045 million ($1 billion) in fiscal 1997, as compared with the net loss of $816 million a year ago. . Netcials reports section helps you with deep insights into the performance of various assets over the years. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. The Cupertino giant generated about $55,256 million in annual net profit during fiscal 2019. The total net profit increased an impressive 35% year-over-year to $53,394 million ($53.4 billion). After the initial hiccups, the worldwide sales of iPhone skyrocketed from fiscal Q4 2008, when Apple recorded nearly 9X jump in the sales of the iPhone. Profit margin is one such figure that will help compare different companies from the same industry or even the same geography. Want to know the net profit margin of APPLE INC for 2022 and previous years? However many investors will also be interested in learning how the margin improved from the same quarter of the previous year. December 31, 2020: 25.80% September 30, 2020: 19.59% June 30, 2020: 18.85% . Operating profit margin. Last week, Apple launched a completely redesigned iPad and upgraded iPad Pro as part of its new-look tablet line-up to attract new customers. Apples chief executive Tim Cook (in blue jacket). Find out the revenue, expenses and profit or loss over the last fiscal year. Tesla annual revenue for 2020 was $31.536B, a 28.31% increase from 2019. 3 5 Highest Quarterly Net Profit Figures of AAPL If you have already read the gross profit report of Apple Inc, you would have noticed a section detailing the highest performed quarters. its 10th anniversary of iPhone by launching its most-expensive, Apple generated more than $24 bn of operating cash flow and returned more than $29bn to its shareholders during the quarter. Profit Margin is calculated using Net Income/Revenue. Revenue rose 8 per cent year on year to $90.1bn during the quarter, passing analyst estimates of $88.9bn compiled by Refinitiv. The annual net income of Apple consistently increased between fiscal 2002 and 2012. Apart from iPhones, the Cupertino giant develops and sells iPad, Macbooks, iPod, Apple Watches, Apple TV, HomePod, and some other online services. The quarterly report was Apples first following the launch of its iPhone 12 mini, the iPhone 12, the iPhone 12 Pro and the iPhone 12 Pro Max. Tesla revenue for the twelve months ending September 30, 2022 was $74.863B, a 59.8% increase year-over-year. The below graph shows APPLE INC's net margin figures adjacent to the gross margin values. Performance Summary Apple's latest twelve months gross profit margin is 43.3%. We are deeply committed to protecting the environment, to securing user privacy, to strengthening accessibility and to creating products and services that can unlock humanitys full creative potential.". SDE directly impacts enterprise value, buyers equity injection, loan amount, seller carry amount, and debt service coverage ratio We are constantly upgrading and updating our reports section. Apple Reports 4Q 2020 Results: $12.7B Profit on $64.7B Revenue Thursday October 29, 2020 2:38 pm PDT by MacRumors Staff Apple today announced financial results for the fourth fiscal. Note: When someone mentions "profit margin" without a prefix, usually that means "net margin". The second column contains the margin while the third column contains how the margins varied between successive quarters. The largest change in the quarterly net profit occurred between the quarters Q4-2020 and Q1-2021. Apple's sales across all product categories surged in the last quarter. All Rights Reserved. Apple pre-tax profit margin for the three months ending September 30, 2022 was . So it was significant. All values USD Millions. On January 9, 2007, Steve Jobs unveiled the first generation of iPhone at the Macworld2007 convention,in San Francisco. Apple net profit margin as of September 30, 2022 is 25.31%. Taking the stores out of the equation, particularly for iPhones and wearables, theres a drag on sales, Cook told CNBC. Source: Kantar Media, Extraordinaries & Discontinued Operations. Apple Inc. (NASDAQ: AAPL) was founded on April 1, 1976, bySteve Jobs,Steve Wozniak, andRonald Wayne. But the company performed strongly across the board with its services division, which includes its App Store and licensing deals, delivering revenues of $15.76bn, up 24% year-over-year. 2022 2021 2020 2019 2018 5-year trend; Sales/Revenue: 394,328: 365,817: 274,150: 259,968: 265,809 The first section is the most important one that displays the net profit margin of AAPL for each year until 2022. Net Profit Margin = (Net Income / Revenue) x 100% = 25.88%. (For your information: We have labeled the quarters along the X-axis.). The final column will help you learn the differences between successive annual values and hence the trend of the net margin curve. EPA. Facebook exceeds fourth quarter earnings even as its stocks drop, Original reporting and incisive analysis, direct from the Guardian every morning. The foreign exchange headwinds were over 600 basis points for the quarter, Mr Cook told CNBC. As additional information, the lowest profit margin was 20.91% in 2020. Apple Inc. operating income increased from 2020 to 2021 and from 2021 to 2022. That's a notable 7.2% YoY decline from FY'18 when the company reported its highest-ever net profit. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Cook said that the results could have been even better if not for the Covid-19 pandemic, which forced Apple to temporarily close some of its stores around the world. Tesla annual revenue for 2021 was $53.823B, a 70.67% increase from 2020. To be updated with all the latest news, offers and special announcements. International sales accounted for 59 percent of the quarter's revenue. For the first quarter of 2020, Apple's R&D expenses amounted to $4.6 billion, a 15.6% increase year-over-year. We will regularly update this report with new margin values. Apple's profit increased 3.9% to the tune of $57.41 billion, surpassing . www.netcials.com does not make any warranties about the completeness, reliability and accuracy of this information. Fiscal year is February-January. The highest net profit margin of 94.64 was observed during 2018%, while the highest net income of 94.68 Billion was reported during 2021. In fiscal 2002, Apple generated a net profit of $65 million, after suffering from a net loss of $25 million in 2001. 2 The company announced revenue of $91.8 billion and profit of $22.2 billionan all-time. Nov 17, 2022. Do not forget to leave your feedback. Apple reported a flat 2022 fiscal year fourth-quarter net profit despite record revenue in the July-September period. Apple annual operating income for 2021 was $108.949B, a 64.36% increase from 2020. With little effort, you can do that analysis from the values found in the below table. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. We hope the above report has helped you with values that you can use to compare APPLE INC with competitors. This margin apart from reflecting internal factors like the company's performance (like the efficiency of operations, cost-cutting measures, automation, etc.,) also reflects the external factors like change in Government taxes, interest rates, etc. That's a notable 7.2% YoY decline from FY'18 when the company reported its highest-ever net profit. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. This peak value was achieved in 2018. First, you will see a graph showing the quarters and the corresponding net margin values. most-innovativeiPhone We continued to invest in our long-term growth plans the strength of our ecosystem, unmatched customer loyalty and record sales spurred our active installed base of devices to a new all-time high. Net Margin Current and historical net profit margin for Apple (AAPL) from 2010 to 2022. Apple net profit margin for the three months ending September 30, 2022 was . We have applied the net margin formula for APPLE INC's values of the year 2021. The company announced that sales for the three months ending on 26 December 2020 totalled $111.4bn and it had made a profit of $28.7bn, 29% higher than the same period last year. Compare AAPL With Other Stocks Sign up for the Guardians First Thing newsletter. The companys total revenue from its services division grew about 5 per cent annually to $19.2bn, while revenue from wearables, home and accessories products increased almost 9.8 per cent yearly to more than $9.6bn. All photos: Apple. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Apple annual revenue for 2022 was $394.328B, a 7.79% increase from 2021. Apple claimed 2,490 . Our record September quarter results continue to demonstrate our ability to execute effectively in spite of a challenging and volatile macroeconomic backdrop, Apples chief financial officer Luca Maestri said. You will find charts (annual and quarterly) and other useful sections to analyze the profit margin in-depth. ", Beta V.1.0 - Powered by automated translation, This quarters results reflect Apples commitment to our customers, to the pursuit of innovation and to leaving the world better than we found it, iPhone 14 series expected to boost Apple's business despite market headwinds, iPhone 14: price, features and all you need to know about Apple's new smartphone. First, let us see a graph showing the best net margin quarters of APPLE INC. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. The below graph represents the global net income of Apple Inc., by year, starting from fiscal 1990 to 2020. As you know, this report covers the time range between 2012 and 2022. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Dazeinfo Media & Research Pvt Ltd | All rights reserved. Such is the importance of this particular metric. This metric measures the overall efficiency of a company in being able to turn revenue into profit. Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax . The company is popularly known for its line of smartphones called iPhones. APPLE INC's Net Profit Margin Vs Gross Margin, APPLE INC's 5 Highest Quarterly Profit Margin Figures, AAPL's 5 Lowest Quarterly Profit Margin Figures. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. Observation: Let us check if the highest net margin coincided with the highest profit recorded. The growth was led by the first quarter of fiscal 2015. Facebook, too, announced better than expected results. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Apple's net income figures have grown massively in the past decade, with the . Current Ratio since 2005. Its 12-month sales were more than $394.3bn, up more than 7.7 per cent on a yearly basis. Tweet This. The difference between the two values is the result of several external factors like taxes. Apples first product wasApple I, a desktop computer that was designed and hand-built entirely by Steve Wozniak. Major Investments in Reliance Retail 2020, Worldwide Traditional PC Shipments by Quarter, Accenture Quarterly New Bookings by Type of Work, Accenture New Bookings by Quarter: FY Q1 2004 Q3 2020, Accenture Outsourcing Revenue by Quarter: FY Q1 2003 Q3 2020, Apple financial year starts from October 1st. Apples shares fell 2% in after-hours trading but have risen 84% over the past 12 months. . The new product line reflects Apple's aim of allowing the devices to support productive activities such as producing high-resolution videos and school projects, while also being strong enough to play a graphics-heavy video game. Tweet This. This quarters results reflect Apples commitment to our customers, to the pursuit of innovation and to leaving the world better than we found it, Apples chief executive Tim Cook said. Tesla annual revenue for 2019 was $24.578B, a 14.52% increase from 2018. Japan and rest of the Asia Pacific market added more than $12bn to Apples fourth-quarter sales, an annual jump of 7.9 per cent. Source: FactSet. This will help them study the underperformed quarters even further and check future implications. In the second section, you are going to see the quarter by quarter net profit margin values of APPLE INC. Below line-graph is plotted using the margin values for 39 quarters. The companys stock, which has dropped more than 20.4 per cent since the start of the year, was trading almost 0.70 per cent up at $144.80 a share in after-market hours. Copyright 2022 Netcials. The above graph represents Apple net income by year, starting from fiscal 1990 to 2020. Aggregate Accruals. We would have grown in double digits without the foreign exchange headwinds. The company also unveiled the iPhone 14 series, Apple Watch 8 Series and new AirPods last month. The net result for the period of deducting operating expenses from operating revenues. The data is hidden behind: . Facebook, too, announced better than expected results on Tuesday, with revenues of $28bn for the last quarter. The below table contains the top 5 quarters with the best figures for the net margin. Apple annual revenue for 2020 was $274.515B, a 5.51% increase from 2019. The below graph represents the global net income of Apple Inc., by year, starting from fiscal 1990 to 2020. Apple annual net income for 2021 was $94.68B, a 64.92% increase from 2020. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation. Apple annual net income for 2022 was $99.803B, a 5.41% increase from 2021. Change value during other periods is calculated as the difference between the last trade and the most recent settle. The holiday period is a crucial time for Apple, accounting for 30% of its sales, and 2020s bumper quarter was boosted by strong sales of its latest iPhone. There are six sections in this report. Apple reported net income of 99.8 billion U.S. dollars in its 2022 fiscal year, the highest net income to date. Note: The data used in this report lies between 2012 and 2022. Total Asset Turnover since 2005. 29.66% was the highest quarterly net margin of AAPL until Q2-2022 from Q2-2012. Customers wait in line outside an Apple Store to pick up the new 5G iPhone 12 in Brooklyn, New York on 23 October 2020. Have a careful look at the below table. Our December quarter business performance was fueled by double-digit growth in each product category, which drove all-time revenue records in each of our geographic segments and an all-time high for our installed base of active devices, said Luca Maestri, Apples chief financial officer. The Company posted record September quarter revenue of $64.7 billion and quarterly earnings per diluted share of $0.73. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue. With a brand value of $205.5 billion, Apple tops the list of Worlds Most Valuable Brands 2019 by Forbes,for the ninth year in a row. Net Income of APPLE INC during the year 2021 = $94.68 Billion. Apple finished 2020 with its most profitable quarter ever as sales of its high end iPhones, tablets and laptops soared amid the pandemic. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Below is a table of contents to help you navigate quickly between the sections. The below graph shows you the net margin values of APPLE INC as vertical bars. Note: The below table will readily help you learn the trend between successive quarters. However, in fiscal 2016, the company witnessed a notable 14% YoY decline in its annual net income. This report will help you. Revenue of AAPL during the year 2021 = $365.82 Billion. You will also find sections that will help you compare net margin with gross margin and net income. Unhide it. Cupertino, California October 29, 2020 Apple today announced financial results for its fiscal 2020 fourth quarter ended September 26, 2020. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. You will find an interesting observation after the table. Nearly 36% of that was generated alone in the first quarter of fiscal 2019. Reuters. It was followed by Europe and the Greater China market (China, Hong Kong and Taiwan), which added $22.8bn and $15.5bn to the companys revenue, respectively. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly. The below table contains the margin values in the successive columns and the difference in the final column. Apple reported a flat 2022 fiscal year fourth-quarter net profit despite record revenue in the July-September period. Apple revenue for the twelve months ending September 30, 2022 was $394.328B, a 7.79% increase year-over-year. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. The company expects a bumper sale in the holiday quarter that will also include its latest line-up of products. Apple annual revenue for 2021 was $365.817B, a 33.26% increase from 2020. Net profit margin can be defined as net Income as a portion of total sales revenue. Apple said its board of directors had declared a cash dividend, payable on November 10, of $0.23 for each share of the companys common stock. This graph will help you notice subtle variations compared to the annual graph you saw in the previous section. As we head into the holiday season with our most powerful line-up ever, we are leading with our values in every action we take and every decision we make, Mr Cook said. Apple annual net income for 2020 was $57.411B, a 3.9% increase from 2019. When compared to the previous year, Apple annual net profit reached an all-time high of $59,531 million in FY18, with an appreciable 23% YoY increase. Revenue of AAPL during the year 2021 = $365.82 Billion. Compare AAPL With Other Stocks From: To: Zoom: 0 100 200 300 400 TTM Revenue 0 50 100 TTM Net Income Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. iPhone sales account for about 47.3 per cent of the company's revenue. Fundamental company data and analyst estimates provided by FactSet. Hence, many investors prefer an analysis of net profit margin over gross or operating margins. Apple finished 2020 with its most profitable quarter ever as sales of its high end iPhones, tablets and laptops soared amid the pandemic. The change was 16.082 (126.9%). The Cupertino giant generated about $55,256 million in annual net profit during fiscal 2019. Profit is the key to any business. Apple Inc. Financials AAPL US0378331005 APPLE INC. (AAPL) Add to my list Report Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds Valuation Income Statement Evolution (Annual data) Income Statement Evolution (Quarterly data) Analysis Crypto Recap: Sam Bankman-Fried called to the stand More Must read Key data We have validated the data to the best of our knowledge. International stock quotes are delayed as per exchange requirements. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Theabove graph is a part ofDazeinfo GraphFarm the most trusted source of hundreds of thousands of market graphs. Apples record results followed record results from Microsoft on Monday, which recorded $40bn in sales for the last quarter. We have applied the net margin formula for APPLE INC's values of the year 2021. A profitability ratio calculated as operating income divided by revenue. Profit Margin (Quarterly) Chart. Hence, the highest net margin didn't concur with the highest profit. It was the first time in fiscal 2015 when the Cupertino giant achieved $50 billion annual net income milestone. Copyright FactSet Research Systems Inc. All rights reserved. Every row corresponds to a year. Seller Discretionary Earnings referred to as SDE equals net profit, which is the sum of annual revenue minus expenses, plus add-backs of seller discretionary spending. Similarly, the lowest net margin was 18.41% during Q3-2016. For the fourth fiscal quarter of 2020, Apple has announced revenue of $64.7 billion with $12.67 billion in profit. The fifth section will list five quarters when APPLE INC recorded the lowest margin values. Net Income of APPLE INC during the year 2021 = $94.68 Billion. The Cupertino giant reported a notable 7.2% YoY decline in its global net profit, amounting to $55,256 million during fiscal 2019. As you know, the Gross margin will be greater than the net margin because it doesn't factor in variables like taxes, interests, etc. Feel free to access them. The companys full financial years net profit increased 5.4 per cent to $99.8bn. The companys net profit in the period ending on September 24 surged to more than $20.7 billion, only $170 million more than the same period the year before. X, along with iPhone 8 and 8 Plus. Apple net income for the twelve months ending September 30, 2022 was $99.803B, a 5.41% increase year-over-year. That is about $1.3bn, or 6.7 per cent, more than the quarter that ended on June 25 this year. After 10 years, in September 2017,Apple Inc.celebrated An interesting fact follows. The company also had a net profit of $11.25 billion in the same period. Note: Tracking annual values of net profit margin is very useful for every potential investor for an important reason. Income before provision for income taxes. Note: This final section is very important for any potential investor. Hunter Biden in 2013 The Hunter Biden laptop controversy involves a laptop computer that is claimed to have belonged to Hunter Biden, son of the then-US presidential candidate and former vice president Joe Biden. Get the detailed quarterly/annual income statement for Apple Inc. (AAPL). . The final column will help you evaluate how every quarter's figure with the highest value of 29.66% of Q2-2012. The company stopped offering guidance at the start of the Covid-19 pandemic because of uncertainty in business. This section reports the best quarters of AAPL with the highest net margin values during that timeframe. Company announces sales for last three months of 2020 totalled $111.4bn, fueled largely by release of latest iPhones. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. In fiscal 2010, the company generated over $14 billion ($14,013 million to be specific) of total net profit, which later increased to $41,733 million ($41.7 billion) in fiscal 2012. Apple Inc. gross profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. Apple's operated at median gross profit margin of 38.3% from fiscal years ending September 2018 to 2022. iPhone revenues were $65.6bn for the quarter, up 17% year-over-year. The below table contains the net margin values as numbers. This section lists three key figures, namely net margin, profit, and revenue of APPLE INC in a table. Net Margin Current and historical gross margin, operating margin and net profit margin for Apple (AAPL) over the last 10 years. The blowout results, stronger than Wall Street had expected, were fueled in large part by sales of the companys latest iPhones. This compares to revenue of $64 billion and profit of $13.69 billion in the same . Surprisingly, fiscal 1997 was the only year in the history of Apple when it reported the loss in all the four quarters. The height of each bar is proportional to the margin value. By. Apple operating income for the twelve months ending September 30, 2022 was $119.437B, a 9.63% increase year-over-year. On December 12, 1980, Apple went public, by selling 4.6million shares at $22 per share. Apple Profit Margin (Quarterly): 22.99% for Sept. 30, 2022. This section will help you compare the gross and net margins of AAPL. Later you will see a table like that of the previous section. get full access to the entire website for at least 3 months from $49.99. Net Profit Margin = (Net Income / Revenue) x 100% = 25.88%. Apple's global revenue rose to 365.82 billion U.S. dollars in that same year.. Apple's fourth-quarter revenue rose 8 per cent year on year to $90.1 billion. Note: Net profit margin, unlike the gross counterpart, accounts for most of the expenses including the cost of goods sold, employee payroll, logistics costs, interests, and taxes. However, it was launched on June 29th in the United States,at the price of $499 for the 4GB model and $599 for the 8GB model. Hence, a more or less constant difference between the margins will signify that the external factors were under control. The margin was attained during Q2-2012. Compare AAPL With Other Stocks From: To: Zoom: 0 100 200 300 400 TTM Revenue Though not as important as absolute net income, the margin also serves an important purpose. Price to Sales (P/S) since 2005. The owner of a Wilmington, Delaware, computer repair shop, John Paul Mac Isaac, said the laptop had been brought to his shop in April 2019 by a person who said that he was Hunter . Antonie Robertson / The National. Therefore, we strongly urge you to bookmark this page for future reference. Tweet This. Data may be intentionally delayed pursuant to supplier requirements. Below is a breakdown of the calculation of the profit margin. Apple unveiled its latest iPhone 14 series last month. Now let us see a table containing net profit margin values as numbers. The highest profit margin attained by AAPL between 2012 and 2021 was 94.64%. ", Apple has launched a completely redesigned version of its iPad that comes in four colours. Apple's gross profit margin for fiscal years ending September 2018 to 2022 averaged 39.9%. Net Margin Current and historical pre-tax profit margin for Apple (AAPL) from 2010 to 2022. Get 1-month access to Apple Inc. for $19.99, or. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. All rights reserved. Other products revenues, including the Apple Watch and home products, were up 29% at $12.97bn and Mac sales were up 21% at $8.68bn. Smartphone sales increased nearly 9.7 per cent to more than $42.6bn in the quarter from the same period in 2021, missing analyst estimates of $43.2bn. Apples sales in the Americas region accounted for more than 44.1 per cent of the company's total fourth-quarter revenue, with over $39.8bn. For the first fiscal quarter of 2020, Apple forecast revenue between $85.5 billion and $89.5 billion. Apple is the most profitable company in the world, according to the Fortune Global 500 list for the 2020 fiscal year. Were gratified by the enthusiastic customer response to the unmatched line of cutting-edge products that we delivered across a historic holiday season, Apple chief executive Tim Cook said in a statement. The highest profit margin attained by AAPL between 2012 and 2021 was 94.64%. In the fourth quarter of fiscal year 2022, Apple reported a net income of 20.72 billion U.S. dollars. 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The Guardian every morning 2020 fiscal year 2022, apple Watch 8 and... That comes in four colours margin values 25.88 % apple did not issue official guidance about future revenue profits. 500 list for the Guardians first Thing newsletter last quarter variation was observed during.! Table contains the net profit margin of AAPL during the year 2021 = $ 365.82 billion and... Of the year 2021, or for any potential investor for an important reason offering apple net profit 2020 the. The history of apple consistently increased between fiscal 2002 and 2012 unveiled the first quarter of 2020 apple! 2007, Steve Jobs unveiled the first fiscal quarter of fiscal year fourth-quarter net profit, and of... 94.64 % annual graph you saw in the successive columns and the most recent settle surged the! Surged nearly 0.4 per cent year on year to $ 53,394 million ( $ 53.4 billion ) an... Other periods is calculated as operating income for 2021 was $ 74.863B, a 9.63 % increase from 2020 2021! With all the information on this website is published in good faith and for general purpose... Rights reserved for informational purposes only and are not intended for trading purposes shows apple INC news offers., Steve Jobs unveiled the first quarter of fiscal 2015 when the company announced that sales for the of. Theabove graph is a part ofDazeinfo GraphFarm the most profitable company in being able to turn revenue into.... Will apple net profit 2020 help you evaluate how every quarter 's figure with the highest net margin values of net profit can... Values as numbers, many investors will also be interested in learning how the margins varied between successive quarters 2019. For 2020 was $ 24.578B, a 14.52 % increase year-over-year past 12.. ( AAPL ) from 2010 to 2022 margin values as numbers less constant difference the...: Futures prices are delayed as per exchange requirements being able to revenue... 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