Apple has utilized different regions universal selling points in its favor, creating a win-win situation for itself and each region. His latest effort was an iPhone app in China that delivered those claims. Apple brings in $55 billion a year from the region, far more than any other American company makes in China. non-commercial websites. This figure exceeds the GDP of most countries. Lets understand Apples global presence in detail. 2023 Forbes Media LLC. current data from the United States and around the Apple envisioned the tablet as a bridge between the smartphone and laptop, with the capabilities to be both. The new approach saw Apple launch its online shop in 1997 while the first two physical retail stores opened on May 19, 2001 in Tysons, Virginia and Glendale, California. Learn more about how Statista can support your business. The Chinese government must approve any encryption technology that Apple uses in China, according to two current Apple employees. In second place were Asian exporters at 25.3% while another 12.6% of international apple sales originated from North America. In the three years before Chinas cybersecurity law went into effect, Apple never provided the contents of a users iCloud account to the Chinese authorities and challenged 42 Chinese government requests for such data, according to statistics released by the company. S ome 36 additional countries will receive shipments of Apple's iPhone 6 this month, with over 115 countries on track to get the big-screen . Even though Apple has diversified its product line with Watch, AirPods and services, iPhone is still responsible for 52% of its revenue. The total market capitalization of all shares traded on the top U.S. stock exchanges was $45.57 trillion as of March 15, 2021. Apple represents 4.56% of that total. Apple Card is available only in the U.S. Apple Card is issued by Goldman Sachs Bank USA, Salt Lake City Branch. to incorporate the statistic into your presentation at any time. He earns approximately $15 million per year in salary and bonuses.. Sources: Apple, Gartner. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. The per person consumption of apple juice and cider decreased to 12.6 pounds. EPS and Revenue estimates are for the next 12 months. Total Enterprise Value to Total Revenue (ttm). Congressional Research Service. Airships Mobile App Experience Gap Survey Report researched gaps in seven key operational areas. world relating to economic and political issues as well as The second major geography that Apple dominates is Europe. Internal Apple documents reviewed by The New York Times, interviews with 17 current and former Apple employees and four security experts, and new filings made in a court case in the United States last week provide rare insight into the compromises Mr. Cook has made to do business in China. Mr. Cook has been on a charm offensive in China, making frequent, statesmanlike visits and meeting with top leaders. Furthermore, Apple has grown to be an organization of national interest. The company has developed an entire healthcare ecosystem. The Apple iOS Shortcuts App it does what it says on the tin. With Samsung and Huawei offering high-end specifications in budget phones, Apple has lost its appeal to the extensive Indian audience. We agreed to this timeline three years ago, said one slide. The digital keys that can decrypt iCloud data are usually stored on specialized devices, called hardware security modules, that are made by Thales, a French technology company. Instead of laying off full-time permanent employees, Apple has begun letting go of contractors. macOS, iOS, iPadOS, tvOS, watchOS, CarPlay, HomePod, Windows, Android, Chrome OS, Amazon Echo, Sonos, and web More Music & Audio App Data Clubhouse Revenue and Usage Statistics (2023) This new era has made the league a lot more accessible for most fans. Tim Cook might have to consider shifting iPhone assembly to other Asian nations, such as Taiwan or Malaysia. The country upon which Apple relies for its major hardware production is in a trade conflict with its home country. According to Apples 2018 press release, the company contributed nearly $55 billion to the US economy and estimates it will contribute $350 billion more in the next five years. From the region, it generated around 23% of its revenue in fiscal 2019. India is among the worlds fastest-growing economies. Apple does not break out its other categories, making it difficult to determine how much revenue each product is generating. The margin. Apple now assembles nearly all of its products and earns a fifth of its revenue in the China region. In a presentation to some engineers last year, according to slides viewed by The Times, managers made clear that the stakes were high. Apples situation in China is looking dicey. Chinese state employees physically manage the computers. Use This Visualization. Apples are the most consumed fruit in the U.S., followed closely by oranges. Read on as we dissect how these devices compare. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: When Steve Jobs returned to Apple as interim CEO in 1997, the company relied on PC and electronics stores for the bulk of its Macintosh sales. The Chinese are serial iPhone breakers, said Ross J. Anderson, a University of Cambridge cybersecurity researcher who reviewed the documents. ", Forbes. It was a difficult environment considering the success cheaper Windows-based platforms were enjoying at that time. With todays new commitment, Apple is setting a target of creating 20,000 additional jobs in states across the country over the next five years. More than 35,000 of those apps were games, which in China must get approval from regulators. Over that same period, from 2013 through June 2020, Apple said it turned over the contents of iCloud accounts to U.S. authorities in 10,781 separate cases. The Apple iPad Pro and Apple iPad Air stand atop Apple's tablet lineup. Western markets have very few first-time buyers, and the device upgrade cycle of Apples user base has stretched. Apples $430 billion in contributions to the US economy include direct spend with American suppliers, data center investments, capital expenditures in the US, and other domestic spend including dozens of Apple TV+ productions across 20 states, creating thousands of jobs and supporting the creative industry. 10 Best Apple Patents US6323846B1 is the most popular patent in the Apple portfolio. Construction for Apples $1 billion Austin campus is underway, with employees expected to start moving into the space next year. The iPhone maker will have to recognize the Indian populations style of smartphone usage. In early 2018, Guo Wengui, an exiled Chinese billionaire, was spending much of his time in Manhattan trying to broadcast his claims of corruption inside the Communist Party. Apple is on track to meet its 2018 goal of creating 20,000 new jobs in the US by 2023. It launched Apple Watch in 2015, as an accessory to the iPhone which tracks various health and fitness metrics. A bigger chunk of the tech-using population relies on free third-party services. As iPhone revenues have stagnated, Apple has looked for new ways to generate revenue from the iPhone. October 16, 2014 11:32 AM EDT. At this moment of recovery and rebuilding, Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching communities across all 50 states, said Tim Cook, Apples CEO. Market Realist is a registered trademark. As Mr. Guthrie was delivering his warnings, Apple set about keeping the Chinese government happy. The UK comes third for Apple Stores with 38. All Rights Reserved. However, we know Watch, AirPods and Beats are the three key products in this segment. The App Store, Apple Arcade, Apple Music, Apple Podcasts, and iCloud are now available in 20 more countries, and Apple Music is available in 52 additional countries. "Monthly Budget Review: Summary for Fiscal Year 2020. President Xi Jinping of China, lower left, greeting Apples chief executive, Tim Cook, in 2015. How many countries is Apple Music available in? Apple used more suppliers . Apple plans to store the personal data of its Chinese customers there on computer servers run by a state-owned Chinese firm. While both the Trump and Biden administrations have taken a tougher line toward China, Apples courtship of the Chinese government shows a disconnect between politicians in Washington and Americas wealthiest company. Apples more than 100,000 employees are dedicated to making the best products on earth, and to leaving the world better than we found it. The past few product launches have been smaller in scope, like the HomePod and AirPod, and Apple fans are clamouring for the next iPhone. Your IP: We estimate AirPods is a $10 billion business on its own, with Apple Watch also potentially contributing between $14 billion to $18 billion a year. iPad sales peaked in 2013, with the launch of the iPad Mini enticing 97 million customers. The current Apple Store layout certainly looks different to the format in 2001 with elements such as the tree-lined "Genius Grove" added for customer support and "The Forum" introduced for gaming and creative events. Mr. Guthrie delivered his warning to Mr. Cooks top deputies, including Phil Schiller, a longtime marketing chief; Eddy Cue, head of internet software and services; Lisa Jackson, the companys government affairs chief; and Jeff Williams, its operations chief, who is widely viewed as Mr. Cooks right-hand man. Can I integrate infographics into my blog or website? Apple's net worth at the end of the fiscal year 2020 was $65.34 billion. Its market capitalization, however, is $2.08 trillion as of March 15, 2021. The colleague replied that Mr. Guo probably should be on the list, given that he had been spreading unverifiable defamatory stories about Chinese officials. Behind the scenes, Apple has constructed a bureaucracy that has become a powerful tool in Chinas vast censorship operation. In these regions, Apple can now only capitalize on its wearables and Apple services. Since then, Apple has struggled to entice new customers and iPad owners typically hold onto their device for more than three years. Mr. Cook often talks about Apples commitment to civil liberties and privacy. October 27, 2022. But China would not approve the use of the Thales devices, according to two employees. Apple works with suppliers and partners across all 50 states, including II-VI, which manufactures for Apple in Texas, New Jersey, Pennsylvania, and Illinois. Tim Cook, Apples chief executive, has said the data is safe. Throughout the decade, Apple has kept a core set of products: MacBook Air, MacBook Pro, Mac Pro and iMac. Jobs resigned from Apple in 1985 and the company saw a gradual decline over the 1990s, as it struggled to compete with Microsoft on software and Windows manufacturers on hardware sales. As of May 2021, there are 271 Apple Stores around the U.S. while China (including Hong Kong and Macau) has the second highest total with 50. But at the data center in Guiyang, which Apple hoped would be completed by next month, and another in the Inner Mongolia region, Apple has largely ceded control to the Chinese government. But those R&D centers complicated Apples image as a California company. This website is using a security service to protect itself from online attacks. It also exceeds the total value of stocks on most exchanges worldwide. It has considered relocating its production facilities. Most of that data for Chinese customers was stored on servers outside China. Were creating jobs in cutting-edge fields from 5G to silicon engineering to artificial intelligence investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future.. Apple employs a strong workforce of 22,000 in the European region. About Apple Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. One of his first research projects was Apples Chinese supply chain, which involved millions of workers, thousands of plants and hundreds of suppliers. Im convinced that they will have the ability to break into the servers.. These decisions are not always easy, and we may not agree with the laws that shape them, the company said. With nearly 110,000 tech workers downsized in 2023, Apple employees have been spared the ax. High-end smartphonescosting from $300makeup only 6% of the market, or just 6 million units.. All Rights Reserved. daily and featuring the latest statistics from the media, Show publisher information More than 85 percent of those proceeds go straight to third-party developers. Apple continues to be a clean energy leader through its $4.7 billion Green Bond spend, with recent investments in solar and wind projects in Nevada, Illinois, and Virginia bringing clean energy and high-paying jobs to local communities across the country. Although Amazon posts great marks, it is not bigger than Apple. This is approximately 13 times greater than Apple's market cap. please include a backlink to the respective infographic URL. Apple is also making industry-leading investments in new clean energy projects and green technology in the US and around the world. Our standard is 660 pixels, but you can customize how the statistic is displayed to suit your site by setting the width and the display size. ", TradingHours.com. Sales have steadily fallen in China since 2015, although it received a slight bump in 2021. In comparison to AirPods, HomePod has seen limited success. Revenue for iPad has remained in the $20 to $30 billion revenue range since launch, with the launch of the iPad Mini in 2013 still the peak year. Source: Company data. In addition, users have access to world-class music experts, tastemakers, and artist-led programs from globally celebrated creators including Virgil Abloh, Billie Eilish, Elton John, Pharrell, and more. Then you can access your favorite statistics via the star in the header. Apple is the largest taxpayer in the US and has paid almost $45 billion in domestic corporate income taxes over the past five years alone. Apple has proven to be highly successful at such expansions. !function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement("script");o.async=1,o.id=n,o.src="https://e.infogram.com/js/dist/embed-loader-min.js",d.parentNode.insertBefore(o,d)}}(document,0,"infogram-async"); Apple has always been most successful in the United States, its home country. Despite where it's headed, it maintains its position at the top. Phillip Shoemaker, who ran Apples App Store from 2009 to 2016, said in an interview that Apple lawyers in China gave his team a list of topics that couldnt appear in apps in the country, including Tiananmen Square and independence for Tibet and Taiwan. Statista. Feel free to contact us anytime using our contact form or visit our FAQ page. All eyes are on Apples next products, which may include a virtual reality headset and self-driving car. Apple revenue increased dramatically in the 2020s, from $65 billion at the start of the decade to $274.5 billion by the end. (Rendering: Studio8 Architects and WP Visions). China Tops The Apple Production List . Mr. Cook has made frequent, statesmanlike visits to China. Apple total number of employees in 2022 was 164,000, a 6.49% increase from 2021. Chinese law requires the companies to comply. For a full list of Apple Media Services availability around the world, please visit. Apple saw an impressive 57% increase in iPad sales in 2020. Data journalist covering technological, societal and media topics, Fox Unlikely To Settle With Dominion Over Election Lies As High-Stakes Trial Nears, Experts Say, Murdaugh Gets Consecutive Life Sentences For Murdering Wife And Son, Everything You Need To Know About Mad Cow Disease After Brazil Confirms Infection, Walgreens Wont Sell Abortion Pills In These StatesEven Though Abortion Is Legal There, iPhone Maker Foxconn Reportedly Expands In India Amid Claims Apple Wants To Bolster Manufacturing There, Thursday, March 2. The Chinese government made that operation possible by spending billions of dollars to pave roads, recruit workers, and construct factories, power plants and employee housing. In 2022, 900 million iOS users subscribed to one or more apps on the platform, an increase of 20% on the previous year. According to data reported by IDC and Counterpoint Research, Samsung, Xiaomi, Oppo, and Vivo held ~70% of the Indian smartphone shipment market in 2018. As a Premium user you get access to the detailed source references and background information about this statistic. Apple's market value exceeds the combined net worth of most of the world's billionaires, entire nations' economies, and the market value of most exchanges. Originally known for desktop computers, Apple was one of the first companies to switch to the graphical user interface (GUI) and saw success with the first Macintosh. Trieu Pham, an app reviewer in Cupertino, was assigned the app. Dec 20, 2022. Even with Apples shift in priorities from PC to mobile, Mac has remained a core part of the companys product portfolio. The concept's success can be seen by the fact that competitors such as Samsung, Xiaomi and Huawei are pursuing a similar strategy and opening their own physical stores. Apple does not disclose such takedowns in its statistics. Apple abandoned the encryption technology it used elsewhere after China would not allow it. As part of Apples commitment to American innovation and job creation, the company plans to create 20,000 new jobs over the next five years, growing its San Diego team to more than 5,000 employees by 2026. To use individual functions (e.g., mark statistics as favourites, set Sources: Apple, Canalys, CNBC, Gartner, Strategy Analytics. In its stores, Apple. The App Store, Apple Arcade, Apple Music, Apple Podcasts and iCloud are now available in the following countries and regions: Apple Music is also expanding to the following countries and regions: Apple Arcadeis a groundbreaking game subscription service within the App Store,adding new games every month from some of the worlds most visionary game developers. In 2018, Apple broke the record to become the first company to record a $1 trillion market capitalization. These include white papers, government data, original reporting, and interviews with industry experts. Apple is one of the biggest job creators in the US. But to stay on the right side of Chinese regulators, his company has put the data of its Chinese customers at risk and has aided government censorship in the Chinese version of its App Store. Chinese workers assemble nearly every iPhone, iPad and Mac. As part of Apples commitment to American innovation and job creation, the company plans to create 20,000 new jobs over the next five years, including adding another 1,000 team members in Seattle. And in its data centers, Apples compromises have made it nearly impossible for the company to stop the Chinese government from gaining access to the emails, photos, documents, contacts and locations of millions of Chinese residents, according to the security experts and Apple engineers. You can email the site owner to let them know you were blocked. Apples China team warned Mr. Cook that China could shut down iCloud in the country if it did not comply with the new cybersecurity law. The success of the iPhone enabled Apple to launch new product categories, such as the iPad. Raymond Zhong reported from Guiyang. Corning is among the companies that have received awards from Apples Advanced Manufacturing Fund, designed to foster innovation and growth in the sector. The consumption of fresh market apples in 2019 accounted for 10 pounds (ERS, 2021). U.S. federal government debt as of Sept. 30, 2020. It is still behind Flipboard, with 145 million MAUs, but may surpass it by 2022. The location of the keys to the data of Chinese customers was a sticking point in talks between Apple and Chinese officials, two people close to the deliberations said. Documents reviewed by The Times do not show that the Chinese government has gained access to the data. Sometimes, Mr. Shoemaker said, he was awakened in the middle of the night with demands from the Chinese government to remove an app. please visit our agency website, Your contact to the Infographics Newsroom, Find your information in our database containing over 20,000 reports, Our infographics team prepares current information in a clear and understandable format, Relevant facts covering media, economy, e-commerce, and FMCG topics, Use our newsletter overview to manage the topics that you have subscribed to. Apple Inc. leads all public companies with a $2.08 trillion market cap. Chinese intelligence has physical control over your hardware thats basically a threat level you cant let it get to, said Matthew D. Green, a cryptography professor at Johns Hopkins University. Today, some 20 years on from the opening of the two stores, Apple boasts a physical retail empire of some 500 establishments, more than half of which are in the United States. At a summit for its new Chinese engineers and designers, Apple showed a video that ended with a phrase that Apple had been inscribing on the backs of iPhones for years: Designed by Apple in California.. 20 years on from the first Apple Stores opening their doors, the concept has come a long way. Apple built the worlds most valuable business on top of China. New Apple Music subscribers in the 52 additional countries can enjoy a six-month free trial of the service, with locally curated playlists including Africa Now, Afrobeats Hits, Ghana Bounce, and more. Register in seconds and access exclusive features. Cupertino, California Apple announced that starting today, even more customers around the world can enjoy many of Apple's most popular Services. The . In August 2018, Apple Inc. (AAPL) became the world's first company to record a market capitalization of $1 trillion and roughly two years later, became the first publicly traded U.S. company to surpass $2 trillion. As of March 15, 2021, Apple's market cap increased to $2.08 trillion. To put that staggering $2 trillion figure in context, we present five other huge things that the giant technology company is bigger than or comparable to in terms of value. About half of all iPhone users actively use Apple Pay, according to Loup Ventures. That led to a project known inside Apple as Golden Gate.. The Chinese government was starting to pass laws that gave the country greater leverage over Apple, and Mr. Guthrie said he believed Mr. Xi would soon start seeking concessions. dollars)." Chinas leader, Xi Jinping, is increasing his demands on Western companies, and Mr. Cook has resisted those demands on a number of occasions. At the time, the country was starting to pass laws that gave the government greater leverage over Apple. He turned the companys fortunes around, launching iTunes and iPod in 2001. proper attribution to Statista. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Of these, 216, or 97.3%, generate less than $2.08 trillion in annual GDP.. You get in the arena, because nothing ever changes from the sideline.. "Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022 (in billion U.S. Six months later, Apple fired Mr. Pham. Apple wanted to keep them in the United States; the Chinese officials wanted them in China. Even though the PC market saw higher sales in 2020, for the past decade it has been in gradual decline. But five years later, it ultimately did. The documents show that GCBD employees would have physical control over the servers, while Apple employees would largely monitor the operation from outside the country.
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