Apple Gross Profit 2010-2024 | AAPL

Apple annual/quarterly gross profit history and growth rate from 2010 to 2024. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
  • Apple gross profit for the quarter ending September 30, 2024 was $43.879B, a 8.54% increase year-over-year.
  • Apple gross profit for the twelve months ending September 30, 2024 was $180.683B, a 6.82% increase year-over-year.
  • Apple annual gross profit for 2024 was $180.683B, a 6.82% increase from 2023.
  • Apple annual gross profit for 2023 was $169.148B, a 0.96% decline from 2022.
  • Apple annual gross profit for 2022 was $170.782B, a 11.74% increase from 2021.
Apple Annual Gross Profit
(Millions of US $)
2024 $180,683
2023 $169,148
2022 $170,782
2021 $152,836
2020 $104,956
2019 $98,392
2018 $101,839
2017 $88,186
2016 $84,263
2015 $93,626
2014 $70,537
2013 $64,304
2012 $68,662
2011 $43,818
2010 $25,684
2009 $17,222
Apple Quarterly Gross Profit
(Millions of US $)
2024-09-30 $43,879
2024-06-30 $39,678
2024-03-31 $42,271
2023-12-31 $54,855
2023-09-30 $40,427
2023-06-30 $36,413
2023-03-31 $41,976
2022-12-31 $50,332
2022-09-30 $38,095
2022-06-30 $35,885
2022-03-31 $42,559
2021-12-31 $54,243
2021-09-30 $35,174
2021-06-30 $35,255
2021-03-31 $38,079
2020-12-31 $44,328
2020-09-30 $24,689
2020-06-30 $22,680
2020-03-31 $22,370
2019-12-31 $35,217
2019-09-30 $24,313
2019-06-30 $20,227
2019-03-31 $21,821
2018-12-31 $32,031
2018-09-30 $24,084
2018-06-30 $20,421
2018-03-31 $23,422
2017-12-31 $33,912
2017-09-30 $19,931
2017-06-30 $17,488
2017-03-31 $20,591
2016-12-31 $30,176
2016-09-30 $17,813
2016-06-30 $16,106
2016-03-31 $19,921
2015-12-31 $30,423
2015-09-30 $20,548
2015-06-30 $19,681
2015-03-31 $23,656
2014-12-31 $29,741
2014-09-30 $16,009
2014-06-30 $14,735
2014-03-31 $17,947
2013-12-31 $21,846
2013-09-30 $13,871
2013-06-30 $13,024
2013-03-31 $16,349
2012-12-31 $21,060
2012-09-30 $14,401
2012-06-30 $14,994
2012-03-31 $18,564
2011-12-31 $20,703
2011-09-30 $11,380
2011-06-30 $11,922
2011-03-31 $10,218
2010-12-31 $10,298
2010-09-30 $7,512
2010-06-30 $6,136
2010-03-31 $5,625
2009-12-31 $6,411
2009-09-30 $5,105
2009-06-30 $3,983
2009-03-31 $3,627
Sector Industry Market Cap Revenue
Computer and Technology Computer - Microcomputers $3670.727B $391.035B
Apple's business primarily runs around its flagship iPhone. However, the Services portfolio that includes cloud services, App store, Apple Music, AppleCare, Apple Pay & licensing and other services which become the cash cow. Moreover, non-iPhone devices like Apple Watch and AirPod have gained significant traction. In fact, Apple dominates the Wearables and Hearables markets due to the growing adoption of Watch and AirPods. Solid uptake of Apple Watch also helps Apple to strengthen its presence in the personal health monitoring space. Apple also designs, manufactures and sells iPad, MacBookand HomePod. These devices are powered by software applications including iOS, macOS, watchOS and tvOS operating systems. Apple's other services include subscription-based Apple News, Apple Card, Apple Arcade, new Apple TV app, Apple TV channels and Apple TV, a new subscription service.
Stock Name Country Market Cap PE Ratio
Dell (DELL) United States $86.674B 18.64
HP (HPQ) United States $34.887B 10.68
Lenovo Group (LNVGY) Hong Kong, SAR China $14.700B 12.74