Apple Gross Profit 2010-2023 | AAPL
Apple annual/quarterly gross profit history and growth rate from 2010 to 2023. 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 December 31, 2023 was $54.855B, a 8.99% increase year-over-year.
- Apple gross profit for the twelve months ending December 31, 2023 was $173.671B, a 4.08% increase year-over-year.
- 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 for 2021 was $152.836B, a 45.62% increase from 2020.
Apple Annual Gross Profit
(Millions of US $) |
| 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 $) |
| 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 |
Computers - Minicomputers |
$2623.421B |
$383.285B |
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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.
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