Apple Operating Income 2010-2023 | AAPL

Apple annual/quarterly operating income history and growth rate from 2010 to 2023. Operating income can be defined as income after operating expenses have been deducted and before interest payments and taxes have been deducted.
  • Apple operating income for the quarter ending December 31, 2023 was $40.373B, a 12.1% increase year-over-year.
  • Apple operating income for the twelve months ending December 31, 2023 was $118.658B, a 4.12% increase year-over-year.
  • Apple annual operating income for 2023 was $114.301B, a 4.3% decline from 2022.
  • Apple annual operating income for 2022 was $119.437B, a 9.63% increase from 2021.
  • Apple annual operating income for 2021 was $108.949B, a 64.36% increase from 2020.
Apple Annual Operating Income
(Millions of US $)
2023 $114,301
2022 $119,437
2021 $108,949
2020 $66,288
2019 $63,930
2018 $70,898
2017 $61,344
2016 $60,024
2015 $71,230
2014 $52,503
2013 $48,999
2012 $55,241
2011 $33,790
2010 $18,385
2009 $11,740
Apple Quarterly Operating Income
(Millions of US $)
2023-12-31 $40,373
2023-09-30 $26,969
2023-06-30 $22,998
2023-03-31 $28,318
2022-12-31 $36,016
2022-09-30 $24,894
2022-06-30 $23,076
2022-03-31 $29,979
2021-12-31 $41,488
2021-09-30 $23,786
2021-06-30 $24,126
2021-03-31 $27,503
2020-12-31 $33,534
2020-09-30 $14,775
2020-06-30 $13,091
2020-03-31 $12,853
2019-12-31 $25,569
2019-09-30 $15,625
2019-06-30 $11,544
2019-03-31 $13,415
2018-12-31 $23,346
2018-09-30 $16,118
2018-06-30 $12,612
2018-03-31 $15,894
2017-12-31 $26,274
2017-09-30 $13,120
2017-06-30 $10,768
2017-03-31 $14,097
2016-12-31 $23,359
2016-09-30 $11,761
2016-06-30 $10,105
2016-03-31 $13,987
2015-12-31 $24,171
2015-09-30 $14,623
2015-06-30 $14,083
2015-03-31 $18,278
2014-12-31 $24,246
2014-09-30 $11,165
2014-06-30 $10,282
2014-03-31 $13,593
2013-12-31 $17,463
2013-09-30 $10,030
2013-06-30 $9,201
2013-03-31 $12,558
2012-12-31 $17,210
2012-09-30 $10,944
2012-06-30 $11,573
2012-03-31 $15,384
2011-12-31 $17,340
2011-09-30 $8,710
2011-06-30 $9,379
2011-03-31 $7,874
2010-12-31 $7,827
2010-09-30 $5,447
2010-06-30 $4,234
2010-03-31 $3,979
2009-12-31 $4,725
2009-09-30 $3,684
2009-06-30 $2,632
2009-03-31 $2,323
Sector Industry Market Cap Revenue
Computer and Technology Computers - Minicomputers $2614.311B $383.285B
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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