Apple Net Worth:
History, Assets, Income, Liabilities, Net Income, Total Employees and many more details can be seen from this page.
The value of Apple Inc. is $2,520 trillion ($2520 billion Arab), and in 2023 it will become the first company to reach the $3 trillion mark. Apple Inc. is a multinational corporation based in the United States that is well known for producing smartphones, tablets, PCs, and a wide range of other electronic devices. It is made in Cupertino, California, which also serves as its headquarters. The company produces a wide range of goods and gives each one of them a unique look.
Some of the most well-known products of the companies are the iPhone smartphones, iPad tablets, Mac Book laptops, Air Pods wireless earbuds, and Apple Watch smartwatches, which are used and loved all over the world.
The business operates more than 25 production facilities across the world. Together with some of the industry heavyweights like Microsoft, Google, Amazon, and Facebook, Apple Inc. is regarded as one of the top five businesses in the American information technology sector. Although their items are incredibly expensive, they are of unsurpassed quality, which accounts for their success. For many, the logo itself serves as a status symbol.
Apple Net Worth
| Name | Apple Inc. |
| net worth 2023 | $2520 billion ($2.520 trillion) |
| Total assets, | $352 billion |
| Net income, | $99.803 billion |
| Annual revenue, | $394.328 billion |
| P / E ratio 2023 | 27.04 |
| founded by: | Steve Jobs, Steve Wozniak, Ronald Wayne |
| CEO | Tim Cook (24 August 2011– ) |
| Established: | 1 April 1976, Los Altos, California, United States |
| Shareholder Name | Total Shares |
| Arthur Levinson | 4,592,140 shares |
| Tim Cook | 837,374 shares |
| Jeff Williams | 489,260 shares |
| Shareholder Name | Total Shares |
| Vanguard Group Inc. | 1.3 billion shares |
| blackrock inc | 1.11 billion shares |
| Berkshire Hathaway Inc. | 1 billion shares |
Apple Net Worth
Apple Inc.’s share price is currently about $2.520 trillion. The corporation is worth more as a whole than many other businesses put together. Despite its expensive price, the iPhone is the third most popular smartphone on the market. When it comes to other electrical products, Apple is in a dominant position. Because Apple used to sell in such large quantities in the past, its Air Pod is currently becoming a phenomenon. iPod’s. The business is making every effort to expand its offerings and make it financially sustainable for everyone.
Apple Revenue 2022
- Apple’s revenue for the quarter ending December 31, 2022 was $117.154 billion,
- Apple’s revenue for the twelve months ended December 31, 2022 was $387.537 billion,
- Apple’s annual revenue for 2022 was $394.328 billion,
- Apple’s annual revenue for 2021 was $365.817 billion,
- Apple’s annual revenue for 2020 was $274.515 billion,
| Year | (million US dollars) |
|---|---|
| 2022 | $387,537 |
| 2021 | $365,817 |
| 2020 | $274,515 |
| 2019 | $260,174 |
| 2018 | $265,595 |
| 2017 | $229,234 |
| 2016 | $215,639 |
| 2015 | $233,715 |
| 2014 | $182,795 |
| 2013 | $170,910 |
| 2012 | $156,508 |
| 2011 | $108,249 |
| 2010 | $65,225 |
| 2009 | $42,905 |
| 2008 | $37,491 |
| 2007 | $24,578 |
| 2006 | $19,315 |
| 2005 | $13,931 |
Apple Net Worth
- Apple’s net worth for the quarter ending December 31, 2022 was $346.747 billion.
- Apple’s net worth for 2022 was $352.755 billion.
- Apple’s net worth for 2021 was $351.002 billion.
- Apple’s net worth for 2020 was $323.888 billion.
| Year | (million US dollars) |
|---|---|
| 2022 | $352,755 |
| 2021 | $351,002 |
| 2020 | $323,888 |
| 2019 | $338,516 |
| 2018 | $365,725 |
| 2017 | $375,319 |
| 2016 | $321,686 |
| 2015 | $290,345 |
| 2014 | $231,839 |
Apple’s Total Liabilities
- Apple’s total liabilities for the quarter ending December 31, 2022 were $290.020 billion.
- Apple’s total liabilities for 2022 were $302.083 billion.
- Apple’s total liabilities for 2021 were $287.912 billion.
- Apple’s total liabilities for 2020 were $258.549 billion.
| 2022 | $302,083 |
| 2021 | $287,912 |
| 2020 | $258,549 |
| 2019 | $248,028 |
| 2018 | $258,578 |
| 2017 | $241,272 |
| 2016 | $193,437 |
| 2015 | $170,990 |
| 2014 | $120,292 |
Start
iTunes Inc. Ronald Wayne, Steve Wozniak, and Steve Jobs each had a dream business. All three of them launched the business in 1976. At the time, they sold the Apple I personal computer and eventually the extremely well-known Apple II computer. The business was renamed Apple Computer, Inc. in 1977.
In 1980, he went public with the business and saw some financial success. Their unique graphics and operating system were warmly accepted, and their devices did well in the marketplace, but after a while, they ran into issues with their costs as compared to less expensive Microsoft Windows PCs powered by Intel. In order to form NeXT, Steve Jobs and a number of other firm employees departed the organisation.
To save the business and put it back on track, the company appointed CEO Gil Amelio. In 1997, he acquired NeXT, bringing Steve Jobs back to Apple. Steve Jobs reclaimed his position as CEO in 2000, and the business has since enjoyed enormous success. He founded the iMac and started a number of retail businesses across the country. When the corporation bought Apple Inc. in 2007, it attained this status.
Apple Net Income 2022
- Apple’s net income for the quarter ending December 31, 2022 was $29.998 billion.
- Apple’s net income for the twelve months ended December 31, 2022 was $95.171 billion.
- Apple’s annual net income for 2022 was $99.803 billion.
- Apple’s annual net income for 2021 was $94.68 billion.
- Apple’s annual net income for 2020 was $57.411 billion.
| Year | Net Income (millions of US dollars) |
|---|---|
| 2022 | $99,803 |
| 2021 | $94,680 |
| 2020 | $57,411 |
| 2019 | $55,256 |
| 2018 | $59,531 |
| 2017 | $48,351 |
| 2016 | $45,687 |
| 2015 | $53,394 |
| 2014 | $39,510 |
| 2013 | $37,037 |
| 2012 | $41,733 |
| 2011 | $25,922 |
| 2010 | $14,013 |
Development
Because of its products and their unique style and character, Apple, the flagship business of Steve Jobs, is regarded as one of the finest IT firms in the present. Since it had no rivals at the time of its 2007 launch, the original iPhone quickly gained popularity. Like the first step into the future, the iPhone. In spite of the expense, it has been a resounding success.
In 2011, after Steve Jobs departed the country, Tim Cook took over as CEO. Jobs departed the business for medical reasons. Jobs was like the foundation on which the corporation was built. He passed very shortly after Steve Jobs’ shocking resignation, which shook the entire globe.
The business is currently basking in the achievement of becoming the first organisation to have a $3 trillion valuation. The business employs more than 147,000 people and has more than 500 stores throughout the world. More than 1.5 billion Apple products are in use worldwide, and the trend towards them only continues to grow. The business is still evolving and attempting to be profitable for everyone, including middle-class individuals. When more and more Apple items start appearing around you, you can see that efforts have been made.
Awards and Achievements
The business is currently basking in the achievement of becoming the first organisation to have a $3 trillion valuation. The business employs more than 147,000 people and has more than 500 stores throughout the world. More than 1.5 billion Apple products are in use worldwide, and the trend towards them only continues to grow. The business is still evolving and attempting to be profitable for everyone, including middle-class individuals. When more and more Apple items start appearing around you, you can see that efforts have been made.
Conclusion
We can state as a conclusion that Apple Inc. is a billion dollar business. The company has thousands of employees and a large number of stores to sell its goods worldwide. It offers a large choice of reliable products, all of which are available. The less expensive devices pale in comparison to Apple offerings. Apple devices were formerly exclusively seen in the hands of the wealthy and millionaires, but today it’s very simple to acquire an iPhone, iPad, or any other Apple gadget.
Frequently Asked Questions
- What is Apple’s net worth?
As of 2021, Apple’s net worth is estimated to be over $2 trillion USD. This makes Apple one of the most valuable companies in the world.
- How did Apple become so wealthy?
Apple became so wealthy due to its innovative products, marketing strategies, and strong brand identity. Apple was one of the first companies to introduce user-friendly personal computers, and it has continued to innovate with the introduction of the iPod, iPhone, and iPad. Apple’s products are known for their sleek design, high-quality construction, and user-friendly interfaces, which have helped to create a loyal customer base.
- What are some of Apple’s most successful products?
Some of Apple’s most successful products include the iPhone, iPad, Mac computers, and Apple Watch. These products have helped to establish Apple as a leader in the technology industry.
- How has Apple’s net worth changed over time?
Apple’s net worth has increased significantly over time. In 1998, when Steve Jobs returned as CEO, the company was worth just $5 billion. By 2010, the company was worth over $200 billion, and in 2020, it became the first U.S. company to reach a $2 trillion valuation.
- How does Apple’s net worth compare to other companies?
Apple’s net worth is one of the highest in the world, with only a few other companies, such as Amazon, Google, and Microsoft, coming close to its value. Apple’s success has made it a major player in the technology industry and has enabled it to invest in new technologies and expand its product offerings.