Home ยป Apple Inc Revenue from United States

Apple Inc Revenue from United States

The United States is the single largest market of Apple products and services, accounting for around 37.5% of the company’s net revenue in 2022. The following chart shows Apple’s net revenue from the United States market from 2005 to 2022. In 2022, Apple generated $147.9 billion from the United States market, which was $14.1 billion higher compared to the prior year.

RELATED POSTS:

APPLE INC ANNUAL NET INCOME
APPLE ANNUAL NET REVENUE
APPLE REVENUE BY PRODUCT CATEGORY

APPLE REVENUE FROM SALES OF MAC
APPLE REVENUE FROM SALES OF IPHONE

Apple Revenue from the US 2001-2022

The following table shows the revenue of Apple Inc from United States market from 2001-2022. Sums are in millions.

YearUS Revenue (millions)
2022$147,859
2021$133,803
2020$109,197
2019$102,266
2018$98,061
2017$84,339
2016$75,667
2015$81,732
2014$68,909
2013$66,197
2012$60,949
2011$41,812
2010$28,633
2009$22,325
2008$20,893
2007$14,128
2006$11,486
2005$8,194
2004$4,893
2003$3,627
2002$3,272
2001$2,936

2022: Apple’s net sales in the US increased by $14 billion in 2022 compared to the prior year. The company generated $147,859 million in net sales from the United States market compared to $133,803 million in the prior year. China accounted for $74,200 million in 2022 compared to $68,366 million in 2021. The remaining countries accounted for $172,269 million in 2022 compared to $163,648 million in 2021. The United States alone accounted for 37.5% of the company’s annual net sales in 2022. Apple’s global net sales in 2022 remained $394,328 million compared to $365,817 million in 2021.

2021: The United States is the single largest market of Apple Inc. After United States, the only country that accounted for more than 10% net sales in 2021 was China. Apple generated around 36% of its net sales in the United States in 2021. Its net revenues from the United States grew by around 22.5% in 2021 compared to 2020.

The company generated $133.8 billion in 2021 from the United States market compared to $109.2 billion in 2020. Its total net sales in 2021 grew by 33% compared to the previous year. The company achieved $365.82 billion in net revenues in 2021 compared to $274.5 billion in 2020.

2018: Apple’s revenue from the US market was the highest till date in 2018. Its US revenue rose past 98 Billion dollars in 2018 rising from 84.3 Billion dollars in 2017. US is the most significant market for Apple accounting for more than 35% of the brand’s entire revenue in the last fiscal year.

About Apple:

Apple, the leading technology brand and the maker of iPhone and Mac was founded in 1976 by Steve Jobs and Steve Wozniak. In mid 2018, the brand touched a market valuation of 1 Trillion dollars. In 2018, its revenue has touched an all time high at $265.6 Billion and in 2021, its revenue grew higher than $365 billion. Its net revenue in 2022 was close to $400 billion. From Macbook to iPhone as well as Apple Watch, Apple TV, and Mac Mini, Apple has brought several technologically innovative and attractive products to the market. iPhone is the best selling product in the entire range of technology products by Apple, accounting for the largest share of the company’s net revenue. The company has experienced impressive growth each year in its revenue from the sales of services. Current CEO of Apple is Tim Cook. Its main competitors are Microsoft, HP, Dell, Samsung and Acer.