Apple revenue by year – net sales

Apple Revenue  – Net sales 1999 to 2018

Apple
YearRevenue ($bn)
2018$265.6 Bn
2017$229.2 Bn
2016$215.6 Bn
2015$233.7Bn
2014$182.8 Bn
2013$170.9 Bn
2012$ 156.5 Bn
2011$108.2 Bn
2010$65.2 Bn
2009$ 42.9 Bn
2008$37.5 Bn
2007$24.6 Bn
2006$19.3 Bn
2005$13.9 Bn
2004$8.3 Bn
2003$6.2 Bn
2002$5.7 Bn
2001$5.4 Bn
2000$7.9 Bn
1999$6.1 Bn

In 2018, Apple’s revenue has grown to the highest ever level at $265.6 Billion dollars. Its revenue saw a growth of around 36.3 Billion dollars or 16% over the previous year (2017).

Starting from $37.4 billions in 2008, Apple’s revenue had kept increasing year by year and peaked in 2015 after which it again declined. Apple had launched Iphone 6 and 6 Plus in september 2014. 2015 was the year of release of Iphone 6s and Iphone 6s Plus. In 2015, its revenue jumped  by 28% over previous year driven primarily by the increased sales of Iphones. Revenue dipped again in 2016 compared to 2015 but  rose back in 2017. The reasons noted behind this growth were growth in sales of Iphone, services and Mac. The decline in 2016 was primarily because of weakened Iphone sales and weak foreign currencies.

From 2015 to 2016, there was a decline of 8% or $18.1 billion in net sales. Again from 2016 to 2017, there was a gain of 6% or 13.6 Billions. Otherwise Apple’s net sales and revenue had kept rising consistently from 2008 and the biggest gain of more than 50 billion dollars was in 2015 over previous year. Please note that Apple achieved its highest ever revenue in 2015 at 233.7 Billion US dollars. In the first quarter of fiscal year 2018, Apple had a net sales worth 88.3 Billion Dollars which was around 9.5 Billion dollars higher than what it earned in the first quarter of 2017.

Sources:

Apple Annual Reports (Form 10K)

Abhijeet Pratap

I am Abhijeet Pratap, editor of notesmatic. I am an MBA with marketing (major). Apart from writing on various topics in business management, marketing and English literature, I like to read and write about technology.