Where does Apple make most of their revenue?

iPhone is Apple's most valuable product and has, since 2008, been its main source of revenue. Even though Apple has diversified its product line with Watch, AirPods and services, iPhone is still responsible for 50 percent of Apple's revenue. In the past two years, Apple has launched four models of iPhone.
Takedown request   |   View complete answer on businessofapps.com


How much of Apple's revenue comes from China?

1 spot in China, hits record iPhone market share in the fourth quarter. Apple hit a record 23% market share in China in the fourth quarter of 2021, with the iPhone maker reclaiming the number one player for the first time in six years, Counterpoint Research said.
Takedown request   |   View complete answer on cnbc.com


What country does Apple sell the most?

China surpasses US as biggest market for Apple, Android devices.
Takedown request   |   View complete answer on appleinsider.com


Which country is the largest buyer of iPhone?

Japan ranks as the country with the most number of iPhone users worldwide, earning 70% of the total market share.
Takedown request   |   View complete answer on financesonline.com


How much of Apple's revenue is international?

As of the second quarter of fiscal year 2021, around 67 percent of Apple Inc's revenue was generated outside of the United States.
Takedown request   |   View complete answer on statista.com


How Apple Makes So Much Money



What percentage of Apple is owned by China?

In 2021, Chinese buyers accounted for 20 percent of Apple's global iPhone sales, according to Counterpoint Research, a Hong Kong-based consumer electronics analysis firm.
Takedown request   |   View complete answer on observer.com


Why is China such an important market for Apple?

The tech giant has grown to rely heavily on contract suppliers for assembling its many popular gadgets — as well as on consumers in the populous nation. Forty percent of Apple's net sales came from China last quarter, and the country represents about one-fifth of total iPhone sales, analysts estimate.
Takedown request   |   View complete answer on businessinsider.com


Why Apple sales are declining in China?

Ivan Lam, senior analyst at Counterpoint Research, attributed Apple's decline partly to the economic slowdown in China that has “affected money in people's pockets.”
Takedown request   |   View complete answer on cnn.com


Where are Apple products made?

Apple uses contract manufacturers to produce its devices in China. For example, Foxconn, Pegatron, and Wistron employ hundreds of thousands of workers to assemble Apple devices in China.
Takedown request   |   View complete answer on theguardian.com


What percentage of US smartphones are Apple?

Apple iOS continues to hold down the largest share of the smartphone operating systems' market in the United States, claiming more than half of the market as of January 2022. Apple's share of smartphone users has risen around 23 percent since early 2012.
Takedown request   |   View complete answer on statista.com


What percentage of the phone market is Apple?

Apple claimed a 14.1 percent share of the market in the second quarter of 2021, a drop from the previous quarter.
Takedown request   |   View complete answer on statista.com


Can apples survive without China?

Apple Inc. likes to say that its supply chain is global and that it isn't overly dependent on China. The reality is that Apple is tremendously reliant on the country for manufacturing, and this relationship has caused headaches for the company, investors and consumers during the pandemic.
Takedown request   |   View complete answer on bloomberg.com


Does Apple outsource to China?

Apple is moving some production out of China to overcome operational, geopolitical, and regulatory hurdles. However, China remains the central production hub for its devices. Apple employs an extensive list of outsourcing partners to supply and manufacture components used in iPhones, iPads, Macs, and wearable devices.
Takedown request   |   View complete answer on verdict.co.uk


Is Apple tied to China?

Apple's manufacturing supply chain is based in China and Taiwan, where nearly every iPhone, iPad and Mac computer is made. Over the years, China has proven itself to be both an important customer and partner to Apple. According to Zgutowicz, Apple's presence in China is actually a boon to the government's agenda.
Takedown request   |   View complete answer on forbes.com


What country owns Apple?

Apple Inc. is an American multinational technology company that specializes in consumer electronics, software and online services headquartered in Cupertino, California, United States.
Takedown request   |   View complete answer on en.wikipedia.org


What does Apple make in the USA?

Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV.
Takedown request   |   View complete answer on apple.com


Who is Apple's biggest supplier?

Foxconn is one of Apple's oldest and largest suppliers. The company has its headquarters in Tucheng, New Taipei City.
Takedown request   |   View complete answer on investopedia.com


Where are Apple suppliers located?

Apple specifically is supplied from 26 manufacturing facilities spread across Malaysia, Japan, Thailand, Vietnam, China and Singapore. In Japan, the company has 16 supplier sites.
Takedown request   |   View complete answer on investorplace.com


Why is Apple made in China?

China is so far the largest producer of Apple products in the world. Apple entered China for a variety of reasons. The main reason was that China can produce almost 500,000 iPhones in a single day. Other than that, China has low labor costs and that increases the profits of Apple.
Takedown request   |   View complete answer on ejet.com


Why did Apple move to Vietnam?

Apple will reportedly move some iPad capacity to Vietnam after China lockdowns. Apple is reportedly moving some of its iPad production to Vietnam from China after supply chain disruptions stemming from coronavirus lockdowns in and around Shanghai caused global repercussions.
Takedown request   |   View complete answer on cnbc.com


Why are companies leaving China?

Companies and analysts have discussed moving factories out of China for years, especially since labor costs have climbed and U.S.-China trade tensions worsened. The pandemic has reignited those conversations. Foreign businesses talk about how executives can easily travel to Southeast Asia factories, but not China.
Takedown request   |   View complete answer on cnbc.com


Who sells more Samsung or Apple?

Samsung held the largest slice of the global smartphone market by shipments during the third quarter of 2021, regaining ground Apple made with the launch of the iPhone 12 at the end of 2020.
Takedown request   |   View complete answer on statista.com


Who is Apple's main competitors?

Apple competitors include IBM, Google, Microsoft, Amazon and Samsung. Apple ranks 1st in Product Quality Score on Comparably vs its competitors.
Takedown request   |   View complete answer on comparably.com


Who sells more Apple or Android?

Smartphones running the Android operating system hold an 87 percent share of the global market in 2019 and this is expected to increase over the forthcoming years. The mobile operating system developed by Apple (iOS) has a 13 percent share of the market.
Takedown request   |   View complete answer on statista.com


Which phone is most used in USA?

Apple's iPhone is the most popular smartphone with U.S. American consumers, with 51 percent of subscribers using an Apple device as of January 2022.
Takedown request   |   View complete answer on statista.com