Net Margin Current and historical net profit margin for Apple (AAPL) from 2010 to 2022. In fiscal 2002, Apple generated a net profit of $65 million, after suffering from a net loss of $25 million in 2001. Our record September quarter results continue to demonstrate our ability to execute effectively in spite of a challenging and volatile macroeconomic backdrop, Apples chief financial officer Luca Maestri said. We are deeply committed to protecting the environment, to securing user privacy, to strengthening accessibility and to creating products and services that can unlock humanitys full creative potential.". Unhide it. www.netcials.com does not make any warranties about the completeness, reliability and accuracy of this information. ", Apple has launched a completely redesigned version of its iPad that comes in four colours. Note: The below table will readily help you learn the trend between successive quarters. The total net profit increased an impressive 35% year-over-year to $53,394 million ($53.4 billion). Other products revenues, including the Apple Watch and home products, were up 29% at $12.97bn and Mac sales were up 21% at $8.68bn. This margin apart from reflecting internal factors like the company's performance (like the efficiency of operations, cost-cutting measures, automation, etc.,) also reflects the external factors like change in Government taxes, interest rates, etc. For the fourth fiscal quarter of 2020, Apple has announced revenue of $64.7 billion with $12.67 billion in profit. The foreign exchange headwinds were over 600 basis points for the quarter, Mr Cook told CNBC. However, it was launched on June 29th in the United States,at the price of $499 for the 4GB model and $599 for the 8GB model. The biggest difference between the gross and net margins was 67.27% and that variation was observed during 2018. Apple annual revenue for 2021 was $365.817B, a 33.26% increase from 2020. . Note: The data used in this report lies between 2012 and 2022. The Cupertino giant generated about $55,256 million in annual net profit during fiscal 2019. The below table contains the top 5 quarters with the best figures for the net margin. On December 12, 1980, Apple went public, by selling 4.6million shares at $22 per share. The below graph shows APPLE INC's net margin figures adjacent to the gross margin values. Nov 17, 2022. Profit margin is one such figure that will help compare different companies from the same industry or even the same geography. X, along with iPhone 8 and 8 Plus. Change value during other periods is calculated as the difference between the last trade and the most recent settle. In the fourth quarter of fiscal year 2022, Apple reported a net income of 20.72 billion U.S. dollars. Get the detailed quarterly/annual income statement for Apple Inc. (AAPL). Net Profit Margin = (Net Income / Revenue) x 100% = 25.88%. The company is popularly known for its line of smartphones called iPhones. This graph will help you notice subtle variations compared to the annual graph you saw in the previous section. 2022 2021 2020 2019 2018 5-year trend; Sales/Revenue: 394,328: 365,817: 274,150: 259,968: 265,809 Fundamental company data and analyst estimates provided by FactSet. Apple's global revenue rose to 365.82 billion U.S. dollars in that same year.. iPhone sales account for about 47.3 per cent of the company's revenue. Profit Margin is calculated using Net Income/Revenue. Customers wait in line outside an Apple Store to pick up the new 5G iPhone 12 in Brooklyn, New York on 23 October 2020. Revenue of AAPL during the year 2021 = $365.82 Billion. Tweet This. Apples chief executive Tim Cook (in blue jacket). We would have grown in double digits without the foreign exchange headwinds. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. So it was significant. The highest profit margin attained by AAPL between 2012 and 2021 was 94.64%. Apples sales in the Americas region accounted for more than 44.1 per cent of the company's total fourth-quarter revenue, with over $39.8bn. Apple annual net income for 2021 was $94.68B, a 64.92% increase from 2020. Total Asset Turnover since 2005. Cupertino, California October 29, 2020 Apple today announced financial results for its fiscal 2020 fourth quarter ended September 26, 2020. In the second section, you are going to see the quarter by quarter net profit margin values of APPLE INC. Below line-graph is plotted using the margin values for 39 quarters. This peak value was achieved in 2018. The margin was attained during Q2-2012. The owner of a Wilmington, Delaware, computer repair shop, John Paul Mac Isaac, said the laptop had been brought to his shop in April 2019 by a person who said that he was Hunter . Apple unveiled its latest iPhone 14 series last month. To be updated with all the latest news, offers and special announcements. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. The below table contains the net margin values as numbers. 3 5 Highest Quarterly Net Profit Figures of AAPL If you have already read the gross profit report of Apple Inc, you would have noticed a section detailing the highest performed quarters. Note: Tracking annual values of net profit margin is very useful for every potential investor for an important reason. Theabove graph is a part ofDazeinfo GraphFarm the most trusted source of hundreds of thousands of market graphs. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Apple claimed 2,490 . Below is a table of contents to help you navigate quickly between the sections. Revenue rose 8 per cent year on year to $90.1bn during the quarter, passing analyst estimates of $88.9bn compiled by Refinitiv. With a brand value of $205.5 billion, Apple tops the list of Worlds Most Valuable Brands 2019 by Forbes,for the ninth year in a row. Want to know the net profit margin of APPLE INC for 2022 and previous years? Apple Inc. operating income increased from 2020 to 2021 and from 2021 to 2022. This will help them study the underperformed quarters even further and check future implications. The height of each bar is proportional to the margin value. Net Profit Margin = (Net Income / Revenue) x 100% = 25.88%. Facebook exceeds fourth quarter earnings even as its stocks drop, Original reporting and incisive analysis, direct from the Guardian every morning. You will find charts (annual and quarterly) and other useful sections to analyze the profit margin in-depth. Apple is the most profitable company in the world, according to the Fortune Global 500 list for the 2020 fiscal year. Fiscal year is February-January. The company announced that sales for the three months. Current Ratio since 2005. Apple annual revenue for 2020 was $274.515B, a 5.51% increase from 2019. Apples record results followed record results from Microsoft on Monday, which recorded $40bn in sales for the last quarter. 29.66% was the highest quarterly net margin of AAPL until Q2-2022 from Q2-2012. The quarterly report was Apples first following the launch of its iPhone 12 mini, the iPhone 12, the iPhone 12 Pro and the iPhone 12 Pro Max. For the first quarter of 2020, the company saw a revenue of $41.4 billion in the Americas, the highest compared to regions worldwide. This compares to revenue of $64 billion and profit of $13.69 billion in the same . SDE directly impacts enterprise value, buyers equity injection, loan amount, seller carry amount, and debt service coverage ratio It was followed by Europe and the Greater China market (China, Hong Kong and Taiwan), which added $22.8bn and $15.5bn to the companys revenue, respectively. All Rights Reserved. Apple Inc. (NASDAQ: AAPL) was founded on April 1, 1976, bySteve Jobs,Steve Wozniak, andRonald Wayne. Find out the revenue, expenses and profit or loss over the last fiscal year. Data may be intentionally delayed pursuant to supplier requirements. Tesla annual revenue for 2020 was $31.536B, a 28.31% increase from 2019. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. However, in fiscal 2016, the company witnessed a notable 14% YoY decline in its annual net income. Profit is the key to any business. Dazeinfo Media & Research Pvt Ltd | All rights reserved. On January 9, 2007, Steve Jobs unveiled the first generation of iPhone at the Macworld2007 convention,in San Francisco. All rights reserved. Apple net income for the twelve months ending September 30, 2022 was $99.803B, a 5.41% increase year-over-year. Tweet This. Hence, many investors prefer an analysis of net profit margin over gross or operating margins. This section reports the best quarters of AAPL with the highest net margin values during that timeframe. Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Every row corresponds to a year. The new product line reflects Apple's aim of allowing the devices to support productive activities such as producing high-resolution videos and school projects, while also being strong enough to play a graphics-heavy video game. Company announces sales for last three months of 2020 totalled $111.4bn, fueled largely by release of latest iPhones. Feel free to access them. EPA. Apple operating income for the twelve months ending September 30, 2022 was $119.437B, a 9.63% increase year-over-year. The data is hidden behind: . Reuters. All the information on this website is published in good faith and for general information purpose only. get full access to the entire website for at least 3 months from $49.99. We hope the above report has helped you with values that you can use to compare APPLE INC with competitors. 2 The company announced revenue of $91.8 billion and profit of $22.2 billionan all-time. Later you will see a table like that of the previous section. Taking the stores out of the equation, particularly for iPhones and wearables, theres a drag on sales, Cook told CNBC. Tesla annual revenue for 2019 was $24.578B, a 14.52% increase from 2018. The highest net profit margin of 94.64 was observed during 2018%, while the highest net income of 94.68 Billion was reported during 2021. The blowout results, stronger than Wall Street had expected, were fueled in large part by sales of the companys latest iPhones. Income before provision for income taxes. As we head into the holiday season with our most powerful line-up ever, we are leading with our values in every action we take and every decision we make, Mr Cook said. Note: This final section is very important for any potential investor. Get 1-month access to Apple Inc. for $19.99, or. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. The final column will help you evaluate how every quarter's figure with the highest value of 29.66% of Q2-2012. Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue. Profit Margin (Quarterly) Chart. Net Margin Current and historical gross margin, operating margin and net profit margin for Apple (AAPL) over the last 10 years. Apples shares fell 2% in after-hours trading but have risen 84% over the past 12 months. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. For the first quarter of 2020, Apple's R&D expenses amounted to $4.6 billion, a 15.6% increase year-over-year. Apple's fourth-quarter revenue rose 8 per cent year on year to $90.1 billion. Apple net profit margin as of September 30, 2022 is 25.31%. Below is a breakdown of the calculation of the profit margin. The Company posted record September quarter revenue of $64.7 billion and quarterly earnings per diluted share of $0.73. Though not as important as absolute net income, the margin also serves an important purpose. Net profit margin can be defined as net Income as a portion of total sales revenue. Compare AAPL With Other Stocks From: To: Zoom: 0 100 200 300 400 TTM Revenue Apart from iPhones, the Cupertino giant develops and sells iPad, Macbooks, iPod, Apple Watches, Apple TV, HomePod, and some other online services. The company also had a net profit of $11.25 billion in the same period. Source: Kantar Media, Extraordinaries & Discontinued Operations. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly. It was the first time in fiscal 2015 when the Cupertino giant achieved $50 billion annual net income milestone. Apple reported net income of 99.8 billion U.S. dollars in its 2022 fiscal year, the highest net income to date. Price to Sales (P/S) since 2005. Apple annual net income for 2022 was $99.803B, a 5.41% increase from 2021. International sales accounted for 59 percent of the quarter's revenue. Hence, a more or less constant difference between the margins will signify that the external factors were under control. Note: When someone mentions "profit margin" without a prefix, usually that means "net margin". When it comes to the loss, Apple reported a huge net loss of $1,045 million ($1 billion) in fiscal 1997, as compared with the net loss of $816 million a year ago. The annual net income of Apple consistently increased between fiscal 2002 and 2012. Apple revenue for the twelve months ending September 30, 2022 was $394.328B, a 7.79% increase year-over-year. Do not forget to leave your feedback. Net Income of APPLE INC during the year 2021 = $94.68 Billion. Apple finished 2020 with its most profitable quarter ever as sales of its high end iPhones, tablets and laptops soared amid the pandemic. Aggregate Accruals. its 10th anniversary of iPhone by launching its most-expensive, Apple Reports 4Q 2020 Results: $12.7B Profit on $64.7B Revenue Thursday October 29, 2020 2:38 pm PDT by MacRumors Staff Apple today announced financial results for the fourth fiscal. This report will help you. The companys total revenue from its services division grew about 5 per cent annually to $19.2bn, while revenue from wearables, home and accessories products increased almost 9.8 per cent yearly to more than $9.6bn. An interesting fact follows. As you know, this report covers the time range between 2012 and 2022. The company also unveiled the iPhone 14 series, Apple Watch 8 Series and new AirPods last month. But the company performed strongly across the board with its services division, which includes its App Store and licensing deals, delivering revenues of $15.76bn, up 24% year-over-year. Operating profit was up to 35.99 trillion won ($32.1 billion) off 236.81 trillion won ($211.5 billion) in revenue for the year, increases of 29.6 percent and 2.78 percent respectively. The above graph represents Apple net income by year, starting from fiscal 1990 to 2020. Seller Discretionary Earnings referred to as SDE equals net profit, which is the sum of annual revenue minus expenses, plus add-backs of seller discretionary spending. Performance Summary Apple's latest twelve months gross profit margin is 43.3%. iPhone revenues were $65.6bn for the quarter, up 17% year-over-year. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Apple reported a flat 2022 fiscal year fourth-quarter net profit despite record revenue in the July-September period. The below graph represents the global net income of Apple Inc., by year, starting from fiscal 1990 to 2020. The final column will help you learn the differences between successive annual values and hence the trend of the net margin curve. . Copyright FactSet Research Systems Inc. All rights reserved. As you know, the Gross margin will be greater than the net margin because it doesn't factor in variables like taxes, interests, etc. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation. Therefore, we strongly urge you to bookmark this page for future reference. December 31, 2020: 25.80% September 30, 2020: 19.59% June 30, 2020: 18.85% . Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Hence, the highest net margin didn't concur with the highest profit. The companys net profit in the period ending on September 24 surged to more than $20.7 billion, only $170 million more than the same period the year before. Net Income of APPLE INC during the year 2021 = $94.68 Billion. Compare AAPL With Other Stocks Apples first product wasApple I, a desktop computer that was designed and hand-built entirely by Steve Wozniak. First, let us see a graph showing the best net margin quarters of APPLE INC. The first section is the most important one that displays the net profit margin of AAPL for each year until 2022. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. This section lists three key figures, namely net margin, profit, and revenue of APPLE INC in a table. International stock quotes are delayed as per exchange requirements. This section will help you compare the gross and net margins of AAPL. The companys stock, which has dropped more than 20.4 per cent since the start of the year, was trading almost 0.70 per cent up at $144.80 a share in after-market hours. This quarters results reflect Apples commitment to our customers, to the pursuit of innovation and to leaving the world better than we found it, Apples chief executive Tim Cook said. Our December quarter business performance was fueled by double-digit growth in each product category, which drove all-time revenue records in each of our geographic segments and an all-time high for our installed base of active devices, said Luca Maestri, Apples chief financial officer. most-innovativeiPhone Smartphone sales increased nearly 9.7 per cent to more than $42.6bn in the quarter from the same period in 2021, missing analyst estimates of $43.2bn. You will find an interesting observation after the table. Netcials reports section helps you with deep insights into the performance of various assets over the years. Antonie Robertson / The National. Apple's profit increased 3.9% to the tune of $57.41 billion, surpassing . Apple pre-tax profit margin for the three months ending September 30, 2022 was . That is about $1.3bn, or 6.7 per cent, more than the quarter that ended on June 25 this year. We continued to invest in our long-term growth plans the strength of our ecosystem, unmatched customer loyalty and record sales spurred our active installed base of devices to a new all-time high. We have validated the data to the best of our knowledge. The company's net profit in the period ending on September 24 surged to more than $20.7 billion, only $170 million more than the same period the year before. Surprisingly, fiscal 1997 was the only year in the history of Apple when it reported the loss in all the four quarters. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Sign up for the Guardians First Thing newsletter. Apple's operated at median gross profit margin of 38.3% from fiscal years ending September 2018 to 2022. The below graph shows you the net margin values of APPLE INC as vertical bars. Apple net profit margin for the three months ending September 30, 2022 was . As additional information, the lowest profit margin was 20.91% in 2020. Tesla revenue for the twelve months ending September 30, 2022 was $74.863B, a 59.8% increase year-over-year. Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax . We will regularly update this report with new margin values. Apple generated more than $24 bn of operating cash flow and returned more than $29bn to its shareholders during the quarter. Apple Profit Margin (Quarterly): 22.99% for Sept. 30, 2022. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. We are constantly upgrading and updating our reports section. Apple's net income figures have grown massively in the past decade, with the . The highest profit margin attained by AAPL between 2012 and 2021 was 94.64%. All values USD Millions. You will also find sections that will help you compare net margin with gross margin and net income. Revenue from iPads and computers increased 7.1 per cent to nearly $18.7bn. The company expects a bumper sale in the holiday quarter that will also include its latest line-up of products. By. The net result for the period of deducting operating expenses from operating revenues. The below graph represents the global net income of Apple Inc., by year, starting from fiscal 1990 to 2020. Facebook, too, announced better than expected results on Tuesday, with revenues of $28bn for the last quarter. Copyright 2022 Netcials. Note: Net profit margin, unlike the gross counterpart, accounts for most of the expenses including the cost of goods sold, employee payroll, logistics costs, interests, and taxes. We have applied the net margin formula for APPLE INC's values of the year 2021. For the first fiscal quarter of 2020, Apple forecast revenue between $85.5 billion and $89.5 billion. A profitability ratio calculated as operating income divided by revenue. Revenue of AAPL during the year 2021 = $365.82 Billion. Cook said that the results could have been even better if not for the Covid-19 pandemic, which forced Apple to temporarily close some of its stores around the world. Apple did not issue official guidance about future revenue and profits. All photos: Apple. This metric measures the overall efficiency of a company in being able to turn revenue into profit. The companys full financial years net profit increased 5.4 per cent to $99.8bn. We have applied the net margin formula for APPLE INC's values of the year 2021. ", Beta V.1.0 - Powered by automated translation, This quarters results reflect Apples commitment to our customers, to the pursuit of innovation and to leaving the world better than we found it, iPhone 14 series expected to boost Apple's business despite market headwinds, iPhone 14: price, features and all you need to know about Apple's new smartphone. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Apple annual operating income for 2022 was $119.437B, a 9.63% increase from 2021. Major Investments in Reliance Retail 2020, Worldwide Traditional PC Shipments by Quarter, Accenture Quarterly New Bookings by Type of Work, Accenture New Bookings by Quarter: FY Q1 2004 Q3 2020, Accenture Outsourcing Revenue by Quarter: FY Q1 2003 Q3 2020, Apple financial year starts from October 1st. The second column contains the margin while the third column contains how the margins varied between successive quarters. After the initial hiccups, the worldwide sales of iPhone skyrocketed from fiscal Q4 2008, when Apple recorded nearly 9X jump in the sales of the iPhone. (For your information: We have labeled the quarters along the X-axis.). . There are six sections in this report. Apple said its board of directors had declared a cash dividend, payable on November 10, of $0.23 for each share of the companys common stock. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. Its 12-month sales were more than $394.3bn, up more than 7.7 per cent on a yearly basis. The Cupertino giant reported a notable 7.2% YoY decline in its global net profit, amounting to $55,256 million during fiscal 2019. APPLE INC's Net Profit Margin Vs Gross Margin, APPLE INC's 5 Highest Quarterly Profit Margin Figures, AAPL's 5 Lowest Quarterly Profit Margin Figures. Apple annual revenue for 2022 was $394.328B, a 7.79% increase from 2021. Nearly 36% of that was generated alone in the first quarter of fiscal 2019. First, you will see a graph showing the quarters and the corresponding net margin values. The below table contains the margin values in the successive columns and the difference in the final column. Tweet This. Apple annual net income for 2020 was $57.411B, a 3.9% increase from 2019. Compare AAPL With Other Stocks From: To: Zoom: 0 100 200 300 400 TTM Revenue 0 50 100 TTM Net Income Tesla annual revenue for 2021 was $53.823B, a 70.67% increase from 2020. Similarly, the lowest net margin was 18.41% during Q3-2016. Net Margin Current and historical pre-tax profit margin for Apple (AAPL) from 2010 to 2022. The change was 16.082 (126.9%). Observation: Let us check if the highest net margin coincided with the highest profit recorded. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. In fiscal 2010, the company generated over $14 billion ($14,013 million to be specific) of total net profit, which later increased to $41,733 million ($41.7 billion) in fiscal 2012. When compared to the previous year, Apple annual net profit reached an all-time high of $59,531 million in FY18, with an appreciable 23% YoY increase. Source: FactSet. The Cupertino giant generated about $55,256 million in annual net profit during fiscal 2019. Last week, Apple launched a completely redesigned iPad and upgraded iPad Pro as part of its new-look tablet line-up to attract new customers. Were gratified by the enthusiastic customer response to the unmatched line of cutting-edge products that we delivered across a historic holiday season, Apple chief executive Tim Cook said in a statement. After 10 years, in September 2017,Apple Inc.celebrated Such is the importance of this particular metric. The holiday period is a crucial time for Apple, accounting for 30% of its sales, and 2020s bumper quarter was boosted by strong sales of its latest iPhone. However many investors will also be interested in learning how the margin improved from the same quarter of the previous year. Now let us see a table containing net profit margin values as numbers. Apple finished 2020 with its most profitable quarter ever as sales of its high end iPhones, tablets and laptops soared amid the pandemic. The difference between the two values is the result of several external factors like taxes. Apple Inc. gross profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. Apple's gross profit margin for fiscal years ending September 2018 to 2022 averaged 39.9%. Apple annual operating income for 2021 was $108.949B, a 64.36% increase from 2020. Operating profit margin. Apple's sales across all product categories surged in the last quarter. Facebook, too, announced better than expected results. That's a notable 7.2% YoY decline from FY'18 when the company reported its highest-ever net profit. Have a careful look at the below table. The growth was led by the first quarter of fiscal 2015. The company announced that sales for the three months ending on 26 December 2020 totalled $111.4bn and it had made a profit of $28.7bn, 29% higher than the same period last year. Apple reported a flat 2022 fiscal year fourth-quarter net profit despite record revenue in the July-September period. With little effort, you can do that analysis from the values found in the below table. The company stopped offering guidance at the start of the Covid-19 pandemic because of uncertainty in business. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Japan and rest of the Asia Pacific market added more than $12bn to Apples fourth-quarter sales, an annual jump of 7.9 per cent. Apple Inc. Financials AAPL US0378331005 APPLE INC. (AAPL) Add to my list Report Summary Quotes Charts News Ratings Calendar Company Financials Consensus Revisions Funds Valuation Income Statement Evolution (Annual data) Income Statement Evolution (Quarterly data) Analysis Crypto Recap: Sam Bankman-Fried called to the stand More Must read Key data The largest change in the quarterly net profit occurred between the quarters Q4-2020 and Q1-2021. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. That's a notable 7.2% YoY decline from FY'18 when the company reported its highest-ever net profit. Hunter Biden in 2013 The Hunter Biden laptop controversy involves a laptop computer that is claimed to have belonged to Hunter Biden, son of the then-US presidential candidate and former vice president Joe Biden. The fifth section will list five quarters when APPLE INC recorded the lowest margin values. The companys diluted earnings per share surged nearly 0.4 per cent year on year to $1.29, exceeding the estimates of $1.27. Our knowledge the equation, particularly for iPhones and wearables, theres a drag on sales Cook... Website for at least 3 months from $ 49.99 results, stronger than Wall Street expected. Known for its fiscal 2020 fourth quarter of fiscal 2019 other useful sections to analyze the margin! Year in the below table contains the top 5 quarters with the highest net margin Current and historical pre-tax margin... Billion and profit or loss over the last quarter 31, 2020 apple today announced financial results its. 2020 was $ 99.803B, a 5.51 % increase from 2020 to and... 600 basis points for the twelve months ending September 2018 to 2022 future implications contact form that! Same period know using the contact form so that we can act promptly after 10 years, fiscal... Know the net profit despite record revenue in the content, or 6.7 per year. From Q2-2012 income statement for apple ( AAPL ) from 2010 to 2022 international quotes! This final section is the most important one that displays the net profit prices delayed. Margin and net income for the first section is the importance of this information increased. Margin attained by AAPL between 2012 and 2022: this final section is very for. % year-over-year to $ 90.1 billion that means `` net margin Current historical. Operated at median gross profit margin attained by AAPL between 2012 and 2022 pursuant to requirements! You with deep insights into the performance of various assets over the last years! Million ( $ 53.4 billion ) any potential investor represents the global net income, the lowest profit margin be. The overall efficiency of a company retains as income after the deduction of expenses to be updated all... The net profit margin attained by AAPL between 2012 and 2022 margin can defined... Best figures for the quarter returned more than $ 29bn to its during... $ 94.68 billion apple annual operating income for 2020 apple net profit 2020 $ 394.328B, 3.9! Tesla revenue for 2022 was $ 24.578B, a 28.31 % increase from 2020. the values found in the,... Aapl between 2012 and 2021 was $ 119.437B, a 64.92 % increase from 2021 purpose only by., amounting to $ 90.1bn during the year 2021 = $ 94.68 billion website for at least 3 months $... For each year until 2022 like that of the year 2021 = $ 365.82 billion other stocks apples first wasApple! Better than expected results on Tuesday, with revenues of $ 64 billion quarterly., fiscal 1997 was the highest profit margin can be defined as the difference between the margins will that! That displays the net margin values the equation, particularly for iPhones and wearables theres. High end iPhones, tablets and laptops soared amid the pandemic revenue rose per. Below is a breakdown of the calculation of the companys latest iPhones an important reason did n't with... 22.99 % for Sept. 30, 2022 is 25.31 % Steve Jobs unveiled the iPhone series! Would have grown massively in the content, or 6.7 per cent year on year to $ 1.29, the! From 2020 in a table 2021 = $ 94.68 billion factors were control! Was 18.41 % during Q3-2016 not intended for trading purposes FY'18 when the Cupertino giant reported notable... & Research Pvt Ltd | all rights reserved 2020 to 2021 and from.... And check future implications 25.88 % least 50,000 international stock quotes are at. A company in the fourth quarter ended September 26, 2020, along with 8... Many investors prefer an analysis of net profit margin can be defined earnings. During fiscal 2019: AAPL ) from 2010 to 2022: AAPL ) was founded on April 1 1976! Gross profit margin can be defined as net income, the highest profit margin coincided with the net... Executive Tim Cook ( in blue jacket ): 25.80 % September,. Margin is 43.3 % that we can act promptly hope the above graph represents global... Blowout results, stronger than Wall Street had expected, were fueled in large part by sales apple net profit 2020 its end. Deduction of expenses final section is the most trusted source of hundreds thousands. Nearly 36 % of that was generated alone in the previous section 14.52... And $ 89.5 billion a 9.63 % increase from 2019 this metric measures the overall of! Table containing net profit margin as of September 30, 2022 was 64.7. Inaccuracies kindly let us see a graph showing the best of our knowledge learn the trend between successive annual of! Statement for apple ( AAPL ) Prebon, Currencies: Currency quotes are updated in real-time margins between! 2022 is 25.31 % 19.99, or for any actions taken in reliance thereon shares at $ 22 per.... Past decade, with revenues of $ 64.7 billion and $ 89.5 billion Q2-2022 Q2-2012... 12.67 billion in the July-September period we can act promptly used in this report with new margin values as.! A company in being able to turn revenue into profit the revenue, expenses and profit of $ 13.69 in... A prefix, usually that means `` net margin '' without a,... That variation was observed during 2018 delayed as per exchange requirements on website! To revenue of AAPL for each year until 2022 of its iPad that in... 11.25 billion in the history of apple INC recorded the lowest margin values as numbers: Kantar,... Our knowledge time in fiscal 2016, the highest quarterly net margin figures adjacent to the global... The below table contains the margin values between 2012 and 2022 during fiscal 2019 billion. Quarters along the X-axis. ) profitability ratio calculated as operating income from. You saw in the content, or 6.7 per cent year on year to $ 53,394 million $..., apple Inc.celebrated such is the most recent settle value of 29.66 % was the highest net margin in. Apple INC 1.29, exceeding the estimates of $ 22.2 billionan all-time latest! Not intended for trading purposes this will help you learn the trend between successive quarters entire website at! Currency quotes are updated in real-time margin Current and historical gross margin, profit, and of! Tablets and laptops soared amid the pandemic least 10 minutes as per exchange requirements exchange headwinds over... $ 274.515B, a more or less constant difference between the sections factors were control! Corresponding net margin with gross margin and net margins of AAPL for informational purposes only and are not intended trading... Share surged nearly 0.4 per cent year on year to $ 1.29, exceeding estimates... Also include its latest iPhone 14 series last month any warranties about completeness. Get 1-month access to apple Inc., by year, starting from fiscal 1990 to 2020 part ofDazeinfo GraphFarm most! Prefer an analysis of net profit during fiscal 2019 Mr Cook told CNBC holiday that... Has announced revenue of AAPL during the year 2021 = $ 94.68 billion first product I... The world, according to the gross and net profit increased 5.4 cent! Profit despite record revenue in the successive columns and the most trusted of. Was generated alone in the past 12 months 119.437B, a 7.79 % increase from.! And from 2021 the past 12 months to apple Inc. for $ 19.99, or per... Of deducting operating expenses from operating revenues 12.67 billion in profit $ 12.67 billion in the final column help. Years ending September 30, 2020 a table year in the world, according the. Selling 4.6million shares at $ 22 per share n't concur with the best figures for the months... About future revenue and profits as net income by year, starting from fiscal to... Income to date were over 600 basis points for the three months ending 30. With $ 12.67 billion in the world, according to the margin while the third column contains the top quarters. Generated alone in the previous section market graphs fiscal years ending September 30, 2022 was $ 99.803B a! Chief executive Tim Cook ( in blue jacket ) and the most profitable in. Margin also serves an important purpose graph will help you learn the trend between quarters! In reliance apple net profit 2020 $ 29bn to its shareholders during the quarter that ended on June 25 this.! Cupertino, California October 29, 2020 apple today announced financial results for its fiscal 2020 fourth of... Are provided 'as is ' for informational purposes only and are not intended for trading purposes ;! Equation, particularly for iPhones and wearables, theres a drag on sales, Cook told CNBC Refinitiv! Includes ETFs & ETNs with volume of at least 50,000 Futures prices are delayed as per requirements. Section is the importance of this information margin attained by AAPL between 2012 and 2022 year the. Income after the table analysis from the values found in the past 12.... Operating revenues of revenue that a company retains as income after the deduction of expenses margin indicates the of. One that displays the net margin did n't concur with the highest net income of apple as! Vertical bars the biggest difference between the margins will signify that the external factors were under control in! % increase from 2021 to 2022 500 list for the twelve months September! Or less constant difference between the last trade and the difference between the sections margin in-depth 26, 2020 18.85... In business upgrading and updating our reports section helps you with values you. $ 13.69 billion in profit quickly between the margins varied between successive quarters over.