Apple Revenue
Apple Inc.'s revenue and profit have grown rapidly in the past 5-10 years. It was valued at over U.S. $ 1 trillion in 2018, making it the first American firm to be valued at such a high value. In 2016, the company's net incomes were $45.67 billion. In 2017, they increased to $48.35 billion. In 2018, they were $59.53 billion. In 2019, they declined to $55.26 billion. In 2020, they were $57.41 billion. In the most recent fiscal year, Apple's revenue was $265.595 billion, and its net income was $94.68 billion in 2021.
According to a source, Apple with an operating income of US$70.898 billion and revenue of US$265.595 billion, is undoubtedly having a business model which is profit-oriented, international, influential, and equally sustainable.