The maker of personal computers, tablets, and other devices saw particularly strong gains with its smartphones and entertainment products this year. Apple brought in a Fortune 500 record $99.8 billion in profit last year, and is the most profitable company on the list for the eighth time in nine years.
- The iPhone 14 lineup drew consumers after its September 2022 release, contributing to Apple’s 1.5% year-on-year growth in iPhone sales.
- Streaming offerings including Apple Music and Apple TV+ also drove revenue growth, as services sales hit a record of $20.9 billion in the first three months of 2023.
- Apple has been eyeing India, where it opened its first store in April 2023, as a market to propel iPhone sales and provide a manufacturing boost.
Mark Makela—Getty Images
Company Information
As of 6/5/23
Country/Territory
U.S.
Headquarters
Cupertino, Calif.
Industry
Computers, Office Equipment
CEO
Timothy D. Cook
Website
Company Type
Public
Ticker
AAPL
Revenues ($M)
$394,328
Profits ($M)
$99,803
Market Value ($M)
$2,609,039
Employees
164,000
Figures are for fiscal year ended Sept. 30, 2022. Market value as of March 31, 2023.
Key Financials (Last Fiscal Year)
$ millions
% change
Revenues ($M)
$394,328
7.8%
Profits ($M)
$99,803
5.4%
Assets ($M)
$352,755
-
Total Stockholder Equity ($M)
$50,672
-
Profit Ratios
Profit as % of Revenues
25.3%
Profits as % of Assets
28.3%
Profits as % of Stockholder Equity
197%
Earnings Per Share (Last Fiscal Year)
Earnings Per Share ($)
6.11
EPS % Change (from 2021)
8.9%
EPS % Change (5 year annual rate)
21.6%
EPS % Change (10 year annual rate)
14.5%
Total Return
Total Return to Investors (2022)
-26.4%
Total Return to Investors (5 year, annualized)
26.4%
Total Return to Investors (10 year, annualized)
23%
Apple Rank History
Historical Data
| Year | Revenues ($M) | Profits ($M) | Assets ($M) | Total Stockholder Equity ($M) |
|---|---|---|---|---|
| 2022 | $365,81733.3% | $94,68064.9% | $351,002 | $63,090 |
| 2021 | $274,5155.5% | $57,4113.9% | $323,888 | $65,339 |
| 2020 | $260,174-2% | $55,256-7.2% | $338,516 | $90,488 |
| 2019 | $265,59515.9% | $59,53123.1% | $365,725 | $107,147 |
| 2018 | $229,2346.3% | $48,3515.8% | $375,319 | $134,047 |
SHOW MORE
Lists ranking Apple
RANK1
World's Most Admired Companies - 2023The 25th Fortune World’s Most Admired Companies li...view in list
RANK6
America's Most Innovative Companies - 2023The 300 companies on this list are transforming in...view in list
Latest news for Apple
