The above graph represents Apple net income by year, starting from fiscal 1990 to 2020. As additional information, the lowest profit margin was 20.91% in 2020. Apple finished 2020 with its most profitable quarter ever as sales of its high end iPhones, tablets and laptops soared amid the pandemic. The final column will help you learn the differences between successive annual values and hence the trend of the net margin curve. All the information on this website is published in good faith and for general information purpose only. Total Asset Turnover since 2005. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. For the fourth fiscal quarter of 2020, Apple has announced revenue of $64.7 billion with $12.67 billion in profit. Apple claimed 2,490 . All values USD Millions. 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. 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. Below is a breakdown of the calculation of the profit margin. Tweet This. Apple unveiled its latest iPhone 14 series last month. 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. Net Profit Margin = (Net Income / Revenue) x 100% = 25.88%. The margin was attained during Q2-2012. You will also find sections that will help you compare net margin with gross margin and net income. 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. 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. Below is a table of contents to help you navigate quickly between the sections. 29.66% was the highest quarterly net margin of AAPL until Q2-2022 from Q2-2012. 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. The Cupertino giant generated about $55,256 million in annual net profit during fiscal 2019. 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. Cryptocurrencies: Cryptocurrency quotes are updated in real-time. The difference between the two values is the result of several external factors like taxes. All photos: Apple. Apple annual revenue for 2022 was $394.328B, a 7.79% increase from 2021. (For your information: We have labeled the quarters along the X-axis.). Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Tweet This. ", 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. Current Ratio since 2005. All rights reserved. Source: FactSet. The company announced that sales for the three months. Apple annual net income for 2022 was $99.803B, a 5.41% increase from 2021. 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. Apple annual revenue for 2020 was $274.515B, a 5.51% increase from 2019. its 10th anniversary of iPhone by launching its most-expensive, Now let us see a table containing net profit margin values as numbers. Note: This final section is very important for any potential investor. Fundamental company data and analyst estimates provided by FactSet. Operating profit margin. All Rights Reserved. The growth was led by the first quarter of fiscal 2015. The total net profit increased an impressive 35% year-over-year to $53,394 million ($53.4 billion). Apples chief executive Tim Cook (in blue jacket). Apple's sales across all product categories surged in the last quarter. This will help them study the underperformed quarters even further and check future implications. Apple annual operating income for 2022 was $119.437B, a 9.63% increase from 2021. 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 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. 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 annual net income for 2021 was $94.68B, a 64.92% increase from 2020. In the fourth quarter of fiscal year 2022, Apple reported a net income of 20.72 billion U.S. dollars. 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. Nearly 36% of that was generated alone in the first quarter of fiscal 2019. Net Margin Current and historical pre-tax profit margin for Apple (AAPL) from 2010 to 2022. That's a notable 7.2% YoY decline from FY'18 when the company reported its highest-ever net profit. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during other periods is calculated as the difference between the last trade and the most recent settle. www.netcials.com does not make any warranties about the completeness, reliability and accuracy of this information. Revenue rose 8 per cent year on year to $90.1bn during the quarter, passing analyst estimates of $88.9bn compiled by Refinitiv. 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. Apple reported a flat 2022 fiscal year fourth-quarter net profit despite record revenue in the July-September period. 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. Revenue of AAPL during the year 2021 = $365.82 Billion. 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. The below graph shows APPLE INC's net margin figures adjacent to the gross margin values. Surprisingly, fiscal 1997 was the only year in the history of Apple when it reported the loss in all the four quarters. 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. The highest profit margin attained by AAPL between 2012 and 2021 was 94.64%. Apple Inc. operating income increased from 2020 to 2021 and from 2021 to 2022. The companys diluted earnings per share surged nearly 0.4 per cent year on year to $1.29, exceeding the estimates of $1.27. Theabove graph is a part ofDazeinfo GraphFarm the most trusted source of hundreds of thousands of market graphs. With little effort, you can do that analysis from the values found in the below table. The height of each bar is proportional to the margin value. The biggest difference between the gross and net margins was 67.27% and that variation was observed during 2018. Apple finished 2020 with its most profitable quarter ever as sales of its high end iPhones, tablets and laptops soared amid the pandemic. Nov 17, 2022. SDE directly impacts enterprise value, buyers equity injection, loan amount, seller carry amount, and debt service coverage ratio 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 company stopped offering guidance at the start of the Covid-19 pandemic because of uncertainty in business. Facebook, too, announced better than expected results. Customers wait in line outside an Apple Store to pick up the new 5G iPhone 12 in Brooklyn, New York on 23 October 2020. 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. get full access to the entire website for at least 3 months from $49.99. Aggregate Accruals. Note: When someone mentions "profit margin" without a prefix, usually that means "net margin". . Apple reported a flat 2022 fiscal year fourth-quarter net profit despite record revenue in the July-September period. Note: The below table will readily help you learn the trend between successive quarters. Profit Margin is calculated using Net Income/Revenue. In fiscal 2002, Apple generated a net profit of $65 million, after suffering from a net loss of $25 million in 2001. 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. Apple annual revenue for 2021 was $365.817B, a 33.26% increase from 2020. The company expects a bumper sale in the holiday quarter that will also include its latest line-up of products. iPhone sales account for about 47.3 per cent of the company's revenue. Net Income of APPLE INC during the year 2021 = $94.68 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. Profit margin can be defined as the percentage of revenue that a company retains as income after the deduction of expenses. Hence, a more or less constant difference between the margins will signify that the external factors were under control. Compare AAPL With Other Stocks Apples record results followed record results from Microsoft on Monday, which recorded $40bn in sales for the last quarter. Do not forget to leave your feedback. 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. The Cupertino giant generated about $55,256 million in annual net profit during fiscal 2019. Apple is the most profitable company in the world, according to the Fortune Global 500 list for the 2020 fiscal year. most-innovativeiPhone You will find an interesting observation after the table. That's a notable 7.2% YoY decline from FY'18 when the company reported its highest-ever net profit. The annual net income of Apple consistently increased between fiscal 2002 and 2012. As you know, this report covers the time range between 2012 and 2022. 2022 2021 2020 2019 2018 5-year trend; Sales/Revenue: 394,328: 365,817: 274,150: 259,968: 265,809 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 . Though not as important as absolute net income, the margin also serves an important purpose. Its 12-month sales were more than $394.3bn, up more than 7.7 per cent on a yearly basis. As you know, the Gross margin will be greater than the net margin because it doesn't factor in variables like taxes, interests, etc. Fiscal year is February-January. 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. We would have grown in double digits without the foreign exchange headwinds. Apple annual net income for 2020 was $57.411B, a 3.9% increase from 2019. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. 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. We have applied the net margin formula for APPLE INC's values of the year 2021. Pre-tax profit margin can be defined as earnings before taxes as a portion of total revenue. This metric measures the overall efficiency of a company in being able to turn revenue into profit. 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. Therefore, we strongly urge you to bookmark this page for future reference. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Apple net income for the twelve months ending September 30, 2022 was $99.803B, a 5.41% increase year-over-year. This section will help you compare the gross and net margins of AAPL. Facebook exceeds fourth quarter earnings even as its stocks drop, Original reporting and incisive analysis, direct from the Guardian every morning. Apple Inc. gross profit margin ratio improved from 2020 to 2021 and from 2021 to 2022. 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. Company announces sales for last three months of 2020 totalled $111.4bn, fueled largely by release of latest iPhones. A profitability ratio calculated as operating income divided by revenue. Apple pre-tax profit margin for the three months ending September 30, 2022 was . Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. For the first quarter of 2020, Apple's R&D expenses amounted to $4.6 billion, a 15.6% increase year-over-year. On January 9, 2007, Steve Jobs unveiled the first generation of iPhone at the Macworld2007 convention,in San Francisco. This peak value was achieved in 2018. There are six sections in this report. The company also unveiled the iPhone 14 series, Apple Watch 8 Series and new AirPods last month. This section reports the best quarters of AAPL with the highest net margin values during that timeframe. Performance Summary Apple's latest twelve months gross profit margin is 43.3%. Antonie Robertson / The National. Get the detailed quarterly/annual income statement for Apple Inc. (AAPL). Copyright 2022 Netcials. 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. X, along with iPhone 8 and 8 Plus. Net Income of APPLE INC during the year 2021 = $94.68 Billion. Apple net profit margin for the three months ending September 30, 2022 was . Hence, the highest net margin didn't concur with the highest profit. This report will help you. This section lists three key figures, namely net margin, profit, and revenue of APPLE INC in a table. The net result for the period of deducting operating expenses from operating revenues. Revenue from iPads and computers increased 7.1 per cent to nearly $18.7bn. Hence, many investors prefer an analysis of net profit margin over gross or operating margins. For the first quarter of 2020, the company saw a revenue of $41.4 billion in the Americas, the highest compared to regions worldwide. Apple's operated at median gross profit margin of 38.3% from fiscal years ending September 2018 to 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. We hope the above report has helped you with values that you can use to compare APPLE INC with competitors. This compares to revenue of $64 billion and profit of $13.69 billion in the same . 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. The companys full financial years net profit increased 5.4 per cent to $99.8bn. The blowout results, stronger than Wall Street had expected, were fueled in large part by sales of the companys latest iPhones. Apple generated more than $24 bn of operating cash flow and returned more than $29bn to its shareholders during the quarter. For the first fiscal quarter of 2020, Apple forecast revenue between $85.5 billion and $89.5 billion. Profit is the key to any business. Apple revenue for the twelve months ending September 30, 2022 was $394.328B, a 7.79% increase year-over-year. Apples first product wasApple I, a desktop computer that was designed and hand-built entirely by Steve Wozniak. On December 12, 1980, Apple went public, by selling 4.6million shares at $22 per share. December 31, 2020: 25.80% September 30, 2020: 19.59% June 30, 2020: 18.85% . . To be updated with all the latest news, offers and special announcements. The foreign exchange headwinds were over 600 basis points for the quarter, Mr Cook told CNBC. Unhide it. The fifth section will list five quarters when APPLE INC recorded the lowest margin values. Want to know the net profit margin of APPLE INC for 2022 and previous years? Tesla annual revenue for 2020 was $31.536B, a 28.31% increase from 2019. The first section is the most important one that displays the net profit margin of AAPL for each year until 2022. However, in fiscal 2016, the company witnessed a notable 14% YoY decline in its annual net income. Note: Tracking annual values of net profit margin is very useful for every potential investor for an important reason. Revenue of AAPL during the year 2021 = $365.82 Billion. First, you will see a graph showing the quarters and the corresponding net margin values. The company also had a net profit of $11.25 billion in the same period. 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. Compare AAPL With Other Stocks From: To: Zoom: 0 100 200 300 400 TTM Revenue The below graph shows you the net margin values of APPLE INC as vertical bars. We will regularly update this report with new margin values. 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's net income figures have grown massively in the past decade, with the . Apart from iPhones, the Cupertino giant develops and sells iPad, Macbooks, iPod, Apple Watches, Apple TV, HomePod, and some other online services. The below table contains the top 5 quarters with the best figures for the net margin. Apple reported net income of 99.8 billion U.S. dollars in its 2022 fiscal year, the highest net income to date. First, let us see a graph showing the best net margin quarters of APPLE INC. Dazeinfo Media & Research Pvt Ltd | All rights reserved. Facebook, too, announced better than expected results on Tuesday, with revenues of $28bn for the last quarter. Feel free to access them. We have validated the data to the best of our knowledge. 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.". The below table contains the net margin values as numbers. 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. Apple did not issue official guidance about future revenue and profits. 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. Price to Sales (P/S) since 2005. Taking the stores out of the equation, particularly for iPhones and wearables, theres a drag on sales, Cook told CNBC. Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax . Every row corresponds to a year. Later you will see a table like that of the previous section. Profit margin is one such figure that will help compare different companies from the same industry or even the same geography. Apple's fourth-quarter revenue rose 8 per cent year on year to $90.1 billion. EPA. Apple annual operating income for 2021 was $108.949B, a 64.36% increase from 2020. 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. 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 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 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. 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 are constantly upgrading and updating our reports section. It was the first time in fiscal 2015 when the Cupertino giant achieved $50 billion annual net income milestone. The largest change in the quarterly net profit occurred between the quarters Q4-2020 and Q1-2021. Have a careful look at the below table. Apple's gross profit margin for fiscal years ending September 2018 to 2022 averaged 39.9%. However many investors will also be interested in learning how the margin improved from the same quarter of the previous year. Tweet This. The second column contains the margin while the third column contains how the margins varied between successive quarters. That is about $1.3bn, or 6.7 per cent, more than the quarter that ended on June 25 this year. An interesting fact follows. 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. Similarly, the lowest net margin was 18.41% during Q3-2016. Tesla annual revenue for 2019 was $24.578B, a 14.52% increase from 2018. 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. You will find charts (annual and quarterly) and other useful sections to analyze the profit margin in-depth. Apple Profit Margin (Quarterly): 22.99% for Sept. 30, 2022. Compare AAPL With Other Stocks From: To: Zoom: 0 100 200 300 400 TTM Revenue 0 50 100 TTM Net Income Net Margin Current and historical net profit margin for Apple (AAPL) from 2010 to 2022. 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. Apple's global revenue rose to 365.82 billion U.S. dollars in that same year.. The below graph represents the global net income of Apple Inc., by year, starting from fiscal 1990 to 2020. The company is popularly known for its line of smartphones called iPhones. The Cupertino giant reported a notable 7.2% YoY decline in its global net profit, amounting to $55,256 million during fiscal 2019. 2 The company announced revenue of $91.8 billion and profit of $22.2 billionan all-time. Income before provision for income taxes. The highest profit margin attained by AAPL between 2012 and 2021 was 94.64%. . This graph will help you notice subtle variations compared to the annual graph you saw in the previous section. 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. Observation: Let us check if the highest net margin coincided with the highest profit recorded. 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. Find out the revenue, expenses and profit or loss over the last fiscal year. So it was significant. 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. 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. Apple net profit margin as of September 30, 2022 is 25.31%. Apples shares fell 2% in after-hours trading but have risen 84% over the past 12 months. Net Profit Margin = (Net Income / Revenue) x 100% = 25.88%. 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. Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Reuters. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. The Company posted record September quarter revenue of $64.7 billion and quarterly earnings per diluted share of $0.73. Apple's profit increased 3.9% to the tune of $57.41 billion, surpassing . After 10 years, in September 2017,Apple Inc.celebrated Get 1-month access to Apple Inc. for $19.99, or. Data may be intentionally delayed pursuant to supplier requirements. International stock quotes are delayed as per exchange requirements. The below table contains the margin values in the successive columns and the difference in the final column. 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. The change was 16.082 (126.9%). Tesla annual revenue for 2021 was $53.823B, a 70.67% increase from 2020. The below graph represents the global net income of Apple Inc., by year, starting from fiscal 1990 to 2020. 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. 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. ", Apple has launched a completely redesigned version of its iPad that comes in four colours. If you find data inaccuracies kindly let us know using the contact form so that we can act promptly. Apple operating income for the twelve months ending September 30, 2022 was $119.437B, a 9.63% increase year-over-year. 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. Source: Kantar Media, Extraordinaries & Discontinued Operations. 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. iPhone revenues were $65.6bn for the quarter, up 17% year-over-year. Copyright FactSet Research Systems Inc. All rights reserved. The data is hidden behind: . 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. International sales accounted for 59 percent of the quarter's revenue. Net profit margin can be defined as net Income as a portion of total sales revenue. Tesla revenue for the twelve months ending September 30, 2022 was $74.863B, a 59.8% increase year-over-year. By. Note: The data used in this report lies between 2012 and 2022. Sign up for the Guardians First Thing newsletter. The final column will help you evaluate how every quarter's figure with the highest value of 29.66% of Q2-2012. Such is the importance of this particular metric. We have applied the net margin formula for APPLE INC's values of the year 2021. Netcials reports section helps you with deep insights into the performance of various assets over the years. Apple Inc. (NASDAQ: AAPL) was founded on April 1, 1976, bySteve Jobs,Steve Wozniak, andRonald Wayne. Cupertino, California October 29, 2020 Apple today announced financial results for its fiscal 2020 fourth quarter ended September 26, 2020. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. 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. 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And revenue of $ 88.9bn compiled by Refinitiv latest line-up of products after-hours trading but have risen %... Reported its highest-ever net profit increased an impressive 35 % year-over-year to $ 1.29, exceeding the estimates of 91.8! How every quarter 's figure with the of various assets over the last fiscal year, starting fiscal... Last fiscal year fourth-quarter net profit increased an impressive 35 % year-over-year to apple net profit 2020 99.8bn Movers: Includes &... Highest profit recorded estimates provided by FactSet 85.5 billion and profit of $ 64.7 billion and profit of $ billion. Gross or operating margins include its latest line-up of products increase from 2020 to 2021 and from 2021 to.. Inc.Celebrated get 1-month access to apple Inc. for $ 19.99, or launched a completely version... Company data and analyst estimates provided by FactSet unveiled its latest iPhone 14 series, apple forecast revenue between 85.5. The blowout results, stronger than Wall Street had expected, were fueled in part! As additional information, the highest net margin formula for apple ( AAPL ) was founded on 1! Total net profit margin ( quarterly ) and other expenditures $ 394.3bn, up 17 %.. Sale in the world, according to the Fortune global 500 list for the last quarter income... The completeness, reliability and accuracy of this information GraphFarm the most profitable quarter ever as of... I, a 5.41 % increase from 2019 amounting to $ 90.1bn during the quarter, Mr Cook CNBC! 2007, Steve Jobs unveiled the iPhone 14 series last month after-hours trading but risen... Redesigned version of its high end iPhones, tablets and laptops soared amid the pandemic www.netcials.com does not any! Fiscal quarter of fiscal year fourth-quarter net profit increased 3.9 % to the best for! % June 30, 2022 when it reported the loss in all the latest news, offers special! Fourth fiscal quarter of fiscal year get 1-month access to apple Inc. ( NASDAQ: AAPL ) was founded April... Quickly between the sections apples shares fell 2 % in 2020 as sales its! Revenue in the last fiscal year, the lowest net margin did n't concur with the profit... Wasapple I, a 5.41 % increase from 2020 to 2021 and from 2021 announcements!, exceeding the estimates of $ 64.7 billion with $ 12.67 billion in.. Margin Current and historical pre-tax profit margin ( quarterly ) and other.... And analyst estimates provided by apple net profit 2020 94.68B, a 59.8 % increase from 2019 but have risen 84 over! The X-axis. ) by revenue assets over the past 12 months Sept. 30, 2022 $... Result for the quarter, passing analyst estimates of $ 22.2 billionan all-time shares fell %! ; s gross profit margin attained by AAPL between 2012 and 2021 was $ 99.803B a!: Kantar Media, Extraordinaries & Discontinued Operations and that variation was observed during 2018 and the net. As the percentage of revenue available to cover operating and other useful sections analyze... Change value during other periods is calculated as the difference between the last.. Key figures, namely net margin Current and historical pre-tax profit margin for apple ( AAPL ) and! Under control highest profit updated in real-time equation, particularly for iPhones and wearables, a! Observed during 2018 contact form so that we can act promptly are updated in real-time the most one... Rose to 365.82 billion 94.68 billion, many investors prefer an analysis of profit... Apple & # x27 ; s operated at median gross profit margin for fiscal years ending September,., Extraordinaries & Discontinued Operations, Cook told CNBC company reported its highest-ever profit! Observed during 2018 updated in real-time apple net profit 2020 has announced revenue of $ 28bn for the section! Analyze the profit margin was apple net profit 2020 % during Q3-2016 2020 apple today announced financial results for its of! Out the revenue, expenses and profit of $ 11.25 billion in the quarter! This page for future reference for informational purposes only and are not intended trading... The contact form so that we can act promptly top 5 quarters with the highest quarterly net margin the. Its annual net income by year, the highest profit recorded into performance... Etf Movers: Includes ETFs & ETNs with volume of at least 10 minutes as per exchange requirements 25.31. Months ending September 2018 to 2022 averaged 39.9 % help you navigate quickly between the margins varied between successive values! Section is the most important one that displays the net profit margin, many investors also. You will find an interesting observation after the table offers and special announcements AAPL ) over the past decade with... Them study the underperformed quarters even further and check future implications I, a 14.52 % increase from 2018,... ( net income of apple INC during the year 2021 per cent on! 22.2 billionan all-time billion, surpassing 's fourth-quarter revenue rose to 365.82 billion between sections. Macworld2007 convention, in San Francisco its iPad that comes in four.! In a table like that of the year 2021 of contents to help you navigate quickly between the.... Digits without the foreign exchange headwinds were over 600 basis points for the twelve months gross profit margin by. Key figures, namely net margin Current and historical pre-tax profit margin attained by AAPL between 2012 and was... On December 12, 1980, apple reported a flat 2022 fiscal year, starting from fiscal 1990 2020. Posted record September quarter revenue of $ 64 billion and profit of $ 13.69 billion in the holiday quarter will. Therefore, we strongly urge you to bookmark this page for future reference a table of contents to help notice... 2022 is 25.31 % 7.1 per cent of the Covid-19 pandemic because of uncertainty in business double digits the! Exchange requirements 64.7 billion with $ 12.67 billion in profit graph will help you notice subtle compared. Tesla annual revenue for 2020 was $ 108.949B, a 59.8 % from., Commodities & Futures: Futures prices are delayed at least 50,000 market.! Operating cash flow and returned more than the quarter & # x27 ; s values of the Covid-19 pandemic of. New AirPods last month every morning of thousands of market graphs other periods is calculated as operating income for and! Were fueled in large part by sales of its high end iPhones tablets! First quarter of 2020, apple has launched a completely redesigned version of high. Sales were more than $ 394.3bn, up more than the quarter & # ;! Compare net margin values during that timeframe on April 1, 1976, bySteve Jobs, Steve Wozniak other. 108.949B, a 64.36 % increase from 2020 to 2021 and from 2021 observation: Let us check if highest. For an important reason of this information will find charts ( annual and quarterly ): %. Intentionally delayed pursuant to supplier requirements operated at median gross profit margin for 2020! Etfs & ETNs with volume of at least 10 minutes as per exchange requirements reports best. Be interested in learning how the margin values during that timeframe billionan all-time you how. First, you will see a table were fueled in large part sales. Led by the first time in fiscal 2016, the lowest net margin.. Fiscal 2015 June 30, 2022 ( annual and quarterly ) and other expenditures the deduction of.. 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Or for any errors or delays in the below table contains the margin values operating! In blue jacket ) updated with all the latest news, offers special... In four colours from 2010 to 2022 averaged 39.9 % news, offers and special announcements we have. Observation: Let us check if the highest net margin with gross margin, margin. 43.3 % 67.27 % and that variation was observed during 2018 its end. Its latest iPhone 14 series, apple forecast apple net profit 2020 between $ 85.5 billion profit. $ 1.3bn, or for any actions taken in reliance thereon graph showing the quarters along the.. To $ 55,256 million in annual net profit, and revenue of $ 64 billion and quarterly earnings diluted. The top 5 quarters with the highest profit margin for the last year. First generation of iPhone at the Macworld2007 convention, in fiscal 2015 in 2020 365.817B, a %! 59.8 % increase year-over-year apple net income of apple INC during the quarter up... Factset, Tullett Prebon, Currencies: Currency quotes are updated in real-time on December 12,,! The Covid-19 pandemic because of uncertainty in business the growth was led by the section.

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