Mr. Guthrie concluded that no other country could offer the scale, skills, infrastructure and government assistance that Apple required. Switching our focus to continents, European countries sold the highest dollar worth of exported fresh apples during 2021 with shipments valued at $2.9 billion or 38.3% of the worldwide total. Since it launched in 2015, Apple Watch has led the smartwatch market with over 50% market share. !function(e,i,n,s){var t="InfogramEmbeds",d=e.getElementsByTagName("script")[0];if(window[t]&&window[t].initialized)window[t].process&&window[t].process();else if(!e.getElementById(n)){var o=e.createElement("script");o.async=1,o.id=n,o.src="https://e.infogram.com/js/dist/embed-loader-min.js",d.parentNode.insertBefore(o,d)}}(document,0,"infogram-async"); Apple has always been most successful in the United States, its home country. AirPods were next, which paved the way for wireless headphones to become mainstream. Construction for Apples $1 billion Austin campus is underway, with employees expected to start moving into the space next year. The stores themselves have been described as being a temple for the Apple brand and they have been credited with dramatically raising its profile. To foster innovation and growth in the sector, Apple launched its $5 billion Advanced Manufacturing Fund in 2017. Apple's CEO Tim Cook is estimated to have a net worth of $1 billion. Apple has switched its focus to services and other long-term revenue sources, as customers keep their phones for longer. The Greater China segment comprises of China, Hong Kong, and Taiwan. Apple total number of employees in 2021 was 154,000, a 4.76% increase from 2020. 6 February 2013 - Apple announces iTunes touched a milestone of around 25 billion songs sold. We estimate AirPods is a $10 billion business on its own, with Apple Watch also potentially contributing between $14 billion to $18 billion a year. Apple has proven to be highly successful at such expansions. But China would not approve the use of the Thales devices, according to two employees. Apple Inc. leads all public companies with a $2.08 trillion market cap. In early 2018, Guo Wengui, an exiled Chinese billionaire, was spending much of his time in Manhattan trying to broadcast his claims of corruption inside the Communist Party. Apple pulled the app and began investigating. Even though the PC market saw higher sales in 2020, for the past decade it has been in gradual decline. According to Apples 2018 press release, the company contributed nearly $55 billion to the US economy and estimates it will contribute $350 billion more in the next five years. While sales dropped in 2021, the launch of higher-end iPads meant more revenue per sale. A businesss expansion into a new market should always be based on the local culture and sentiment. The Apple data center in Guiyang as seen in a satellite image. Apple is carbon neutral for all of its operations in the US and around the world, and last year committed to be 100 percent carbon neutral for its entire supply chain and products by 2030. Can we put the necessary pieces in place to prevent that ASAP.. Similar steps were taken in places like Saudi Arabia and Russia, he said. Then you can access your favorite statistics via the star in the header. Apple will also establish a $100 million fund to support schools and community initiatives in the greater Raleigh-Durham area and across the state, and will be contributing over $110 million in infrastructure spending to the 80 North Carolina counties with the greatest need funds that will go toward broadband, roads and bridges, and public schools. Those exchanges immediately behind Apple are theFrankfurt Stock Exchange, South Korea Stock Exchange, Stockholm Stock Exchange, and Swiss Stock Exchange., The U.S. governments expenses far exceed its revenue generation, leading to a burgeoning budget deficit which has been a subject of hot political debates. Apple invested $6 billion into TV+ in 2019, a huge gamble in a market with Netflix, Amazon and Disney all competing for eyeballs. In a last ditch effort to save the company, Apple acquired Jobs company NeXT and installed him as advisor and then CEO. Does Statista also create infographics in a customized design? In comparison to iPhone, iPad and Mac, Apples services revenue has increased year-on-year. In the US and Europe, Apple has reached a saturation point. world relating to economic and political issues as well as Important people put their reputations on the line. Under the new setup, Chinese authorities ask GCBD not Apple for Apple customers data, Apple said. Indian smartphone and laptop users generally avoid paid entertainment services. already surveil their citizens in myriad other ways, what Mr. Cook suggested in a 2018 interview. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, eHealth - Gesundheits-Konsumenten-Apps im Apple Store nach Zielgruppe 2013, eHealth - Gesundheits-Konsumenten-Apps im Apple Store nach Therapiegebiet, eHealth - Anzahl der Gesundheits-Konsumenten-Apps im Apple Store nach Funktionalitt, eHealth - Gesundheits-Konsumenten-Apps im Apple Store entlang des Behandlungspfads, eHealth - Anzahl der Gesundheits-Apps im Apple Store nach Nutzer 2013, eHealth - Gesundheits-Konsumenten-Apps im Bereich psychische Gesundheit 2013. Note: Apple stopped reporting Mac sales in Q4 2018. A paid subscription is required for full access. Apple is still contending with a $14 billion unpaid tax charge. Chinese iPhones censor the emoji of the Taiwanese flag, and their maps suggest Taiwan is part of China. Twenty years later, Apple now has 510 stores across 25 countries and territories. The UK comes third for Apple Stores with 38. In 2022, it generated $394.3 billion in revenue. The Chinese government was starting to pass laws that gave the country greater leverage over Apple, and Mr. Guthrie said he believed Mr. Xi would soon start seeking concessions. In the companys 2018 press release, CEO Tim Cook said, Apple is a success story that could only have happened in America, and we are proud to build on our long history of support for the US economy. He added, We believe deeply in the power of American ingenuity, and we are focusing our investments in areas where we can have a direct impact on job creation and job preparedness. It has received 4018 citations so far from companies like HTC, Microsoft, Huawei, and Motorola. Apple total number of employees in 2022 was 164,000, a 6.49% increase from 2021. 10 Best Apple Patents US6323846B1 is the most popular patent in the Apple portfolio. More than 600 news apps also disappeared. Guo Wengui, an exiled critic of Chinas government, in 2017. The latest news and updates, direct from Apple. Phillip Shoemaker, who ran Apples App Store from 2009 to 2016, said in an interview that Apple lawyers in China gave his team a list of topics that couldnt appear in apps in the country, including Tiananmen Square and independence for Tibet and Taiwan. My own view very strongly is: You show up and you participate. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. In every other country combined over that period, Apple approved 40 percent of requests, removing 253 apps. Apples iCloud service allows customers to store some of their most sensitive data things like personal contacts, photos and emails in the companys data centers. The Europe segment consists of European countries, as well as India, the Middle East, and Africa. Censorship, Surveillance and Profits: A Hard Bargain for Apple in China, https://www.nytimes.com/2021/05/17/technology/apple-china-censorship-data.html. The Market Value of Some Stock Exchanges, 4. In August 2018, Apple Inc. (AAPL) became the world's first company to record a market capitalization of $1 trillion and roughly two years later, became the first publicly traded U.S. company to surpass $2 trillion. As of March 15, 2021, Apple's market cap increased to $2.08 trillion. To put that staggering $2 trillion figure in context, we present five other huge things that the giant technology company is bigger than or comparable to in terms of value. If the app appeared to mention the banned topics, he would remove it, but he would send more complicated cases to senior executives, including Mr. dollars)." macOS, iOS, iPadOS, tvOS, watchOS, CarPlay, HomePod, Windows, Android, Chrome OS, Amazon Echo, Sonos, and web More Music & Audio App Data Clubhouse Revenue and Usage Statistics (2023) It has created more than 2 million jobs to date and intends to add 20,000 more over the next five years. Opinions expressed by Forbes Contributors are their own. Today, the App Store supports more than 2.1 million US jobs across all 50 states. Like China, it has more than one billion potential users. Even though Apple device sales have stagnated in the past few years, it has added more active iPhone users every year. But those R&D centers complicated Apples image as a California company. Today, some 20 years on from the opening of the two stores, Apple boasts a physical retail empire of some 500 establishments, more than half of which are in the United States. Cupertino, California Apple today announced an . New Apple Music subscribers in the 52 additional countries can enjoy a six-month free trial of the service, with locally curated playlists including Africa Now, Afrobeats Hits, Ghana Bounce, and more. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. Awards from the fund have led to breakthrough innovations in laser technology, sustainable material development, 5G infrastructure, and other cutting-edge fields. In Q1 2022, Apple's iPhone sales accounted for 57.8% of the company's overall revenue. The Apple iPad Pro and Apple iPad Air stand atop Apple's tablet lineup. The nations with GDP figures immediately below $2.08 trillion are Italy, Brazil, and Canada., Moreover, the World Bank compiles GDP data for 263 countries, regions, or collections of countries with similar characteristics. Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022 (in billion U.S. dollars) [Graph]. All other regions have been steady in terms of sales. Yes, Statista allows the easy integration of many infographics on other websites. Some analysts see it as the most important segment of the company, potentially reaching $50 billion in profit by 2025. Apple employs a strong workforce of 22,000 in the European region. Most importantly, Chinas digital infrastructure is already in place, much like the Wests. In fact, only seven countries in the world have a higher GDP than Apple's market cap. The Rest of Asia Pacific segment includes Australia and Asian countries. Chinas leader, Xi Jinping, is increasing his demands on Western companies, and Mr. Cook has resisted those demands on a number of occasions. Hotly anticipated after the success of the iPhone, the iPad made an immediate mark, adding $19 billion to Apples revenue in the first year. While still behind Google Assistant and Amazon Alexa, Siri is catching up. So Mr. Cook agreed to move the personal data of his Chinese customers to the servers of a Chinese state-owned company. In the three years before Chinas cybersecurity law went into effect, Apple never provided the contents of a users iCloud account to the Chinese authorities and challenged 42 Chinese government requests for such data, according to statistics released by the company. 2023 Apple has tried to expand its chain of contracted manufacturers to other Asian countries such as . People may receive compensation for some links to products and services on this website. proper attribution to Statista. Sources: Above Avalon, Apple, BMO Capital Markets. ", Congressional Budget Office. It was bad news for Apple, which had staked its reputation on keeping customers data safe. It has also built out its subscription services to include music and video streaming, video games, fitness and cloud storage. Copyright As part of Apples commitment to American innovation and job creation, the company plans to create 20,000 new jobs over the next five years, including adding another 1,000 team members in Seattle. Apple said it removed Mr. Guos app in China because it had determined it was illegal there. Apple has been rather inactive in the smart TV market as well, with Roku and Amazon ahead it in units sold. The digital keys that can decrypt iCloud data are usually stored on specialized devices, called hardware security modules, that are made by Thales, a French technology company. Im convinced that they will have the ability to break into the servers.. Copyright Apple (AAPL) has officially reported its earnings for fiscal Q3 2021, covering the months of April, May, and June. Apple plans to store the personal data of its Chinese customers there on computer servers run by a state-owned Chinese firm. For a time, simply typing the word Taiwan could make an iPhone crash, according to Patrick Wardle, a former hacker at the National Security Agency. In response, he sued the company, accusing it of pushing him out to appease the Chinese government. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: When Steve Jobs returned to Apple as interim CEO in 1997, the company relied on PC and electronics stores for the bulk of its Macintosh sales. Apples news aggregation service may not responsible for much revenue generation for Apple or news providers but it has added more readers every year since launch. Apple has utilized different regions universal selling points in its favor, creating a win-win situation for itself and each region. Please do not hesitate to contact me. 28 May 2014 - Apple announces the purchase of Beats for around US$ 3 Billion. In November 2016, China approved a law requiring that all personal information and important data that is collected in China be kept in China. The offers that appear in this table are from partnerships from which Investopedia receives compensation. In addition, users have access to world-class music experts, tastemakers, and artist-led programs from globally celebrated creators including Virgil Abloh, Billie Eilish, Elton John, Pharrell, and more. We have never compromised the security of our users or their data in China or anywhere we operate, the company said. An Apple spokesman said that the company still controlled the keys that protect the data of its Chinese customers and that Apple used its most advanced encryption technology in China more advanced than what it used in other countries. His latest effort was an iPhone app in China that delivered those claims. Quarterly smartphone market share worldwide by vendor 2009-2022, Market share of mobile operating systems worldwide 2009-2022. The statement was deeply offensive to them, said Mr. Guthrie, who left Apple in 2019 to return to his home in Michigan. This is not the case for Apple, which has improved sales almost every year since 2009. Of the top 72 exchanges in the world, only 11 have market caps greater than Apple. There are just under 150 million active iPhone units in the United States, making Apple by far the most popular smartphone manufacturer and ahead of all Android device manufacturers combined. Apple plans to make new contributions of more than $430 billion in the US and add 20,000 jobs across the country over the next five years. Growing from its 2001 launch with a pair of stores in Tysons Corner, Virginia, and Glendale, California, Apple now has more than 500 retail locations all around the world. With Samsung and Huawei offering high-end specifications in budget phones, Apple has lost its appeal to the extensive Indian audience. As a Premium user you get access to the detailed source references and background information about this statistic. "How Much is Tim Cook Worth?". Since major Western countries have higher GDP per capita than most Asia-Pacific regions, premium consumer tech companies such as Apple report substantial sales in these countries. In the three years after the law kicked in, Apple said it provided the contents of an undisclosed number of iCloud accounts to the government in nine cases and challenged just three government requests. While there have been iterations and new models, this core has remained popular across a broad spectrum of professional customers. 9 September 2014 - Company launches wearable watch device - Apple Watch. Russias War On Ukraine: Daily News And Information From Ukraine, Sen. Feinstein Hospitalized With ShinglesStraining Democrats Narrow Majority, Football Head Injuries Could Impair Thinking And Memory For Decades, Research On Retired NFL Players Finds. In, Apple. The margin. But the iCloud data in China is vulnerable to the Chinese government because Apple made a series of compromises to meet the authorities demands, according to dozens of pages of internal Apple documents on the planned design and security of the Chinese iCloud system, which were reviewed for The Times by an Apple engineer and four independent security researchers. industries; and "Economy and Society", which In China, Apple has ceded legal ownership of its customers data to Guizhou-Cloud Big Data, or GCBD, a company owned by the government of Guizhou Province, whose capital is Guiyang. Copyright 2023 Market Realist. The conglomerate increased its funding from $1 billion to $5 billion to support innovation among American manufacturers. In 2019 the average U.S. per person consumption of all forms of apples had increased to about 26.3 pounds. Apple used more suppliers . The cybersecurity law went into effect in June 2017. Sources: Apple, Canalys, CNBC, Gartner, Strategy Analytics. The App Store, Apple Arcade, Apple Music, Apple Podcasts, and iCloud are now available to more customers around the world. Need infographics, animated videos, presentations, data research or social media charts? non-commercial websites. Sources: Counterpoint Research, TF International Securities, Strategy Analytics. People close to Apple suggested that the Chinese authorities often dont need Apples data, and thus demand it less often, because they already surveil their citizens in myriad other ways. You may opt-out by. The majority of subscribers are from the US, which is one of the few countries Apple is close to Spotify. Andy Leaver (@AndyLeaver) February 1, 2017 Apple does not break out its other categories, making it difficult to determine how much revenue each product is generating. EPS and Revenue estimates are for the next 12 months. U.S. law has long prohibited American companies from turning over data to Chinese law enforcement. How many countries is Apple Music available in? But which one works best for you? Corning is among the companies that have received awards from Apples Advanced Manufacturing Fund, designed to foster innovation and growth in the sector. Compared to the U.S., the world's largest economy with a GDP of $21.43 trillion in 2019, Apple's market cap represents 9.7%., Only 7 countries have annual GDP figures greater than Apple's market cap. This compensation may impact how and where listings appear. Services has seen the highest percentage increase over the past five years. International COVID-19 Stimulus and Relief, Biden to Seek New Taxes on Billionaires, Share Buybacks in Annual Address, National Debt: Definition, Impact, Key Drivers, Current U.S. Debt. the tech industry is showing some growth in Europe. Apple continues to break records with its performance, shattering the market cap ceiling in 2018 at $1 trillion and again in 2020, doubling to $2 trillion. Apple has improved the accuracy of its smart assistant year-on-year, according to Loup Ventures, which run yearly tests on all of the major mobile smart assistants. Under the direction of Deirdre O'Brien, Apple Stores are staffed by more than 70,000 team members and 3,000 Creative Pros. Part of that effort was new research and development centers in China. Latest Company & Industry Overviews News and Updates. When up and running, Apples investments are expected to generate over $1.5 billion in economic benefits annually for North Carolina. The development gave Chinese smartphone maker Huawei the chance to make its move. Jobs resigned from Apple in 1985 and the company saw a gradual decline over the 1990s, as it struggled to compete with Microsoft on software and Windows manufacturers on hardware sales. Apples $430 billion US investments include working with more than 9,000 suppliers and companies large and small in all 50 states. Americas is responsible for 43% of all revenue generation and approximately 40% of that is from the United States alone. In May 2016, Fortune, citing Morgan Stanley, reported, With per capita income of $1,570 as of 2014 and the average smartphone selling for less than $90, a third of the global average, Indias market growth is predominantly led by cheaper phones. Apples situation in China is looking dicey. Sources: Bloomberg, Statista. Mr. Guos media outlets have a history of peddling misinformation. The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. It has created more than 2 million jobs to date and intends to add 20,000 more over the next five years. In the 2021/2022 crop year, China was the leading producer of apples worldwide. Investopedia requires writers to use primary sources to support their work. Apple has tried to isolate the Chinese servers from the rest of its iCloud network, according to the documents. India is still uncharted territory for Apple. Number of apps that disappeared from the iOS App Store in China by month through February 2021. At a market cap of more than $2.1 trillion, Apple's market capitalization is larger than 96% of country GDPs, a list that includes Italy, Brazil, Canada, and Russia.. A total of 5.3 million Mac computers were sold during Q4 2018. Apple is known as the global leader in the tech industry, specifically for iPhones. Indian sentiment thrives on budget spending. The Chinese network would be established, managed, and monitored separately from all other networks, with no means of traversing to other networks out of country. Two Apple engineers said the measure was to prevent security breaches in China from spreading to the rest of Apples data centers. Chinese officials say their cybersecurity law is intended to protect Chinese residents data from foreign governments. Dollars). At a summit for its new Chinese engineers and designers, Apple showed a video that ended with a phrase that Apple had been inscribing on the backs of iPhones for years: Designed by Apple in California.. We hope our customers can discover their new favorite apps, games, music, and podcasts as we continue to celebrate the worlds best creators, artists, and developers.. Inside, Apple was preparing to store the personal data of its Chinese customers on computer servers run by a state-owned Chinese firm. Market Realist is a registered trademark. The Americas segment includes North and South America. Apple said it fired Mr. Pham because of poor performance. If the products were designed in California, they shouted, then what were they doing in China? (October 27, 2022). Working in the interest of the nations future, Apple is supporting education in coding, technology, science, the arts, and math. As a subscriber, you have 10 gift articles to give each month. The company was founded by Steven Paul Jobs, Ronald Gerald Wayne, and Stephen G. Wozniak on April 1, 1976 and is headquartered in Cupertino, CA. The Chinese government regularly demands data from Chinese companies, often for law-enforcement investigations. "He also shut down 10 of the 19 Apple warehouses to limit overstocking." It traces its origins back to 1997 when Steve Jobs returned to the company as interim CEO. As of May 2021, there are 271 Apple Stores around the U.S. while China (including Hong Kong and Macau) has the second highest total with 50. Read on as we dissect how these devices compare. Astonishing Apple Statistics Apple sold 1.3 billion devices in 2018. In 2018, Apple broke the record to become the first company to record a $1 trillion market capitalization. 25 countries Over the years, Apple has expanded the number of retail locations and its geographical coverage, with 512 stores across 25 countries worldwide as of June 24, 2021, when the new flagship store at Via del Corso in Rome opened.
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