S ome 36 additional countries will receive shipments of Apple's iPhone 6 this month, with over 115 countries on track to get the big-screen . The company has provided battery replacement options for longer device usage. In 2022, it generated $394.3 billion in revenue. Services has seen the highest percentage increase over the past five years. The Apple data center in Guiyang as seen in a satellite image. Two decades ago, as Apples operations chief, Mr. Cook spearheaded the companys entrance into China, a move that helped make Apple the most valuable company in the world and made him the heir apparent to Steve Jobs. Your choice is: Do you participate? With iPhone and iPad sales not likely to see much significant movement, Apple sees services as a way to continue growing. Apple (AAPL) has officially reported its earnings for fiscal Q3 2021, covering the months of April, May, and June. Censorship, Surveillance and Profits: A Hard Bargain for Apple in China, https://www.nytimes.com/2021/05/17/technology/apple-china-censorship-data.html. Wow - Apple's $246B cash hoard is more than the GDP of Finland ($239B), Chile ($234B), Bangladesh ($226B) and 145 other countries. The Combined Net Worth of the World's 18 Richest People. iPhone continues to be the main revenue generator, but its percentage has decreased in the past five years. Of these, 216, or 97.3%, generate less than $2.08 trillion in annual GDP.. Or do you stand on the sideline and yell at how things should be? he said at a conference in China in 2017. However, we know Watch, AirPods and Beats are the three key products in this segment. Apple, he realized, had no Plan B. Twenty years later, Apple now has 510 stores across 25 countries and territories. So were apps that allowed users to message privately, share documents and browse websites the Chinese government had blocked. It said that Mr. Pham, the app reviewer, should have sent the app to Apples Chinese language specialists, who had been trained on which topics to block in the Chinese App Store, including Mr. Guo. Chinese law requires the companies to comply. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. For the first time seriously, Los Blancos are the subject of a new, fly-on-the-wall documentary releasing on March 10. President Xi Jinping of China, lower left, greeting Apples chief executive, Tim Cook, in 2015. The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. 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.. When publishing one of these graphics, A Times analysis found that tens of thousands of apps have disappeared from Apples Chinese App Store over the past several years, more than previously known, including foreign news outlets, gay dating services and encrypted messaging apps. This business model only really fits and works in China, Mr. Guthrie said in an interview. Apple commits $430 billion in US investments over five years. One of his first research projects was Apples Chinese supply chain, which involved millions of workers, thousands of plants and hundreds of suppliers. Apple plans to store the personal data of its Chinese customers there on computer servers run by a state-owned Chinese firm. Apple recently required its Chinese customers to accept new iCloud terms and conditions that list GCBD as the service provider and Apple as an additional party. Apple told customers the change was to improve iCloud services in China mainland and comply with Chinese regulations., The terms and conditions included a new provision that does not appear in other countries: Apple and GCBD will have access to all data that you store on this service and can share that data between each other under applicable law.. Note: Apple stopped reporting iPhone sales in Q4 2018. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Apple encrypts customers private data in its iCloud service. Its success has inspired competitors such as Samsung, Xiaomi and Huawei to pursue a similar strategy and open their own physical retail stores. current data from the United States and around the Tim Cook, Apples chief executive, has said the data is safe. Chinese workers assemble nearly every iPhone, iPad and Mac. The Chinese employees were angered, according to Mr. Guthrie and another person in the room. While still behind Google Assistant and Amazon Alexa, Siri is catching up. To foster innovation and growth in the sector, Apple launched its $5 billion Advanced Manufacturing Fund in 2017. store the personal data of its Chinese customers, killing of 14 people in San Bernardino, Calif. improve iCloud services in China mainland and comply with Chinese regulations. In 2018, Apple broke the record to become the first company to record a $1 trillion market capitalization. [Online]. 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. [n 1] The iPhone maker will have to recognize the Indian populations style of smartphone usage. ", Congressional Budget Office. The accelerated commitment will fund a new North Carolina campus and job-creating investments in innovative fields like silicon engineering and 5G technology. Apple employs a strong workforce of 22,000 in the European region. Key takeaways: Apple is the world's most valuable brand, worth $263.4 billion as of 2021. You only have access to basic statistics. Even though the PC market saw higher sales in 2020, for the past decade it has been in gradual decline. In an initial agreement between Apple and Chinese officials, the location of the keys was left intentionally vague, one person said. Apple abandoned the encryption technology it used elsewhere after China would not allow it. It has created more than 2 million jobs to date and intends to add 20,000 more over the next five years. It was a difficult environment considering the success cheaper Windows-based platforms were enjoying at that time. Most of those apps have remained available in other countries. Access to this and all other statistics on 80,000 topics from, Show sources information It has received 4018 citations so far from companies like HTC, Microsoft, Huawei, and Motorola. The country has more than one billion potential users plus a cost-effective product manufacturing arena. Note: 2021 is a projection. The development gave Chinese smartphone maker Huawei the chance to make its move. Apple Inc. All rights reserved. Get full access to all features within our Business Solutions. Please do not hesitate to contact me. Steve Jobs, the founder and CEO, was one of technologys first rockstars, able to sell hardware as more than a tool for work. Although Amazon posts great marks, it is not bigger than Apple. statistic alerts) please log in with your personal account. This compensation may impact how and where listings appear. Accessed March 04, 2023. https://www.statista.com/statistics/382175/quarterly-revenue-of-apple-by-geograhical-region/, Apple. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. That led to a project known inside Apple as Golden Gate.. As it stands, however, those companies will have a lot of work to do in order to match the global Apple Store empire. 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. But those R&D centers complicated Apples image as a California company. 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. More than 600 news apps also disappeared. Cupertino, California Apple announced that starting today, even more customers around the world can enjoy many of Apple's most popular Services. At that time, Apple relied on PC and electronics stores for the bulk of its sales where the Macintosh and PowerBook G3 went head-to-head with cheaper computers running Windows. already surveil their citizens in myriad other ways, what Mr. Cook suggested in a 2018 interview. Apple saw double-digit year-on-year growth in iPhone revenue from 2008 to 2015, but revenues stagnated for the five years afterwards. The Europe segment consists of European countries, as w Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. Chinas leader, Xi Jinping, is increasing his demands on Western companies, and Mr. Cook has resisted those demands on a number of occasions. Apple Inc. leads all public companies with a $2.08 trillion market cap. 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.. Apps that mapped users runs, edited selfies or taught sexual positions were removed. The quarterly periods for Apple's fiscal year include the following: early October to late December of the previous year (first quarter), early January to late March of the stated year (second quarter), early April to late June of the stated year (3rd quarter) and early July to late September of the stated year (4th quarter). Working in the interest of the nations future, Apple is supporting education in coding, technology, science, the arts, and math. Apple employees added his name to the companys internal Chinese App Store Removal wiki page, according to the documents, as well as a software program that would automatically tag any apps that mentioned him. Apple's biggest iPhone 15 upgrade comes with a nasty surprise Apple has increased costs for iPhone, iPad and MacBook owners worldwide Apple TV+ could be making a bid to live stream Pac-12 sports replacing ESPN & Fox. 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. The next iPhone didnt include the phrase. To make this many devices requires an incredibly complex and far-reaching supply chain. But which one works best for you? Part of that effort was new research and development centers in China. In fact, only seven countries in the world have a higher GDP than Apple's market cap. A company's net worth is calculated as its assets minus liabilities. Before his app even became available on iPhones, the Chinese government was trying to block it. And I do feel great about the growth rate.. Source: Company data. India is still uncharted territory for Apple. Apple is one of the biggest job creators in the US. Indian smartphone and laptop users generally avoid paid entertainment services. The cybersecurity law went into effect in June 2017. 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. Apple recently began disclosing how often governments demand that it remove apps. It launched Apple Watch in 2015, as an accessory to the iPhone which tracks various health and fitness metrics. Apple said that it sequestered the Chinese data centers because they are, in effect, owned by the Chinese government, and Apple keeps all third parties disconnected from its internal network. "The Real Time Billionaires List. How many countries is Apple Music available in? Only then can a strategy be outlined to penetrate the mainstream market. And competitors such as Samsung and OnePlus are threatening Apple in the premium smartphone category. Apples China team warned Mr. Cook that China could shut down iCloud in the country if it did not comply with the new cybersecurity law. The margin. Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022 (in billion U.S. dollars) [Graph]. According to a CNBC report in January, on India, Tim Cook said, I feel like were making good progress there and are gaining an understanding of the market, but we still have a long way to go, which I sort of see as an opportunity instead of a problem. Americas is responsible for 43% of all revenue generation and approximately 40% of that is from the United States alone. It has also introduced free software, Swift, to teach coding. Inside, Apple was preparing to store the personal data of its Chinese customers on computer servers run by a state-owned Chinese firm. Apples new data center in the Inner Mongolia region of China. Chinese iPhones censor the emoji of the Taiwanese flag, and their maps suggest Taiwan is part of China. Latest Company & Industry Overviews News and Updates. It offers personal computers, portable digital music players, and a variety of related software, services, peripherals, networking solutions, and third-party digital content and applications. Apple operates 512 retail stores in 22 countries. Six months later, Mr. Guo submitted his app again, with changes to elude Apples software. Use Ask Statista Research Service. Awards from the fund have led to breakthrough innovations in laser technology, sustainable material development, 5G infrastructure, and other cutting-edge fields.