Apple has rebalanced its revenue weighting from products to products and services. Need infographics, animated videos, presentations, data research or social media charts? We agreed to this timeline three years ago, said one slide. The UK comes third for Apple Stores with 38. But eight months later, the encryption keys were headed to China. Click to reveal The documents showed that Apples deadline to start storing data in the new Chinese data centers was June 2021. The Rest of Asia Pacific segment includes Australia and Asian countries. Raymond Zhong reported from Guiyang. They offer an extensive inside look many aspects of which have never been reported before at how Apple has given in to escalating demands from the Chinese authorities. Even with Apples shift in priorities from PC to mobile, Mac has remained a core part of the companys product portfolio. In public appearances, he has said that while he often disagrees with Chinas laws, the world is better off with Apple in China. Apple's net worth at the end of the fiscal year 2020 was $65.34 billion. Its market capitalization, however, is $2.08 trillion as of March 15, 2021. By 2004, Apple's new retail model raked in $1 billion in sales. Trieu Pham, an app reviewer in Cupertino, was assigned the app. Use Ask Statista Research Service. Apple has also surpassed its 2018 hiring commitments in Miami, New York, Pittsburgh, and Portland, Oregon. Note: Apple stopped reporting iPad sales in Q4 2018. Sometimes, Mr. Shoemaker said, he was awakened in the middle of the night with demands from the Chinese government to remove an app. Therefore, all Apple had to do was understand the market before it could start churning out profits. Tim Cook, Apples chief executive, has said the data is safe. "Revenue of Apple by Geographical Region from The First Quarter of 2012 to 4th Quarter 2022 (in Billion U.S. The second major geography that Apple dominates is Europe. [1] The estimated total world production of apples in 2017 was 83,139,326 metric tonnes, down 2.4% from 85,204,410 tonnes in 2016. ", Yahoo Finance. Apple Card is available only in the U.S. Apple Card is issued by Goldman Sachs Bank USA, Salt Lake City Branch. With iPhone and iPad sales not likely to see much significant movement, Apple sees services as a way to continue growing. Please create an employee account to be able to mark statistics as favorites. It is unclear what led to the change. Instead of laying off full-time permanent employees, Apple has begun letting go of contractors. "Federal Debt: Total Public Debt.". Global GDP was $87.799 trillion in 2019, per the latest data from the World Bank, and Apple's market cap is 2.36% of that figure.Compared to the U.S., the world . Learn more about how Statista can support your business. That surprised at least two Apple executives who worked on the initial negotiations and who said the move could jeopardize customers data. Then Vice President for Worldwide Operations, Tim Cook, joined Apple in 1998 and the two men laid out plans to transform the company's retail program. 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, growing its San Diego team to more than 5,000 employees by 2026. The company has attempted to customize its tech for diverse usage across countries. In November 2016, China approved a law requiring that all personal information and important data that is collected in China be kept in China. Apple revenue increased dramatically in the 2020s, from $65 billion at the start of the decade to $274.5 billion by the end. Apples are the most consumed fruit in the U.S., followed closely by oranges. Apple does not disclose such takedowns in its statistics. An extensive complex of apartments and town homes is being built across the street from Apples data center in Guiyang. Internal Apple documents reviewed by The New York Times, interviews with 17 current and former Apple employees and four security experts, and new filings made in a court case in the United States last week provide rare insight into the compromises Mr. Cook has made to do business in China. Although Amazon posts great marks, it is not bigger than Apple. Chinese officials say their cybersecurity law is intended to protect Chinese residents data from foreign governments. Led by Warren Buffet-the world's seventh richest billionaire as of January 2022 - the early years of the company focused on long-term investments in publicly traded companies, but now more. Latest Company & Industry Overviews News and Updates. Indias community is also known for its software aptitude. Apple Music offers more than 60 million songsandlocally curated playlists including Africa Now, Afrobeats Hits, and more. 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.. When publishing one of these graphics, However, it will take a long time until they come remotely close to matching the Apple Store empire. please include a backlink to the respective infographic URL. All values afterwards are estimates. You can email the site owner to let them know you were blocked. 6 February 2013 - Apple announces iTunes touched a milestone of around 25 billion songs sold. 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. after it demanded Apples help breaking into an iPhone belonging to a terrorist involved in the killing of 14 people in San Bernardino, Calif. Now the Chinese government had an even broader request. Are you interested in testing our business solutions? In a presentation to some engineers last year, according to slides viewed by The Times, managers made clear that the stakes were high. Apple still appears to provide far more data to U.S. law enforcement. Whereas the tech industry is showing some growth in Europe while its traditional industries are sluggish, the EUs stringent policies are limiting the tech industrys growth. Its market capitalization, or market value, is calculated as the total number of outstanding shares of stock multiplied by its market price. dollars)." Even though Apple Pay comes pre-installed on all iPhones, users can still choose to not set up the contactless payment solution. 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. Apple encrypts customers private data in its iCloud service. ", Forbes. However, Apple's value pales in comparison to the nation's total federal debt of $26.945 trillion.. For Apple, China is not only a market with a strong iPhone user base but also the manufacturing hub of iPhones. The iPhone saw Apple ascend to one of the most valuable companies in the world, with revenue increasing from $37.4 billion in 2008 to $65 billion in 2010. It saw a massive increase in sales in 2021, and modest growth in 2022. iPhone sales in 2021 surpassed the 2015 peak, but declined in 2022 to 232.2 million units. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. It also offers a year of TV+ to iPhone and iPad buyers for free, which means most subscribers are still on free trial. Apple broke two records by becoming the first company to record both a $1 trillion and $2 trillion market cap. Most of that data for Chinese customers was stored on servers outside China. Then you can access your favorite statistics via the star in the header. 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.. Even though the PC market saw higher sales in 2020, for the past decade it has been in gradual decline. Apple said it designed the iCloud security in such a way that only Apple has control of the encryption keys.. "Monthly Budget Review: Summary for Fiscal Year 2020. As part of its investments and expansion, Apple plans to invest over $1 billion in North Carolina and will begin construction on a new campus and engineering hub in the Research Triangle area. Anyone can read what you share. Note: 2021 is a projection. Note: Apple has not updated figures since 2020. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. At the time, the country was starting to pass laws that gave the government greater leverage over Apple. He turned the companys fortunes around, launching iTunes and iPod in 2001. About Apple Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. The Apple iOS Shortcuts App it does what it says on the tin. Currently, you are using a shared account. The ideal entry-level account for individual users. Apple operates 512 retail stores in 22 countries. Six months later, Mr. Guo submitted his app again, with changes to elude Apples software. 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. The Market Value of Some Stock Exchanges, 4. The majority of subscribers are from the US, which is one of the few countries Apple is close to Spotify. This chart shows the total number of Apple Stores worldwide as of May 14, 2021. It also exceeds the total value of stocks on most exchanges worldwide. The stores themselves have been described as being a temple for the Apple brand and they have been credited with dramatically raising its profile. That alarmed the security researchers. The documents also show that Apple is using different encryption technology in China than elsewhere in the world, contradicting what Mr. Cook suggested in a 2018 interview. Mr. Cook often talks about Apples commitment to civil liberties and privacy. Revenue of Apple by geographical region from the first quarter of 2012 to 4th quarter 2022 (in billion U.S. dollars) [Graph]. Apples $430 billion US investments include working with more than 9,000 suppliers and companies large and small in all 50 states. Apple revolutionized personal technology with the introduction of the Macintosh in 1984. Were delighted to bring many of Apples most beloved Services to users in more countries than ever before, said Oliver Schusser, Apples vice president of Apple Music and International Content. Key takeaways: Apple is the world's most valuable brand, worth $263.4 billion as of 2021. 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. Apple, Inc. engages in the design, manufacture, and sale of smartphones, personal computers, tablets, wearables and accessories, and other variety of related services. Now it has to answer to the Chinese government. Shortly after Mr. Guo applied to the App Store, the Cyberspace Administration of China, the governments internet regulator, told Apple it wanted the app rejected. This app and any Guo Wengui app cannot be on the China store, he wrote, according to the emails filed in the court case. Revenue for iPad has remained in the $20 to $30 billion revenue range since launch, with the launch of the iPad Mini in 2013 still the peak year. Apple is the largest taxpayer in the US and has paid almost $45 billion in domestic corporate income taxes over the past five years alone. In every other country combined over that period, Apple approved 40 percent of requests, removing 253 apps. 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. These include white papers, government data, original reporting, and interviews with industry experts. Apple added that it removed apps only to comply with Chinese laws. Most importantly, Chinas digital infrastructure is already in place, much like the Wests. Its net worth as of 2020 was an impressive $65 billion. As it stands, however, those companies will have a lot of work to do in order to match the global Apple Store empire. As of March 15, 2021, Microsoft's market cap was $1.8 trillion, which is approximately 87% of Apple's.. AirPods were next, which paved the way for wireless headphones to become mainstream. Furthermore, Apple has grown to be an organization of national interest. Mr. Cook declined an interview for this article. While Apple regularly responded to court orders for access to customer data, Mr. Cook had rebuffed the F.B.I. Apple invested $6 billion into TV+ in 2019, a huge gamble in a market with Netflix, Amazon and Disney all competing for eyeballs. 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. Documents reviewed by The Times do not show that the Chinese government has gained access to the data. 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. Apple failed in this segment, too, unlike peers Google and Microsoft. 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. Today, Apple leads the world in innovation with iPhone, iPad, Mac, Apple Watch, and Apple TV. Twenty years later, Apple now has 510 stores across 25 countries and territories. If you are an admin, please authenticate by logging in again. It was a difficult environment considering the success cheaper Windows-based platforms were enjoying at that time. Can I integrate infographics into my blog or website? Chart. India is among the worlds fastest-growing economies. 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.. In those three years, Apple's yearly sales grew from a little over $775,000 to $118 million. iCloud needs influential friends in China.. Apple believes that gives it a legal shield from American law, according to a person who helped create the arrangement. What were panned by many as pricey accessories have become mainstream, with almost every phone manufacturer offering their own hearable to compete with Apple. It also blocked tools for organizing pro-democracy protests and skirting internet restrictions, as well as apps about the Dalai Lama. "The Real Time Billionaires List. How many Apple stores are there in 2020? Please include what you were doing when this page came up and the Cloudflare Ray ID found at the bottom of this page. Apple total number of employees in 2022 was 164,000, a 6.49% increase from 2021. The Chinese employees were angered, according to Mr. Guthrie and another person in the room. The App Store, Apple Arcade, Apple Music, Apple Podcasts, and iCloud are now available to more customers around the world. 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. 2023 Microsoft has an impressive market cap; however, it is not as large as Apple's. China, the USA and Poland are the top three countries in the production of apple . In the beginning, Apple stores were locations to touch and see the Apple lifestyle experience. 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. Apple iPad Pro With OLED Display: New Leak Predicts Huge Price Hike, New iPhone 15 Exclusive Confirms Stunning Apple Design Decision, Apple Increases iPad, iPhone, MacBook Replacement Battery Prices, Apple TV+ Is Looking Into Streaming More Live Sports, New iPhone SE Will Never Be Apples Perfect iPhone, New Apple Leak Highlights Stunning MacBook Decision, Real Madrid Takes Center Stage In Apple TV+ Documentary Series, MLS On Apple TV Is Already A Great Product That Is Promoted Poorly, Apple Hardware Will Change The Face of Consumer Healthcare, Forget Apple Watch: Fitbit Could Beat Apple To Game-Changing New Feature, Apple Is Cutting Contractors To Save Costs, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. For the first time seriously, Los Blancos are the subject of a new, fly-on-the-wall documentary releasing on March 10. Its success has inspired competitors such as Samsung, Xiaomi and Huawei to pursue a similar strategy and open their own physical retail stores. To equal Apple's market cap, one must combine the net worth of the world's top 24 billionaires.. Apples $430 billion US investments include working with more than 9,000 suppliers and companies large and small in all 50 states, supporting American job creation across dozens of sectors, including silicon engineering, 5G, and manufacturing. Apple iPhone 14: New Leak Claims A Surprise iPhone To Land In Days, Apple Loop: Disappointing iPhone 15 Pro News, Apples Expensive Battery Option, iPhone SE Returns. Since it launched in 2015, Apple Watch has led the smartwatch market with over 50% market share. If Apple's market capitalization was equal to a country's annual GDP, it might just be in the G7. But Apple said that the documents included outdated information and that its Chinese data centers feature our very latest and most sophisticated protections, which would eventually be used in other countries. 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. It surpassed 50 million annual sales in 2022. sports and entertainment. The Apple data center in Guiyang as seen in a satellite image. Even though several analysts predicted the new physical stores would fail, the first two locations took in $599,000 on their opening weekend with the new Apple retail model raking in $1 billion in sales by 2004. The . Investopedia does not include all offers available in the marketplace. Apple Podcastsis the best place to browse and listen to the worlds largest catalog of podcasts. As iPhone revenues have stagnated, Apple has looked for new ways to generate revenue from the iPhone. With the keys in China, the government has two avenues to the data, security experts said: demand it or take it without asking. While wars cause the destruction of life that cannot be measured, a 2010 Congressional Research Service reportestimated the economic cost of each U.S. war between 1775 and 2010, adjusting the figures to reflect constant dollar prices as of the fiscal year 2011. 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. Apple recently began disclosing how often governments demand that it remove apps. At the same time, we didnt want to get hauled up in front of the Senate to talk about why were quote censoring apps in China, he said. on two sectors: "Media and Technology", updated Congressional Research Service. Interactive chart of Apple (AAPL) annual worldwide employee count from 2010 to 2022. You need a Statista Account for unlimited access. With nearly 110,000 tech workers downsized in 2023, Apple employees have been spared the ax. In Cupertino, Calif., Apple engineers have been racing to finish designs for the new Chinese iCloud. Apple said it had removed his iPhone app in China because it had determined it was illegal there. A trillionaire is an individual with a net worth of more than one trillion in U.S. dollars or another similarly valued currency. 20 years on from the first Apple Stores opening their doors, the concept has come a long way. Dec 20, 2022. All values as of most recently reported quarter unless otherwise noted. Simply copy the HTML code that is shown for the relevant statistic in order to integrate it. The current Apple Store layout certainly looks different to the format in 2001 with elements such as the tree-lined "Genius Grove" added for customer support and "The Forum" introduced for gaming and creative events. By Jack Nicas,Raymond Zhong and Daisuke Wakabayashi. In line with the current White House administrations aim to make America great again, Apple is investing in domestic suppliers and manufacturing partners. It operates through the following geographical segments: Americas, Europe, Greater China, Japan, and Rest of Asia Pacific. The UK comes third for Apple Stores with 38. Of the top 72 exchanges in the world, only 11 have market caps greater than Apple. To foster innovation and growth in the sector, Apple launched its $5 billion Advanced Manufacturing Fund in 2017. But at the data center in Guiyang, which Apple hoped would be completed by next month, and another in the Inner Mongolia region, Apple has largely ceded control to the Chinese government. The service can back up everything stored on an iPhone or Mac computer, and can reveal the current location of a users Apple devices. Here's a more recent look at the company's financial performance. Use is, however, only permitted with Apple said it removed Mr. Guos app in China because it had determined it was illegal there. A bigger chunk of the tech-using population relies on free third-party services. If you look at the behavior of the Chinese government, you dont see any resistance from Apple no history of standing up for the principles that Apple claims to be so attached to.. 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. Number of apps that disappeared from the iOS App Store in China by month through February 2021. The Congressional Budget Office (CBO) reports that the federal budget deficit for the fiscal year 2020, which ended on Sept. 30, was $3.1 trillion, more than three times the deficit recorded for 2019., As massive as the federal deficit appears, it is only slightly larger than Apple's market cap. So were apps that allowed users to message privately, share documents and browse websites the Chinese government had blocked. The next iPhone didnt include the phrase. It has received 4018 citations so far from companies like HTC, Microsoft, Huawei, and Motorola. And competitors such as Samsung and OnePlus are threatening Apple in the premium smartphone category. It has also built out its subscription services to include music and video streaming, video games, fitness and cloud storage. proper attribution to Statista. However, it has yet to reach Apple's $2 trillion market cap milestone. Apple said that most of the apps it removed for the Chinese government were related to gambling or pornography or were operating without a government license, such as loan services and livestreaming apps. Apple Music is the second largest music streaming service in the West, far behind Spotifys 150 million users. non-commercial websites. The Chinese government regularly demands data from Chinese companies, often for law-enforcement investigations. 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 . These decisions are not always easy, and we may not agree with the laws that shape them, the company said. The debt ceiling is a limit that Congress imposes on the amount that the federal government can owe. The latest news and updates, direct from Apple. 208.97.171.40 The location of the keys to the data of Chinese customers was a sticking point in talks between Apple and Chinese officials, two people close to the deliberations said. Overview Apple is a company that designs, manufactures, and markets mobile communication and media devices. We also reference original research from other reputable publishers where appropriate. It has also introduced free software, Swift, to teach coding. Despite the pressures of the pandemic, healthcare institutions dominate the America's Best Large Employers 2023 list. Please do not hesitate to contact me. Apple said it challenged those requests because they were illegal under U.S. law. Today, the App Store supports more than 2.1 million US jobs across all 50 states. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. The components manufactured by those companies all around the world are ultimately sent to just two companies to assemble into iPods, iPhones, and iPads. The discrepancy between Apples disclosures and the Times analysis is in part because Apple is removing apps before Chinas internet censors even complain. It proactively censors its Chinese App Store, relying on software and employees to flag and block apps that Apple managers worry could run afoul of Chinese officials, according to interviews and court documents. In, Apple. YouTube, Apple, podcasting, Twitch | 10K views, 450 likes, 143 loves, 543 comments, 176 shares, Facebook Watch Videos from Congressman Matt Gaetz:. ", Congressional Budget Office. Just last month, Apple announced a massive new US energy storage project in Californias Monterey County joining other energy storage projects the company has invested in, including its microgrid at Apple Park. 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. The conglomerate increased its funding from $1 billion to $5 billion to support innovation among American manufacturers. High-end smartphonescosting from $300makeup only 6% of the market, or just 6 million units.. Its history is phenomenal, and the lengths to which Apple has gone to upgrade its tech are revolutionary. Apple's CEO Tim Cook is estimated to have a net worth of $1 billion. !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. Apple said that since 2017, it had taken down 70 news apps in response to Chinese government demands. Apple Pay transaction volume for in-store purchases has increased rapidly over the past two years, going from $90 billion t0 $650 billion. Like China, it has more than one billion potential users. One can imagine what record it will break next. This is approximately 13 times greater than Apple's market cap. Jobs believed this required a transformation in the relationship with the customer who should be afforded more control over the presentation of the products. The Statista "Chart of the Day" currently focuses Below is the list of 10 most cited patents of Apple: Which Companies are using Apple Patents to Advance their Research? Apple plans to store the personal data of its Chinese customers there on computer servers run by a state-owned Chinese firm.CreditCNES/AIRBUS. Sales have steadily fallen in China since 2015, although it received a slight bump in 2021.

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