Apple

OverviewSuggest Edit

Apple is a company that designs, manufactures, and markets mobile communication and media devices. 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. The company also operates various platforms that enable customers to discover and download applications and digital content, such as books, music, video, games, and podcasts.

TypePublic
Founded1976
HQCupertino, CA, US
Websiteapple.com
Employee Ratings4.2
Overall CultureB+

Latest Updates

Employees (est.) (Sept 2021)154,000(+5%)
Job Openings8,677
Revenue (FY, 2021)$365.8 B(+34%)
Share Price (May 2022)$140.5
Cybersecurity ratingCMore
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Key People/Management at Apple

Tim Cook

Tim Cook

CEO, Director
Jeff Williams

Jeff Williams

Chief Operating Officer
Luca Maestri

Luca Maestri

Senior Vice President and Chief Financial Officer
Eddy Cue

Eddy Cue

Senior Vice President Services
Katherine Adams

Katherine Adams

Senior Vice President and General Counsel
Craig Federighi

Craig Federighi

Senior Vice President, Software Engineering
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Apple Office Locations

Apple has offices in Cupertino, Austin, Sydney, Sao Paulo and in 24 other locations
Cupertino, CA, US (HQ)
One Apple Park Way
Austin, TX, US
12801 Delcour Dr
Cupertino, CA, US
1 Infinite Loop
Sydney, AU
PO Box A2629
Sao Paulo, BR
Rua Leopoldo Couto de Magalhães Jr., 700, 7th floor
Toronto, CA
120 Bremner Boulevard, Suite 1600
Show all (29)

Apple Financials and Metrics

Apple Revenue

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View revenue for all periods
Apple's revenue was reported to be $365.82 b in FY, 2021 which is a 33.3% increase from the previous period.
USD

Revenue (Q2, 2022)

97.3b

Gross profit (Q2, 2022)

42.6b

Gross profit margin (Q2, 2022), %

43.7%

Net income (Q2, 2022)

25.0b

EBIT (Q2, 2022)

30.0b

Market capitalization (25-May-2022)

2.3t

Closing stock price (25-May-2022)

140.5

Cash (26-Mar-2022)

28.1b
Apple's current market capitalization is $2.3 t.
Annual
USDFY, 2019FY, 2020FY, 2021

Revenue

260.2b274.5b365.8b

Revenue growth, %

(2%)6%33%

Cost of goods sold

161.8b169.6b213.0b

Gross profit

98.4b105.0b152.8b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

91.8b58.3b59.7b111.4b89.6b81.4b123.9b97.3b

Cost of goods sold

56.6b35.9b37.0b67.1b51.5b46.2b69.7b54.7b

Gross profit

35.2b22.4b22.7b44.3b38.1b35.3b54.2b42.6b

Gross profit Margin, %

38%38%38%40%43%43%44%44%
Annual
USDFY, 2019FY, 2020FY, 2021

Cash

48.8b38.0b34.9b

Accounts Receivable

22.9b16.1b26.3b

Inventories

4.1b4.1b6.6b

Current Assets

162.8b143.7b134.8b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

39.8b40.2b33.4b36.0b38.5b34.1b37.1b28.1b

Accounts Receivable

21.0b15.7b17.9b27.1b18.5b17.5b30.2b20.8b

Inventories

4.1b3.3b4.0b5.0b5.2b5.2b5.9b5.5b

Current Assets

163.2b143.8b140.1b154.1b121.5b114.4b153.2b118.2b
Annual
USDFY, 2019FY, 2020FY, 2021

Net Income

55.3b57.4b94.7b

Depreciation and Amortization

12.5b11.1b11.3b

Inventories

(289.0m)(127.0m)(2.6b)

Accounts Payable

(1.9b)(4.1b)12.3b
Quarterly
USDQ1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

22.2b33.5b44.7b28.8b52.4b74.1b34.6b

Depreciation and Amortization

2.8b5.6b8.4b2.7b5.5b8.3b2.7b

Inventories

(28.0m)699.0m10.0m(950.0m)(1.2b)(1.2b)681.0m

Accounts Payable

(1.1b)(13.5b)(10.8b)21.7b(2.0b)(1.8b)19.8b
USDFY, 2019

EV/EBIT

16.4 x

EV/CFO

15.1 x

Revenue/Employee

1.9m

Debt/Equity

1.2 x

Debt/Assets

0.3 x

Financial Leverage

3.7 x

P/E Ratio

18.4
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Apple Operating Metrics

Apple's Smartphones Shipped was reported to be 49.2 m in Q3, 2021.
FY, 2014Q1, 2015Q2, 2015Q3, 2015Q4, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018Q4, 2018FY, 2018Dec, 2018Q1, 2019Q2, 2019Q3, 2019Dec, 2019Q4, 2019Y, 2019Q1, 2020Q2, 2020Q3, 2020Q4, 2020Y, 2020Q1, 2021Q2, 2021Q3, 2021

Smartphones Shipped

169.22 m74.47 m61.17 m47.53 m48.05 m231.22 m74.78 m51.19 m40.4 m45.51 m211.88 m78.29 m50.76 m41.03 m46.68 m216.76 m77.32 m52.22 m41.3 m46.89 m217.72 m36.4 m33.8 m46.6 m73.8 m191 m36.7 m37.6 m41.6 m90.1 m206 m52.4 m45.7 m49.2 m

Tablets Sold

67.98 m21.42 m12.62 m10.93 m9.88 m54.86 m16.12 m10.25 m9.95 m9.27 m45.59 m13.08 m8.92 m11.42 m10.33 m43.75 m13.17 m9.11 m11.55 m9.7 m43.54 m

Computers Sold

18.91 m5.52 m4.56 m4.8 m5.71 m20.59 m5.31 m4.03 m4.25 m4.89 m18.48 m5.37 m4.2 m4.29 m5.39 m19.25 m5.11 m4.08 m3.72 m5.3 m18.21 m

Active Installed Base

1.4 b1.5 b

Apple Acquisitions / Subsidiaries

Company NameDateDeal Size
Joby AviationApril 01, 2022
Credit KudosMarch 23, 2022$150 m
AI MusicFebruary 07, 2022
Paws IncAugust 30, 2021
PrimephonicAugust 30, 2021
SourceDNAMay 06, 2021
VilynxOctober 27, 2020$50 m
Scout FMSeptember 25, 2020
SpacesAugust 24, 2020
MobeewaveAugust 04, 2020$100 m
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Apple Revenue Breakdown

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Apple revenue breakdown by business segment: 9.6% from Mac, 8.7% from IPad, 18.7% from Services, 52.5% from Iphone and 10.5% from Wearables, Home and Accessories

Apple revenue breakdown by geographic segment: 24.4% from Europe, 7.8% from Japan, 7.2% from Rest of Asia Pacific, 41.9% from Americas and 18.7% from Greater China

Human Capital Metrics

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Apple Cybersecurity Score

Cybersecurity ratingPremium dataset

C

74/100

SecurityScorecard logo

Apple Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Apple Online and Social Media Presence

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Apple Company Culture

  • Overall Culture

    B+

    73/100

  • CEO Rating

    A+

    80/100

  • Compensation

    B

    73/100

  • Diversity

    B

    72/100

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Apple News and Updates

The Wall Street Journal: Apple hikes pay for workers amid labor crunch, inflation

Starting pay for hourly workers in the U.S. will rise to $22 an hour, or higher based upon the market, a 45% increase from 2018. Starting salaries in the U.S. are also expected to increase.

Apple says it will raise pay for corporate and retail employees in tight labor market

Apple's move comes after Google, Amazon, and Microsoft have made changes to their compensation structures in recent weeks to pay workers more.

Apple issues friendly reminder that it’s employees’ right not to unionize

As a handful of Apple retail locations begin the process of unionizing, the trillion-dollar company’s vice president of people and retail Deirdre O’Brien delivered a warning to 58,000 retail staff in a video that was leaked to The Verge. “I want to start off by saying that it is your right to join a…

Maryland becomes the second state to offer driver’s license and state ID in Apple Wallet

Maryland residents will now be able to store their driver’s license or state ID in the Apple Wallet app, Apple announced today. The state is now the second in the U.S. to support the new feature, following the launch in Arizona in March. Once loaded into Apple Wallet, Marylanders will be able to pre…
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Apple Blogs

Swupnil Sahai and his co-founder serve an ace with AI-powered SwingVision

SwingVision, the performance-tracking iPhone app, looks to make tennis more accessible than ever.

New research highlights job growth of small businesses on the App Store

The iOS app economy supports more than 2.2 million jobs in the US, as the number of small business developers continues to grow globally.

Apple unveils new Apple Watch Pride Edition bands

Apple is releasing two new Pride Edition bands with dynamic Pride watch faces in support of the global LGBTQ+ community and equality movement.

Apple expands Today at Apple Creative Studios

Apple has unveiled plans to bring its Today at Apple Creative Studios initiative to even more young creatives from underrepresented communities.

Apple previews innovative accessibility features

Apple today previewed innovative software features that introduce new ways for users with disabilities to get the most out of Apple products.

Three AAPI founders building apps on the App Store that cultivate community

Founders of Coffee Meets Bagel, HmongPhrases, and Weee! reflect on how their personal experiences shaped the vision for their apps.
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Apple Frequently Asked Questions

  • When was Apple founded?

    Apple was founded in 1976.

  • Who are Apple key executives?

    Apple's key executives are Tim Cook, Jeff Williams and Luca Maestri.

  • How many employees does Apple have?

    Apple has 154,000 employees.

  • What is Apple revenue?

    Latest Apple annual revenue is $365.8 b.

  • What is Apple revenue per employee?

    Latest Apple revenue per employee is $2.4 m.

  • Who are Apple competitors?

    Competitors of Apple include Motorola, Twitter and IBM.

  • Where is Apple headquarters?

    Apple headquarters is located at One Apple Park Way, Cupertino.

  • Where are Apple offices?

    Apple has offices in Cupertino, Austin, Sydney, Sao Paulo and in 24 other locations.

  • How many offices does Apple have?

    Apple has 29 offices.