Apple Inc Net Income (Annual)

Net Income of Apple Inc 2002-2021

Amounts are in $millions.

Year
Net Income ($mn)
2021$94,680
2020$57,411
2019$55,256
2018$59,531
2017$48,351
2016$45,687
2015$53,394
2014$39,510
2013$37,037
2012$41,733
2011$25,922
2010$14,013
2009$8,235
2008$6,119
2007$3,495
2006$1,989
2005$1,328
2004$266
2003$57
2002$42

2021: Apple's net revenues and net income grew significantly in 2021 compared to 2020. The company experienced around 64% growth in its net income in 2021 compared to the previous year. Its annual net income for 2021 was $94.7 billion in 2021 compared to $57.4 billion in 2020. Its net revenues jumped 33% in 2021 compared to 2020 and rose to $365.8 billion (the highest in Apple's history).

In 2019, while the net revenue of Apple inc declined by around 2% compared to the previous year, net income declined by around 7%. Net Income of Apple was $55.26 billion in 2019 compared to $59.5 billion in 2018. Apple's net income in 2019 was the higehst during the first quarter at $19.97 billion and the lowest during the third quarter at $10 billion. In the fourth quarter of 2019, net income of Apple reached $13.7 billion.