Apple Inc Net Income (Annual)
Net Income of Apple Inc 2002-2022
Amounts are in $millions.
| Year | Net Income ($mn) |
| 2022 | $99,803 |
| 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 |
2022: Apple experienced 5.3% year over year growth in its annual net income in 2022. the company generated $99.8 billion in net income in 2022 compared to $94.7 billion in 2021. Its total net revenue for 2022 remained $394.3 billion.
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 highest 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.