Net Revenue of Apple by Product Category 2017-2020
Amounts are in $ millions.
| Product | 2020 |
| iPhone | $137,781 |
| Mac | $28,622 |
| iPad | $23,724 |
| Wearables, Home and Accessories | $30,620 |
| Services | $53,768 |
| Total Net Sales | $274,515 |
| Product | 2019. | 2018. | 2017. |
| iPhone | $142,381 | $164,888 | $139,337 |
| Mac | $25,740 | $25,198 | $25,569 |
| iPad | $21,280 | $18,380 | $18,802 |
| Wearables, Home and Accessories | $24,482 | $17,381 | $12,826 |
| Services | $46,291 | $39,748 | $32,700 |
| Total Net Sales | $260,174 | $265,595 | $229,234 |
Apple’s iPhone generates the company’s highest revenue, accounting for more than half of total sales each year. In 2019, the net revenue of Apple from the iPhone declined compared to the previous year, but revenue from services and wearables gained significantly.
About Apple Inc:
Founded in 1976 by Steve Jobs and Steve Wozniak, Apple Inc. has its headquarters in Cupertino, California, United States. The company is a leading technology brand and the maker of iPhone, Mac, and iPads. Apart from it, Apple also sells a nice range of wearables and services. The company has experienced solid growth in Net revenue in 2020 compared to the previous year. Its net revenue in 2020 grew to $274.5 billion compared to $260.2 billion in 2019.
Apple’s market cap is higher than $2 Trillion and it is the first company whose market cap exceeded 2 trillions. The company is currently led by CEO Tim Cook.