Net revenue of Apple from products and services 2013-2022
Amounts are in millions.
Year | Products net sales (mn) | Services Revenue ($mn) |
2022 | $316,199 | $78,129 |
2021 | $297,392 | $68,425 |
2020 | $220,747 | $53,768 |
2019 | $213,883 | $46,291 |
2018 | $225,847 | $39,748 |
2017 | $196,534 | $32,700 |
2016 | $191,291 | $24,348 |
2015 | $213,806 | $19,909 |
2014 | $18,063 | |
2013 | $16,051 |
2022: In 2022, while Apple’s total net sales climbed to $394.3 billion, the company generated around 20% of its total net sales for the year from the sales of services and 80% from products. The company generated $78.13 billion from services and $316.2 billion from products in 2022.
Apple’s range of services has kept growing over the past several years and so has its net revenues from services. The company generated $297.4 billion from the sales of products in 2021 compared to $220.75 billion in 2020. iPhone accounts for the largest part of Apple’s product net revenues and Apple’s net sales of iPhone were $191.973 billion in 2021 compared to $137.8 billion in 2020. Its net sales of iPhone increased 39% in 2021 compared to 2020.
Apple generated $68.425 billion in net sales from the sales of services compared to $53.8 billion in 2020. Its services revenues grew by 27% in 2021 compared to 2020.
The company’s total net sales in 2021 reached $365.8 billion in 2021 compared to $274.5 billion in 2020.