Apple Revenue from Products and Services


Net revenue of Apple from products and services 2013-2022

Amounts are in millions.

YearProducts 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.