apple services revenue 2019


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  • What segments have helped Apple grow its revenues?

    Among the most significant segments that have helped Apple grow its revenues are services. The company’s earnings from services were higher than any other product segment except the iPhone in 2019. Apple’s revenue from the services segment has also grown at a swift pace.

  • How did Apple perform in fiscal 2019?

    The growth was led by the first quarter when Apple’s quarterly revenue clocked about $88,293 million. However, Apple’s global revenue in fiscal 2019 declined nearly 2% YoY, to $260,174 million. It is important to note that Apple generates a majority of its revenue and earnings from its international operations.

  • How much revenue did Apple generate in 2019?

    In 2019, apple service business generated 46.3 billion service revenue. The company produced $19.9 billion in revenue in fiscal 2015 and $24.3 billion in 2016. The revenue grew to $30 billion in 2017 and hit $39.8 billion in 2018.

  • Is Apple a profitable company?

    As of 2019, Apple posted over $55 billion in net profits. This represented a 21% net margins (Apple’s revenues were over $260 billion in 2019). This makes Apple a profitable company. If we look at the gross margins, Apple products’ gross margins percentage was 32.2%, compared to services gross margins percentage of 63.7%.

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