Apple is considered the most famous and richest brand in the world, and it was the first company with a market value of $3 trillion, but this did not come from nowhere, as its products attract, most notably... IPhoneMany people everywhere in the world, and in the following lines, let us learn about Apple’s extreme wealth and answer a question that many people want to know the answer to, which is how much does Apple earn per minute?
How does Apple make its money?
Apple was founded in 1976 and went public in late 1980. It sold Macintosh computers as well as the iMac. Around 2007, it expanded its product range to include music players, smartphones, and tablets (iPod, iPhone, and iPad). Today, the company offers a wide range of wearable devices and accessories, in addition to a number of great services that generate billions of dollars annually.
Of Apple's revenue of $383 billion last year, about $200 billion came from iPhone sales, while nearly $40 billion came from wearables and accessories and less than $30 billion came from Mac sales. Its three largest markets are North America (about 40% of its revenues come from the United States), Europe, and China. Below are the annual revenues and revenue per minute over the past five years:
How much does Apple earn every minute?
Revenues do not express Apple's real profit, but rather net income is what the company earns after deducting various expenses, which include taxes, marketing, transportation, shipping, and the supply chain. As the iPhone maker's revenue has mostly grown in recent years, its operating expenses have also grown. At the end of 2019, total quarterly operating expenses amounted to approximately $2.11 billion. The number rose to $8.49 billion recently, and here is a look at Apple's annual net income and net income per minute over the past five years:
Thus, we have reached the end of our article after learning how much dollars Apple earns per minute. The number is undoubtedly shocking to many of our visitors, but this is the case with large companies that offer a diverse and attractive range of high-quality products and services.
Source:
Apple's market value is equal to the budget of more than ten countries!! The annual profit is also equivalent to the budgets of countries!! For this reason, investment in America and Europe is considered a guarantee for any company that wants to profit!!
Jobs = Apple
I believe that Apple, based on these published numbers, deserves to be included in the number of 8 entities that deserve zakat.
Therefore, I call on everyone to donate on the number 9 nine in all international banks.
Under the slogan ,,
“Your donation alone is not enough”
For your sake 😄, it seems that you consider Apple worthy of zakat! But let me remind you that zakat is paid to the poor and needy, and I think Apple already has enough “apples” 🍏. Let's keep these donations for those who truly need them. Thanks for the funny comment!
It is noted that Apple's net income is only approximately a quarter of its revenue!!
is this normal?
Hello Mortada 🙋♂️, yes this is very normal! Don't forget that revenue is not everything. There are many costs associated with running a giant company like Apple, such as marketing, shipping, taxes, and wages. So net income represents actual profits after deducting these costs. Always expect it to be less than revenue 😊👍🏼
1/ Perfect 😂😂
What Apple earns is equivalent to the budget of all countries combined! This is what I learned previously and am still skeptical about!
Hello Muhammad 👋! There is no doubt that Apple's wealth is truly astonishing. Its market capitalization is $3 trillion, which is equivalent to the budget of many countries combined. So, yes, what Apple earns may actually be equivalent to the budget of some countries! 🌍💰😃
Frankly, I love the sweetness and color. Some companies offer nice products, but the problem with Apple is that their products are expensive
May God increase them and grant them success
Peace be upon you. If we assume that Apple sent me a ten-minute donation, you would expect how much it would reach
Hello Youssef Al-Anazi 🤗 If we talk about Apple, it earns about 850 thousand dollars per minute. So, if Apple donated 10 minutes of its profits, the donation would be worth about $8.5 million! 💰💰 But as an Apple friend, I guess they might send you a new iPhone as a gift instead! 😂📱
I wish Apple would give me its revenue for 5 minutes 😃
Hello Sheryan Al-Sham 😄, if Apple were to donate its revenues to you for 5 minutes, your financial situation would become more than excellent! 🚀🎉
God is the best provider
This application is one of the most beautiful applications in terms of compatibility with screen readers for the blind, but unfortunately we have a problem with reading images. I wish the table was written in writing, not just an image.