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Apple Inc Revenue from China

The chart above shows Apple’s net revenue from China (the second largest market for Apple’s products and services) from 2015 to 2022. In 2022, Apple generated more than $74 billion from China, which was its highest ever from the Chinese market. Last year, its China revenue equalled $68.4 billion. Its total net revenue has shown excellent growth over the past two years, getting close to reaching $400 billion in 2022.

Apple Revenue from China 2009-2022

The following table shows the revenue of Apple Inc from Chinese market from 2009-2022. Sums are in millions.

YearChina Revenue ($mn)
2022$74,200
2021$68,366
2020$40,308
2019$43,678
2018$ 51,942
2017$ 44,764
2016$ 48,492
2015$ 58,715
2014$ 30,638
2013$ 25,946
2012$ 22,797
2011$ 12,472
2010$ 2,764
2009$ 769

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2022: Apple’s net revenue from China $74,200, its highest yet from Chinese market. In the previous fiscal, the company had generated $68,366 million from there. China is the second largest market of Apple’s products and services; number one being the United States. The total net revenue of Apple in 2022 was $394.33 billion compared to $365.8 billion in the previous year.

2018: China is the second largest market for Apple products and services which accounted for around 19% of its entire revenue in 2018. Apple’s revenue from China for 2018 was 51.9 Billion dollars rising from 44.8 Billion dollars in 2017. China alone is the second largest market for Apple products after U.S.

About Apple:

Apple, the leading technology brand and the maker of iPhone and Mac was founded in1976 by Steve Jobs and Steve Wozniak. In 2018, the brand touched a valuation of 1 Trillion dollars. In 2018, its revenue touched an all time high at 265.6 Billion dollars. Apple has not looked backwards since then as its revenue was close to $400 billion in 2022. From Macbook to iPhone as well as Apple Watch, Apple TV, and Mac Mini, the brand has brought several technologically innovative and attractive looking products to the market. iPhone is the best selling product in its entire range of products. Apart from that, iPads and MacBooks are also major sources of revenue for the brand. Its product and service range also includes iCloud, Apple Pay, digital content and services. The current CEO of Apple is Tim Cook. Its main competitors are Microsoft, HP, Dell, Samsung and Acer.