The chart above shows Apple’s sales of Products and services from 2016 to 2022 in billions of US Dollars. In 2022, Apple generated historically the highest revenue at around $395 billion. Its revenue from products remained $316.2 billion and that from services in 2022 was $78.13 billion.
The total net revenue of the company in 2022 remained $394,328 million compared to $365,817 million in 2021. The largest product category of Apple is iPhone that generated total $205,489 million in net sales in 2022 compared to $191,973 million in the previous year. The company also generated $40,177 million from Mac Sales and $29,292 million from the sales of iPad in 2022. The sales of wearables and accessories generated total $41,241 million in 2022 compared to $38,367 million in 2021.
Net revenue of Apple from products and services 2013 -2022
Amounts are in millions.
| Year | Products net sales (mn) | Services Revenue ($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.
2021: 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.
Related:
- Apple Inc Net Revenue
- Apple Annual Net Income
- Apple Research and Development Expenses
- Apple Number of Employees
- Apple Geographic Revenue
- Apple Revenue from the US
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.
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.