Edit: LRS
[ New Zhiyuan Introduction] How much can Apple make money?
On January 3 this year, on the first day of the opening of the US stock market, The world's first company with a market value of over $3 trillion was born - Apple .
Although the market value of Apple's has fallen to 2.23 trillion yuan, it is still the most valuable company in the world, much higher than the second-place Microsoft 1.7 trillion yuan.
In addition to its amazing market value, Apple's profitability is also shocking. Recently, foreign media imagined based on Apple's third-quarter financial report released in July. If Apple is a country , which is its profitability ranks first?
Some netizens pointed out by the way that if California is a country , GDP ranking is roughly ranked th in the world , second only to the United States, China, Japan, and Germany. After all, Apple, Google and other Silicon Valley giants are really too profitable.
In 2021, California's GDP value is as high as US$3.4 trillion, about US$22 trillion, and the per capita GDP is as high as US$85,600. The GDP of 190 countries around the world is not as high as that of , California, , and even higher than the UK's GDP. It is known as the world's largest economic province, .
Before Apple releases the financial report related to iphone14 at the end of October, let’s take a look at Apple’s strength in the trough period.
Which is the number one in "Apple Country"?
The data used in the article is mainly Apple's 022 Q3 performance .
The reason why chose Q3 is, in addition to the latest data available at present, there are also Apple's new product releases, sales cycles, etc. The third quarter performance of is usually the worst in the whole year.
Q1's performance is usually much higher than Q3. For example, Apple's revenue in the first quarter of 2022 was US$123.9 billion, which is about 50% higher than in the third quarter of 2021 and the third quarter of 2022
So, if Apple's performance level in "off season" is so high, then Apple in the Q1 period will leave readers with a space for imagination .
In order to determine how much Apple's revenue ranks in the world, you can first use 2021 GDP (GDP) data provided by International Monetary Fund (IMF).
GDP measures the market value of a country's economic scale, including the production and sale of goods and services.
In the third quarter of 2022, Apple announced revenue of 2.959 billion . If counted as a country, Apple's quarterly data will rank 70th in , , lagging behind Oman's $83.6 billion and surpassing Sri Lanka's $82.5 billion.
Apple's total revenue in the last four quarters was US$387.5 billion. Apple will rank 39th in the IMF's GDP rankings, beating Malaysia (US$372.7 billion), second only to Philippines (US$393.6 billion) and Denmark (US$395.7 billion).
Although Apple is not much different from the top countries, including Egypt (35th, US$402.8 billion) and the UAE (34th, US$409.9 billion), this is far from enough to put the largest economy . The country with the lowest GDP in the
list is Netherlands (18th place, 1018.7 billion US dollars), while South Korea ranks tenth with 1798.5 billion US dollars.
Apple's gross profit in the third quarter was US$35.9 billion, ranking 99th, surpassing Sudan (US$35.151 billion), and lagging behind Estonia (98th place, US$36.3 billion).
's gross profit for the whole year was US$167.9 billion, between Algeria (58th, US$164.6 billion) and Qatar (57th, US$179.6 billion).
net profit in the third quarter was US$19.4 billion, surpassing the 117th place Mali (US$19.2 billion), and lagging the 116th place Brunei (US$19.9 billion).
's net profit for the whole year was US$99.6 billion, which will surpass Ethiopian (65th, US$99.3 billion), and lag behind Ecuador (64th, US$106.2 billion).
At the same time, Apple's R&D expenditure gradually increased, reaching US$6.8 billion in the second quarter of 2022, enough to defeat the 152nd-ranked Republic of Montenegro (US$5.8 billion).
In the past four quarters, Apple spent a total of US$25.2 billion on R&D, surpassing the GDP of Bosnia and Herzegovina (111th place, US$22.4 billion), and not far from the 110th place Icelandic (US$25.5 billion).
If the iPhone is also the national
In terms of products, the iPhone is still the biggest contributor to Apple's profits, but other products are also growing significantly.
People often say that every product branch of Apple can become a large company with its own entity.
In the third quarter, Apple reported iPhone revenue of $40.665 billion, between Bolivia (94th, $39.8 billion) and Uganda (93rd, $42.5 billion).
total sales in four quarters was US$201.7 billion, which makes iPhone sales comparable to Iraqi (53rd, US$209.5 billion) and Ukraine in 2021 (54th, US$198.3 billion).
In the third quarter, Services grew steadily to US$19.6 billion, also between Brunei and Mali.
total revenue in the fourth quarter was US$77.2 billion, between Bulgaria (71st, US$80.3 billion) and Ghana (72nd, US$76.4 billion)
In the third quarter, wearable devices, home and accessories revenue reached US$8.08 billion, sandwiched between Togo (150th, US$8.4 billion) and Guyana (151st, US$7.6 billion).
In four quarters, revenue of US$40.4 billion surpassed Bolivia, second only to Uganda.
iPad and Mac's revenue in the third quarter were US$7.22 billion and US$7.38 billion, respectively, second only to Somalia (No. 151, US$7.39 billion).
In the four quarters, iPad's $30.4 billion beat the Macau Special Administrative Region (No. 103, $29.9 billion), and Mac's $37.8 billion beat Estonia (No. 98, $36.3 billion), but not as good as Paraguay (No. 97, $38.3 billion).
If Apple is a big shot
Although Apple can use its own financial situation to compete with other countries, Apple still always wins when competing with other billionaires.
Apple CEO Tim Cook ranked among the Forbes World’s Richest People Rankings with a net worth of $2 billion, ranking 1513. If Apple is a big shot, it could go further.
Apple's third-quarter sales were US$82.96 billion, ranking outside the top 10, surpassing the 12th Bloomberg founder Michael Bloomberg (US$82 billion).
Total revenue in the past four quarters was US$387.5 billion, directly surpassing Elon Musk 's US$219 billion, almost equivalent to the sum of 171 billion for Musk and second place Jeff Bezos .
gross profit in the third quarter ranked 37th, lagging behind the $36.2 billion of chocolate manufacturing company Ferrero holder Giovanni Ferrero .
total gross profit in four quarters ranked third, ranking between Bezos (Bezos) and Moet Hennessy- Louis Vuitton (LVMH) Group Chairman Bernard Arnault & Family ($158 billion), surpassing 4th Bill Gates' $129 billion and 5th stock god Warren Buffett 's $118 billion.
Apple's net profit in the third quarter ranked 84th, surpassing Reinholdwalt and his family's $19 billion.
If you look at the fourth quarter, Apple will rank 8th oracle founder and chairman Larry Ellison ($106 billion) and 9th MCO Steve Ballmer ($91.4 billion).
Of course, Apple is comparing the revenue of one quarter with the net assets of all the big guys . If you simply compare the assets, according to the disclosed data, Apple held assets of US$336.309 billion on June 30, firmly occupying the championship position.
Reference:
https://appleinsider.com/articles/22/10/09/apples-record-income-makings-it-richer-than-most-countries