Apple’s Revenue

In its recently released Q4 2020 report, Apple had recorded a total revenue of $274.5b, a 5.5% increase from the $260.2b recorded in its Q4 2019 report.

A further review of the revenue reveals a varying mix from its different revenue sources. The iPhone division accounted for 50% of its revenue. The revenue from this segment however dropped by 3% from its Q4, 2019 figures. The second-largest contributor was the services segment which includes digital content, Apple Pay, Apple TV, Apple care and other services. This made up 20% of its revenue and recorded an increase of 20% from its 2019 comparative. Other segments such as wearables (eg AirPods, Apple Watch, Beats headphones and would now include its recently launched AirPods Max), Mac and and iPad contributed 11%, 10% and 9% respectively. Apple FY 2020 revenue equals the combined 2020 GDPs of Chile 🇨🇱 , Cyprus 🇨🇾 and Togo 🇹🇬 !

Let’s know what you think in the comment section….

Analysis of revenues of the rest of the “Big Tech” coming soon! Stay tuned!