Apple's Net Worth is estimated to be $2899 Billion as of 2023. Check out apple stock History, Assets, Income, Liabilities, Net Income, Total Employees, and many more details. Apple Net Worth is $2.899 Trillion ($2899 Billion) in 2023: Apple Becomes First Company which has touched the $3 Trillion mark in June 2021. Apple Inc. Is an American multinational company and is famous for the manufacturing of smartphones, tablets, PCs, and many more electronic devices. Its headquarters is situated in Cupertino, California where the manufacturing is done. The company makes a wide variety of products and they give their products a distinctive style.
iPhone smartphones, iPad tablets, Mac book laptop, Air Pod wireless earbuds, and Apple Watch smartwatch are some of the company's most famous products and is widely popular and used everywhere in the world. Also read the Net Worth details of Mark Zuckerberg, Bill Gates Net Worth, and Sundar Pichai.
The company has over 25 manufacturing units in different countries. Apple Inc. Is considered as the five greatest companies in the IT sector of America with some of the big guns like Microsoft, Google, Amazon and Facebook. Though the products are very expensive but the quality of their products is unmatched and that’s the very reason of their success. The logo itself is kind of a status symbol for many. Must Check Ratan Tata Net Worth.
Apple Net Worth
Name
Apple Inc.
Net Worth 2023
$2899 Billion ($2.899 trillion)
Total Assets:
$335.038 Billion
Total Liabilities:
$274.764 Billion
Net Income:
$94.760 Billion
Annual Revenue:
$383.933 Billion
PE Ratio2023
30.49
Founder:
Steve Jobs, Steve Wozniak, Ronald Wayne
No of Employees:
164,000
CEO
Tim Cook (24 Aug 2011–)
Founded:
1 April 1976, Los Altos, California, United States
Apple Top 3 Individual Insider Shareholders
Name of Shareholder
Total Shares
Arthur Levinson
4,592,140 shares
Tim Cook
837,374 shares
Jeff Williams
489,260 shares
Top 3 Institutional Shareholders
Name of Shareholder
Total Shares
Vanguard Group Inc.
1.3 billion shares
BlackRock Inc
1.11 billion share
Berkshire Hathaway Inc.
1 billion shares
Apple Net Worth
The current value and shares of Apple Inc. cost anywhere around $2.899 trillion. The company as a whole is worth more than many other companies combined. iPhone despite its high cost holds third place in terms of the highest sold smartphones. In terms of other electronic devices and gadgets to Apple holds a commanding position. Its Air Pod these days is becoming a sensation as earlier Apple used to sell a massive amount of iPod. The company is trying its level best to become feasible for everyone and to broaden its services.
Apple Revenue 2023
Apple revenue for the quarter ending June 30, 2023 was $81.797 Billion.
Apple revenue for the twelve months ending June 30, 2023 was $383.933 Billion.
Apple annual revenue for 2022 was $394.328 Billion.
Apple annual revenue for 2021 was $365.817 Billion.
Apple annual revenue for 2020 was $274.515 Billion.
Year
(Millions of US $)
2023
$383,933
2022
$387,537
2021
$365,817
2020
$274,515
2019
$260,174
2018
$265,595
2017
$229,234
2016
$215,639
2015
$233,715
2014
$182,795
2013
$170,910
2012
$156,508
2011
$108,249
2010
$65,225
2009
$42,905
2008
$37,491
2007
$24,578
2006
$19,315
2005
$13,931
Apple Total Assets
Apple total assets for the quarter ending June 30, 2023 were $335.038 Billion.
Apple total assets for 2022 were $352.755 Billion.
Apple total assets for 2021 were $351.002 Billion.
Apple total assets for 2020 were $323.888 Billion.
Year
(Millions of US $)
2023
$335,038
2022
$352,755
2021
$351,002
2020
$323,888
2019
$338,516
2018
$365,725
2017
$375,319
2016
$321,686
2015
$290,345
2014
$231,839
Apple Total Liabilities
Apple total liabilities for the quarter ending June 30, 2023 were $274.764 Billion.
Apple total liabilities for 2022 were $302.083 Billion.
Apple total liabilities for 2021 were $287.912 Billion.
Apple total liabilities for 2020 were $258.549 Billion.
2023
$274,764
2022
$302,083
2021
$287,912
2020
$258,549
2019
$248,028
2018
$258,578
2017
$241,272
2016
$193,437
2015
$170,990
2014
$120,292
Inception
Apple Inc. was the dream company of Steve Jobs, Steve Wozniak, and Ronald Wayne. The company was founded by these three in 1976. At that time they used to sell Apple I personal computers and later Apple II computers which became really famous. The company’s name was changed to Apple Computer, Inc., in 1977
Apple Net Worth
They made there company public in 1980 to acquire some financial success. Their products were sold heavily and there innovative graphics and operating system was well liked but after some time they started facing problems related to services and cost of their products as compared to those cheap Microsoft Windows PC which runs on intel. Steve Jobs left the company to found NeXT, with several company employees.
To save the company and to bring it back on track the company recruited CEO Gil Amelio. He bought NeXT in 1997 and bring Steve Jobs back to Apple. Steve Jobs became the CEO again in 2000 and from then on the company gained huge success. They created iMac and opened several retail shops around the United States. The company gets it’s status back in 2007 when it named Apple Inc.
Apple Net Income 2023
Apple net income for the quarter ending June 30, 2023 was $19.881 Billion.
Apple net income for the twelve months ending June 30, 2023 was $94.760 Billion.
Apple annual net income for 2022 was $99.803 Billion.
Apple annual net income for 2021 was $94.68 Billion.
Apple annual net income for 2020 was $57.411 Billion.
Year
Net Income (Millions of US $)
2023
$94,760
2022
$99,803
2021
$94,680
2020
$57,411
2019
$55,256
2018
$59,531
2017
$48,351
2016
$45,687
2015
$53,394
2014
$39,510
2013
$37,037
2012
$41,733
2011
$25,922
2010
$14,013
Evolution
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Steve Jobs's lead company Apple is considered one of the biggest IT companies in today's time mostly because of its products and their distinctive style and features. The first iPhone was launched way back in 2007 and it became a sensation as there was no competition for it. The iPhone was like a first step towards the future. Despite its cost the amount of success it gained is unmatchable.
In 2011 Steve Jobs left the country and Tim Cook became the new CEO. Jobs left the company because of his health issues. Jobs has built the company and he was like the foundation. Soon after Jobs resignation, he died leaving the whole world stunned.
Apple Net Worth and Products
The company currently is enjoying the success of its life becoming the first ever company to have a value of $3 trillion. The company holds more than 147,000 employees and has over 500 retail shops around the world. There are more than 1.5 billion Apple products used around the world and the craze for it is growing more and more. The company is still developing a lot and trying to be feasible for everyone even for the middle-class people. You can sense the efforts as you are now seeing more and more Apple products nearby you.
Awards & Achievements
Apple Inc. Is undoubtedly the most successful company ever and its shares and value cost more than any other. If Steve Jobs was alive then he surely would’ve been the richest person in this world. There isn’t any specific award which the company has won. Also, there isn’t a lot of knowledge about the awards and nominations that the company has witnessed.
Conclusion
In the conclusion, we can say that Apple Inc. Is a billion-dollar company. The company gives employment to millions and it has many stores around the world to sell its products. It has a wide range of products and all its products are trustworthy. Compared to those cheap devices Apple products are just too good. There was a time when Apple products were seen only in the hands of the rich and millionaires but nowadays it became extremely easy to be the owner of an iPhone or iPad or any other Apple product.
