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Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $274,515 | $365,817 | $394,328 | $383,285 | $391,035 |
| Gross Profit | $104,956 | $152,836 | $170,782 | $169,148 | $180,683 |
| Operating Income | $66,288 | $108,949 | $119,437 | $114,301 | $123,216 |
| Net Income | $57,411 | $94,680 | $99,803 | $96,995 | $93,736 |
Over the five-year period, Apple Inc. experienced robust growth initially with a marked rebound from 2020 to 2021. Revenue surged from USD 274.5 billion in 2020 to USD 365.8 billion in 2021 – a significant jump of roughly 33% – accompanied by a robust increase in gross profit from USD 105.0 billion to USD 152.8 billion, and a nearly 64% rise in operating income from USD 66.3 billion to USD 108.9 billion. Net income followed a similar trend, escalating from USD 57.4 billion to USD 94.7 billion, reflecting effective cost management and operational improvements. This substantial spike likely reflects market recovery post-pandemic, increased consumer demand, and strategic product launches that bolstered revenue and profitability. In subsequent years, growth moderated with revenue reaching USD 394.3 billion in 2022, experiencing a minor decline to USD 383.3 billion in 2023, and then a modest recovery to USD 391.0 billion in 2024. Gross profit and operating income displayed parallel trends, with slight fluctuations but overall stability, while net income peaked in 2022 at USD 99.8 billion before tapering modestly in 2023 and 2024. The absence of significant year-over-year swings beyond the initial 2020–2021 surge suggests a maturing growth phase with steady operational performance. Overall, Apple's financial health remains robust and sustainable, underpinned by resilient revenue growth, strong margins, and prudent expense management, all of which signal continued sound performance within a highly competitive technology sector.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.