To Top

Apple Net Worth

We use different Apple products and certainly enjoy the wonderful services they provide. The quality of Apple products has earned the company a good reputation which explains its immense success. Consequently, this technology company has made large amount of profits which has significantly contributed to its exceedingly high net worth. This will impress you.

Apple Net Worth - $1.4 TRILLION

Type - Public
Traded as - NASDAQ: AAPL, Dow Jones Industrial Average component, NASDAQ-100 component, S&P 500 component
Industry - Computer hardware, Computer software, Consumer electronics, Digital distribution
Founded - April 1, 1976, in Cupertino, California, U.S.
Founders - Steve Jobs, Steve Wozniak, Ronald Wayne
Website -

Apple is a technology company that is based in California in the United States. It manufactures and provides a wide range of products especially communication devices to millions of consumers. Some of its products include iPhone, iPad, iPod, Mac Computer, softwares and Apple watch. Its first computer product was made in 1976 by 3 friends ; Steve Jobs, Ronald Wayne and Steve Wazniak in a garage. The world’s biggest company also intends to venture into television by 2016 and automobile by 2020 with a projected $2.2 trillion dollars profit. According to investor Carl Ichn, the company is worth $ 1.4 trillion as per the year 2015.

Starting with its software, the company has generated a lot of cash from the sale of operating systems for most Apple devices in the Apple ecosystem. Such include iOS and OS X. Safari web browser and iTunes media players, Aperture, iWork, and iMovie are just but a few softwares that the company produces.

Secondly, this multi-billion company also provides a wide range of online services in order to reach million of its customers distributed all over the world. That is why we have iOS App Store, iTunes Store, iCloud and Mac App store. This gives the user an opportunity to download the company’s apps which in turn translates to revenue. iTunes is arguably the biggest online music retailer world wide.

Apple hardware products are just exemplary. This is why they have continued to command high sales despite their relatively high prices when compared to other products in the market. For instance iPhones, iPads, iPod and Mac computer. Many people are in possession of at least one of Apple products. This simply translates to profits for Apple hence its excessively net worth.

Reliable reports have also proven that of all the companies that deal in technology products, Apple takes the lead not only in the number of products it produces but also the profits it generates. For instance in 2015 fiscal year, its revenue collection by September stood at a whooping US$ 233 billion. It also has the highest number of assets and is regarded as one of the top mobile phone manufacturing company, being rated at position 3 worldwide. This has largely contributes to its amazing net worth.

The company’s net worth can be reflected in the huge number of employees it has but still manages to pay dearly. Apple employs over 100,000 people on permanent basis besides those that are distributed in their stores in major world cities. The Company has also collaborated with others such as Microsoft in order to produce Microsoft Office software for Mac computers. It also offers services in digital video editing through the use of editing software like Final Cut Pro. All this is money.

In one legal suit over infringement of intellectual property, Apple was paid $450 million by Samsung for damages caused. In conclusion, Apple is indeed a rich company and we expect its revenue to double with the introduction of the much anticipated Apple TV and Apple cars. What a big and profitable company!

More in Business

  • Sergey Brin Net Worth

    There are not many people in the world who have never heard about Sergey Brin and his huge financial success, but his story is still unbelievable to many. Having recently reached the impressive amount of $37.5 billion Sergey Brin net worth estimates are among the highest in the world. This is definitely an instance of

  • Phil Knight Net Worth

    For some, Phil Knight is just a name, but, for many, it is the name and mind behind the Nike products. After all, most people are wearing them today. The decision to get into sportswear and gear was the best one Knight took and maybe the corner stone of the impressive Phil Knight net worth

  • Jeff Bezos Net Worth

    Jeffrey Preston Bezos was born in Albuquerque, New Mexico on January 12, 1964. Today, he is known as the CEO and the founder of the Amazon Company. As a kid, Bezos was passionate by mechanics and, because of that, he decided to attend courses at Princeton University, where he graduated with a degree in electrical

  • Larry Page Net Worth

    Many people know Larry Page as one of the richest people in the world. To put it in perspective, he is actually the 31st richest person in the world, and this is really something to be proud of. It is estimated that Larry Page achieved a net worth of $29.2 billion. But how did he

  • Larry Ellison Net Worth

    One thing is certain: a significant percentage of the most influential people of the last three decades are nerds, computer nerds, more specifically. Let us just take a look at Steve Jobs, Bill Gates, Michael Dell and Larry Ellison. Larry Ellison Net Worth - $49.7 Billion Birth Name - Lawrence Joseph Ellison Date of birth

  • Martin Shkreli Net Worth

    A promising entrepreneur Martin Shkreli proudly demonstrates his best business potential on the photo. Pleasant smile in combination with black elegant suit and simplicity of Oxford freshman adds to mixed feelings about his personality. How can this man with student appearance become one of the richest young Forbes millionaires? Here there are just some facts

  • Sundar Pichai Net Worth

    The unexpected announcement of Google restructuring ascended the name of Sundar Pichai to the zenith of fame. The career take off of" timid and helpful" Indian to the top of the Internet Corporation with $ 66-billion revenue and $ 16-billion profit will become one of the most prominent success stories in the technology sector. Sundar

  • Warren Buffett Net Worth

    Warren Buffett is a well-known business magnate, philanthropist, and investor—the last of which he has been called the most successful investor of the 20th century, bar none. As the CEO, chairman, and largest shareholder of Berkshire Hathaway, he is currently the third wealthiest person in the world as of November 2015. Buffett’s net worth as

  • Mark Zuckerberg Net Worth

    Born Mark Elliot Zuckerberg in White Plains, New York on May 14, 1984. Mark Zuckerberg has a net worth of $45.1 billion. Zuckerberg is exactly half of the average age of a typical CEO in the S&P 500. Zuckerberg became a billionaire at the very young age of 23. He is an internet entrepreneur, computer