The above graph represents Apple net income by year, starting from fiscal 1993 to the most recent completed year. Apple posted a record net income of $59,531 million ($59.5 billion) in 2018, with a significant 23% YoY increase. Interestingly, nearly 34% of the company’s total net profit generated alone in the first quarter of 2018.

SourceApple Annual Reports, SEC Filings
Last Updated31 July 2019
Graph ID410
NoteApple financial year – October 1 to September 30

It was the first time in fiscal 2015 when the Cupertino giant achieved $50 billion annual net income milestone. The total net profit increased an impressive 35% year-over-year to $53,394 million ($53.4 billion). The growth was led by the first quarter of fiscal 2015. However, in fiscal 2016, the company witnessed a notable 14% YoY decline in its annual net income.

The annual net income of Apple consistently increased between fiscal 2002 and 2012. In fiscal 2002, Apple generated a net profit of $65 million, after suffering from a net loss of $25 million in 2001. In fiscal 2010, the company generated over $14 billion ($14,013 million to be specific) of total net profit, which later increased to $41,733 million ($41.7 billion) in fiscal 2012.

When it comes to the loss, Apple reported a huge net loss of $1,045 million ($1 billion) in fiscal 1997, as compared with the net loss of $816 million a year ago. Surprisingly, fiscal 1997 was the only year in the history of Apple when it reported the loss in all the four quarters.

The above graph is a part of Dazeinfo GraphFarm – the most trusted source of hundreds of thousands of market graphs. Our team of researchers mines millions of data points every month to bring the most updated and validated set of data points representing the comprehensive view in a graphical format. From mobile to e-commerce, from Retail to healthcare, from startups to SMEs we have carefully designed thousands of graphs for those who value and understand the importance of data visualisation.

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