How much money does Apple make per minute?

Based on the numbers released by one of the world's highest-grossing companies, many people might wonder how much money Apple makes every minute?

Apple's revenue and profits largely depend on the iPhone.

Another interesting point is the revenue from iPhone sales. In 2024, Apple earned a total of $201.16 billion from this product alone, accounting for more than half of the company's total revenue. This means that Apple makes about $382,724.50 every minute from iPhone sales alone.

According to calculations made over the past 6 years, from 2019 to 2024, Apple's revenue has remained stable at nearly $400 billion. Notably, in 2024, the company recorded revenue per minute of up to $744,016. That's quite a high number, but it's still not the highest because that position belongs to 2022, when the company earns about $750,247.34 per minute.

Fiscal year	Total annual income	Revenue per minute
2024	391.055 billion USD	744,016.36 USD
2023	383.290 billion USD	729,242.77 USD
2022	394.330 billion USD	750,247.34 USD
2021	365.820 billion USD	696,004.57 USD
2020	274.520 billion USD	522,298.33 USD
2019	260.170 billion USD	494,991.19 USD

Apple's huge profits

Revenue is one thing, while making a profit is another. 2024 is set to be one of Apple’s most profitable years ever, with the company projected to make nearly $200,000 per minute. However, that number could be impacted if the European Union (EU) demands Apple pay back about €13 billion in taxes. If that happens, Apple’s profits would drop to $178,360 per minute.

Fiscal year	Total profit	Profit per minute
2023	$93.746 billion ($103.946 billion without EU tariffs)	$178,360 ($197,766.26 if not subject to EU tax)
2023	97 billion USD	$184,555.99
2022	99.8 billion USD	189,878.23 USD
2021	94.68 billion USD	$180,136.99
2020	57.41 billion USD	109,227.55 USD
2019	55.26 billion USD	$105,136.99

While these numbers are down from 2022, when Apple hit its peak profit of $189,878.23 per minute, they still show the company’s impressive financial strength. Apple is now making nearly $3,000 per second, cementing its position as one of the highest-earning tech companies this year.

Apple's financial numbers are not only impressive, but also reflect the company's consistent success over the years. The iPhone remains the main driver of Apple's growth, and the company expects this trend to continue into the future.

Source: https://thanhnien.vn/apple-kiem-duoc-bao-nhieu-tien-moi-phut-185241209142013854.htm