Apple 2022 services revenue Archives - TechGoing https://www.techgoing.com/tag/apple-2022-services-revenue/ Technology News and Reviews Fri, 10 Feb 2023 02:10:47 +0000 en-US hourly 1 https://wordpress.org/?v=6.4.4 Apple’s 2022 services revenue already exceeds that of Nike and McDonald’s combined https://www.techgoing.com/apples-2022-services-revenue-already-exceeds-that-of-nike-and-mcdonalds-combined/ Fri, 10 Feb 2023 02:10:45 +0000 https://www.techgoing.com/?p=70930 According to the latest analysis report released by the market research agency Finbold, the revenue of Apple’s service business will reach 79.4 billion US dollars in 2022, and this market segment alone has surpassed many Fortune 500 companies. This analysis report lists the revenues of many well-known companies in 2022. The summary is as follows: […]

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According to the latest analysis report released by the market research agency Finbold, the revenue of Apple’s service business will reach 79.4 billion US dollars in 2022, and this market segment alone has surpassed many Fortune 500 companies.

This analysis report lists the revenues of many well-known companies in 2022. The summary is as follows:

Boeing’s 2022 revenue of $66.6 billion

Intel’s 2022 revenue will be $63.1 billion

Nike’s 2022 revenue will be $49.1 billion

US airlines to generate $49 billion in revenue in 2022

Coca-Cola’s 2022 revenue of $42.3 billion

McDonald’s to generate $23 billion in revenue in 2022

In other words, Apple’s revenue from the service business alone exceeds the combined revenue of Nike and McDonald’s ($72.1 billion). Finbold is optimistic about Apple Services and sees significant potential for further growth in the consumer and enterprise markets.

Apple’s service business includes subscription services (Apple One), advertising revenue (Apple search engine and App Store) and fee income (App Store).

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