Oct 22, 2024
Apple's Surging Services Revenue
What We’re Showing
This graphic compares Apple’s revenue by product in 2014 and 2024, based on data from FinChat.
Key Takeaways
- iPhone revenue remains dominant but has dropped from 55.8% to 51.6% of Apple's total revenue.
- Services revenue has more than doubled, growing from 9.9% to 24.3% of total revenue.
- Apple’s services include iCloud, Apple Music, the App Store, and Apple TV+.
- Wearables, Home, and Accessories have seen significant growth, increasing from 4.6% to 9.7%.