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Below are the 10 largest private companies by revenue in 2023 (mostly for fiscal year 2022), according to Forbes. [2] Rank ... Apple: Electronics 96,995 2 Berkshire ...
All data in the table is taken from the Fortune Global 500 list of technology sector companies for 2023 [ 2 ] unless otherwise specified. As of 2023, Fortune lists Amazon (revenue of $513.98 billion), Jingdong ($155.53 billion), and Alibaba ($126.81 billion) in the retailing sector rather than the technology sector. [ 3 ] US. US.
That year, Apple was one of the largest corporate spenders on research and development worldwide, with R&D expenditure amounting to $27 billion. [300] In May 2023, Apple reported a decline in its sales for the first quarter of 2023. Compared to that of 2022, revenue for 2023 fell by 3%. This is Apple's second consecutive quarter of sales decline.
Apple is expected to generate just over $390 billion in revenue in the current fiscal year, which would be an improvement of less than 2% from its top line in fiscal 2023.
In the fiscal 2024 third quarter (ended June 29), Apple raked in $24.2 billion in revenue from software and services, an 83% jump from the same period four years earlier.
Apple delivered solid financial results for the June 2023 quarter that beat Wall Street estimates, even as top-line revenue dipped 1.4% on lower-than-expected iPhone sales. CEO Tim Cook boasted of ...
This list comprises the world's largest companies by consolidated revenue, according to the Fortune Global 500 2024 rankings and other sources. [2] American retail corporation Walmart has been the world's largest company by revenue since 2014. [1] The list is limited to the largest 50 companies, all of which have annual revenues exceeding US ...
Apple turned in another record quarter in its services business, as strong iPhone 15 sales boosted total revenue 2% in the last three months of 2023 — rebounding after four quarters of year-over ...