TLDR
Apple became the first publicly traded U.S. company to reach a market value of $1+ Trillion in 2018. The iPhone alone pulled in 63% of Apple’s annual sales, earning $167 billion. Apple's array of self-made services accounted for 14% of the profits, collecting $37 billion. Overall, Apple's gross margin was $102 billion in 2018, and after deducing $164 billion in operating expenses, the gross margin of the company was $103 billion.via the TL;DR App
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Written by brianwallace | Founder @ NowSourcing | Contributor at Hackernoon | Advisor: Google Small Biz, SXSW | Founder of The Innovate Summit
