According to recent data on StockApps.com, Apple’s total net income grew by 106.4% in the last five years.

The site’s financial analyst EdithReads comments,” Apple’s gains are only a testament to Apple products’ significant control in the market. Buying an Apple product is more than just having a device or software; it brings a sense of entitlement, luxury and a whole other experience. Their products have stood strong against the test of time and will continue to do so with ingenuity and innovation being priorities at Apple.”

Apple is consistently concerned with giving customers an experience rather than simply closing a deal – giving itself a well-earned competitive edge.

Since 2018, Apple’s net income has significantly grown from $59.5 billion to $99.8 billion in 2022. The sales were augmented with the release of new products from the iPhone 14 series, the iPhone 13 series, new Apple Watches, AirPods Pro, a new-look 10.9-inch iPad, the Mac Studio, and the M2 MacBook Air and M2 13in MacBook Pro, among others. The full story and statistics can be found here: Apple’s Total Net Income