A dvances in Economics, Business and Manage


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A dvances in Economics, Business and Management Research, volume 203

n
home accessories are nearly holding constant, the

new appearance. That is to say, i there are m re new

get more benefits.
oting that, as can be seen in Figure 3, over time, the services such as iCloud and Apple Music are gradually proportion of iPhone has gradually dropped from 60.8% becoming the center of attention of consumers. to 50.2%, which is a 2% difference from the peak value Compared with the services, the iPhone can no longer in 2018. maintain old customers or attract more new ones with its While the proportions of Mac, iPad, wearables, and inventions like iCloud that can be fachieved andoused to proportions of Services have increased from 2017 to Apple’s products to serve customers better, Apple will
2020. There is enough evidence to show that Apples
Table 4. Apple Revenue by Reportable Segments on the Product Category (dollars in millions):

2017 2018 2019 2020


iPhone

Mac

iPad

Wearables, Home and Accessories

Services

Total revenue
139,337

25,569

18,802

12,826

32,700

229,234
164,888

25,198

18,380

17,381

39,748

265,595
142,381

25,740

21,280

24,482

46,291

260,174
137,781

28,622

23,724

30,620

53,768

274,515


Figure 3 Apple Revenue by Reportable Segments on the Product Category Historical Stock Price


This financial analysis is focused on Apple Incs contemporary corporate marketing situation according to the market fields of Apple, which contains the parts of product category and geographic basis of markets. It is lucid to draw the conclusion that Americans is the lucrative market for Apple, and iPhone is the most profitable product. Additionally, there are plenty of opportunities for Apple Inc to upsurge its profit in market regions like China, and Japan, by increasing the investment in advertising. Furthermore, there is a


continuously growing trend in the Apple Services area. It is significant for Apple Inc to foresee that and seize the opportunity to increase its market share and revenue.


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