United states securities and exchange commission


Products and Services Performance


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10-K-2022-(As-Filed)

Products and Services Performance
The following table shows net sales by category for 2022, 2021 and 2020 (dollars in millions):
2022
Change
2021
Change
2020
Net sales by category:
iPhone
(1)

205,489 
7 % $ 
191,973 
39 % $ 
137,781 
Mac 
(1)
40,177 
14 %
35,190 
23 %
28,622 
iPad
(1)
29,292 
(8) %
31,862 
34 %
23,724 
Wearables, Home and Accessories 
(1)(2)
41,241 
7 %
38,367 
25 %
30,620 
Services 
(3)
78,129 
14 %
68,425 
27 %
53,768 
Total net sales

394,328 
8 % $ 
365,817 
33 % $ 
274,515 
(1)
Products net sales include amortization of the deferred value of unspecified software upgrade rights, which are bundled in 
the sales price of the respective product.
(2)
Wearables, Home and Accessories net sales include sales of AirPods, Apple TV, Apple Watch, Beats products, HomePod 
mini and accessories.
(3)
Services net sales include sales from the Company’s advertising, AppleCare, cloud, digital content, payment and other 
services. Services net sales also include amortization of the deferred value of services bundled in the sales price of certain 
products.
iPhone
iPhone net sales increased during 2022 compared to 2021 due primarily to higher net sales from the Company’s new iPhone 
models released since the beginning of the fourth quarter of 2021.
Mac
Mac net sales increased during 2022 compared to 2021 due primarily to higher net sales of laptops.
iPad
iPad net sales decreased during 2022 compared to 2021 due primarily to lower net sales of iPad Pro.
Wearables, Home and Accessories
Wearables, Home and Accessories net sales increased during 2022 compared to 2021 due primarily to higher net sales of Apple 
Watch and AirPods.
Services
Services net sales increased during 2022 compared to 2021 due primarily to higher net sales from advertising, cloud services 
and the App Store.
Apple Inc. | 2022 Form 10-K | 21



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