Apple's Innovation Over The Past 2 Decades

As mentioned earlier in the week, Apple had their third product launch event on Tuesday, mostly focused on the new MacBooks which will run Apple's own chips instead of Intel's chips. Mac used to be Apple's bread and butter, until the iPod and then iPhone success. In 2020 though, Apple sold over $28.6 billion worth of computers, four times more than it did in the year 2000.

According to our friends at Statista, Mac sales might have quadrupled in the past two decades, but Apple's total sales increased more than 30-fold over the same period. The business enjoyed more growth outside selling computers, which is why the company renamed itself from Apple Computer Inc. to just Apple Inc.

Steve Jobs released the first iMac in 1998 when he rejoined Apple, this helped lay the groundwork for what will make Apple the most valuable company just two decades later. Mac has since lost its importance as it only accounts for just 10.4% of Apple's sales.

You will find more infographics at Statista