{"slug":"apple","name":"Apple","name_en":"Apple","ticker":"AAPL","updated_at":"2026-06-21T08:17:51.639393+00:00","canonical":"https://valuechain.wiki/apple","kicker":"소비자 기기 · 자체 실리콘 · 서비스","kicker_en":"Consumer devices · In-house silicon · Services","lead":"밸류체인의 수요 끝단. 소비자에게 iPhone·Mac을 팔고 자체 칩(A·M)은 TSMC에 위탁, 메모리는 삼성·SK·마이크론, 무선 부품은 브로드컴에서 매입. TSMC의 2위 고객(매출 17%).","lead_en":"The demand end of the chain. Sells iPhone and Mac to consumers; its own chips (A, M) are made by TSMC, memory comes from Samsung, SK and Micron, and wireless parts from Broadcom. TSMC's second-largest customer (17% of revenue).","segments":{"fy":2025,"parts":[{"desc":"스마트폰(자체 A칩)","name":"iPhone"},{"desc":"자체 M칩","name":"Mac·iPad"},{"desc":"App Store·구독","name":"서비스"}],"total":"FY2025 매출 약 $391B (iPhone·Mac·iPad·웨어러블·서비스)","source":"https://www.sec.gov/Archives/edgar/data/320193/000032019325000079/aapl-20250927.htm","concentration":"수요 끝단(소비자). 공급사 집중: 자체칩 TSMC, 메모리 삼성·SK·마이크론, 무선 브로드컴."},"segments_en":{"parts":[{"desc":"Smartphone (in-house A chip)","name":"iPhone"},{"desc":"In-house M chip","name":"Mac & iPad"},{"desc":"App Store and subscriptions","name":"Services"}],"total":"FY2025 revenue about $391B (iPhone, Mac, iPad, Wearables, Services)","concentration":"Demand end (consumers). Supplier concentration: TSMC for its own chips, Samsung/SK/Micron for memory, Broadcom for wireless."},"edges":[{"direction":"revenue","counterparty":"서비스 (App Store·구독·iCloud)","counterparty_slug":null,"confidence":"high","metric":{"type":"revenue","unit":"USD","basis":"서비스 부문 매출","value":109200000000,"period":"FY2025","basis_en":"Services segment revenue"},"note":"앱스토어·구독·아이클라우드·결제 등 서비스 매출. FY2025 $109.2B(+13.5%)로 두 번째로 큰 사업.","note_en":"App Store, subscriptions, iCloud and payments. FY2025 services revenue $109.2B (+13.5%), its second-largest business.","sources":[{"stance":"confirms","publisher":"미국 증권거래위원회(SEC EDGAR)","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-10-30","url":"https://www.sec.gov/Archives/edgar/data/0000320193/000032019325000077/a8-kex991q4202509272025.htm","title":"Apple FY2025 4분기 실적 (8-K)","title_en":"Apple FY2025 Q4 results (8-K)","excerpt":"FY2025 서비스 매출 $109.2B, 4분기 사상 최대.","excerpt_en":"FY2025 Services revenue $109.2B, record Q4."}]},{"direction":"cost","counterparty":"삼성전자","counterparty_slug":"samsung-electronics","confidence":"high","metric":{"type":"supply_share","unit":"pct","basis":"iPhone17 LPDDR5X 점유(1위)","value":65,"period":"iPhone 17","basis_en":"iPhone 17 LPDDR5X share (top supplier)","qualifier":"approx"},"note":"아이폰용 메모리(LPDDR·NAND) 최대 공급사. iPhone17 LPDDR5X 60~70% 확보.","note_en":"Largest memory supplier (LPDDR, NAND) for the iPhone; took 60-70% of iPhone 17 LPDDR5X.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2025-12-21","url":"https://www.hankyung.com/article/202512216673i","title":"\"애플 물량 싹쓸이\"…삼성 반도체의 '숨은 공신'","title_en":"Samsung's quiet win: sweeping up Apple's memory orders","excerpt":"삼성이 아이폰17 LPDDR5X 물량 60~70%를 확보하며 1위 공급사로.","excerpt_en":"Samsung secured 60-70% of iPhone 17 LPDDR5X volume, becoming the top supplier."}]},{"direction":"cost","counterparty":"TSMC","counterparty_slug":"tsmc","confidence":"high","metric":{"type":"revenue_share","unit":"pct","basis":"TSMC 매출 중 Apple 비중","value":17,"period":"2025","basis_en":"Apple's share of TSMC revenue","qualifier":"exact"},"note":"A·M 시리즈 프로세서 파운드리. Apple은 TSMC 2위 고객(매출 17%).","note_en":"Foundry for the A and M series. Apple is TSMC's second-largest customer (17% of revenue).","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":null,"kind":"filing","lang":"en","published_at":"2026-04-16","url":"https://www.sec.gov/Archives/edgar/data/1046179/000162828026025362/tsm-20251231.htm","title":"TSMC Form 20-F (FY2025, 2025-12-31)","title_en":null,"excerpt":"TSMC 20-F: 2위 고객(Apple)이 2025 매출의 17%.","excerpt_en":"TSMC 20-F: second-largest customer (Apple) was 17% of 2025 revenue."},{"stance":"mentions","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-10-31","url":"https://www.sec.gov/Archives/edgar/data/320193/000032019325000079/aapl-20250927.htm","title":"Apple Form 10-K (FY2025, 2025-09-27)","title_en":"Apple Form 10-K (FY2025, 2025-09-27)","excerpt":"Apple 10-K: 핵심 부품을 외부 파운드리에 위탁(custom components).","excerpt_en":"Apple 10-K: custom components produced by outsourcing partners."}]},{"direction":"revenue","counterparty":"소비자·통신사 (iPhone·Mac·서비스)","counterparty_slug":null,"confidence":"high","metric":null,"note":"밸류체인의 수요 끝단. 소비자·통신사·서비스 구독자에게 직접 판매(FY2025 약 $391B).","note_en":"The demand end of the chain. Sells directly to consumers, carriers and service subscribers (about $391B in FY2025).","sources":[{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-10-31","url":"https://www.sec.gov/Archives/edgar/data/320193/000032019325000079/aapl-20250927.htm","title":"Apple Form 10-K (FY2025, 2025-09-27)","title_en":"Apple Form 10-K (FY2025, 2025-09-27)","excerpt":"Apple 10-K: 제품·서비스 매출 약 $391B(소비자 중심).","excerpt_en":"Apple 10-K: products and services revenue about $391B, consumer-driven."}]},{"direction":"cost","counterparty":"SK하이닉스","counterparty_slug":"sk-hynix","confidence":"high","metric":null,"note":"아이폰용 메모리(LPDDR·NAND) 공급사.","note_en":"Memory supplier (LPDDR, NAND) for the iPhone.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2025-12-21","url":"https://www.hankyung.com/article/202512216673i","title":"\"애플 물량 싹쓸이\"…삼성 반도체의 '숨은 공신'","title_en":"Samsung's quiet win: sweeping up Apple's memory orders","excerpt":"아이폰은 삼성·SK하이닉스·마이크론 메모리 3사에서 LPDDR 공급받음.","excerpt_en":"The iPhone gets LPDDR from all three memory makers: Samsung, SK and Micron."}]},{"direction":"cost","counterparty":"앰코테크놀로지","counterparty_slug":"amkor","confidence":"high","metric":null,"note":"아이폰 등 칩의 후공정 패키징·테스트를 앰코에 위탁(10년+ 최대고객 관계).","note_en":"Outsources packaging and test of iPhone and other chips to Amkor (10+ year, largest-customer relationship).","sources":[{"stance":"confirms","publisher":"앰코테크놀로지 IR","publisher_en":"Amkor Technology IR","kind":"ir","lang":"en","published_at":null,"url":"https://ir.amkor.com/news-releases/news-release-details/amkor-technology-breaks-ground-new-semiconductor-advanced","title":"앰코, 애리조나 $7B 패키징 캠퍼스 착공 (애플 최대고객)","title_en":"Amkor breaks ground on $7B Arizona packaging campus (Apple largest customer)","excerpt":"애플이 앰코의 최대 고객.","excerpt_en":"Apple is Amkor’s largest customer."}]},{"direction":"cost","counterparty":"Qualcomm","counterparty_slug":"qualcomm","confidence":"high","metric":null,"note":"Qualcomm에서 5G 모뎀 칩 매입/사용.","note_en":"Uses/buys 5G modem chips from Qualcomm.","sources":[{"stance":"confirms","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2026-01-07","url":"https://www.hankyung.com/article/2026010776221","title":"삼성 파운드리, 퀄컴 물량 따내고 TSMC 추격","title_en":"Samsung Foundry wins Qualcomm orders, chases TSMC","excerpt":"삼성과 2나노 파운드리 재논의.","excerpt_en":"Samsung in talks for 2nm foundry."},{"stance":"confirms","publisher":"TrendForce","publisher_en":"TrendForce","kind":"news","lang":"en","published_at":"2025-03-26","url":"https://www.trendforce.com/news/2025/03/26/news-qualcomm-reportedly-skips-samsung-taps-tsmcs-4nm-for-latest-snapdragon-8s-gen-4/","title":"퀄컴, 스냅드래곤 8s Gen4를 TSMC 4nm로","title_en":"Qualcomm taps TSMC 4nm for Snapdragon 8s Gen 4","excerpt":"스냅드래곤 최첨단 물량 TSMC로.","excerpt_en":"Leading-edge Snapdragon volume moved to TSMC."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-11-06","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=QCOM&type=10-K","title":"Qualcomm 연례보고서 (10-K)","title_en":"Qualcomm Form 10-K","excerpt":"10-K: QCT 칩셋·QTL 라이선스.","excerpt_en":"10-K: QCT chipsets and QTL licensing."}]},{"direction":"cost","counterparty":"Arm Holdings","counterparty_slug":"arm","confidence":"high","metric":null,"note":"Arm Holdings에서 CPU 아키텍처 IP(라이선스·로열티) 매입/사용.","note_en":"Uses/buys CPU-architecture IP (license and royalty) from Arm Holdings.","sources":[{"stance":"confirms","publisher":"이코노미6","publisher_en":"Economy6","kind":"news","lang":"ko","published_at":"2026-01-15","url":"https://www.economy6.com/2026/01/arm-stock.html","title":"ARM 홀딩스 실적·엔비디아 관계 정리","title_en":"Arm Holdings results and the NVIDIA relationship","excerpt":"애플·퀄컴·삼성·엔비디아가 ARM IP 사용.","excerpt_en":"Apple, Qualcomm, Samsung, NVIDIA use ARM IP."},{"stance":"confirms","publisher":"Arm IR","publisher_en":"Arm IR","kind":"ir","lang":"en","published_at":"2024-07-01","url":"https://investors.arm.com/static-files/219a3b28-f209-4d74-8bc6-f9e026d55a95","title":"Arm 연차보고서 FY2024","title_en":"Arm Annual Report FY2024","excerpt":"FY2024 매출 $3.23B.","excerpt_en":"FY2024 revenue $3.23B."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-05-22","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=ARM&type=20-F","title":"Arm 연례보고서 (20-F)","title_en":"Arm Holdings Form 20-F","excerpt":"20-F: 라이선스·로열티 매출.","excerpt_en":"20-F: licensing and royalty revenue."}]},{"direction":"cost","counterparty":"Murata","counterparty_slug":"murata","confidence":"high","metric":null,"note":"Murata에서 MLCC(적층세라믹콘덴서) 매입.","note_en":"Buys MLCCs from Murata.","sources":[{"stance":"confirms","publisher":"파이낸스스코프","publisher_en":"Finance Scope","kind":"news","lang":"ko","published_at":"2026-05-26","url":"https://www.finance-scope.com/article/view/scp202605260005","title":"AI·전장 슈퍼사이클…한·일 MLCC 가동률 90% 돌파","title_en":"AI/auto supercycle pushes Korea-Japan MLCC utilization past 90%","excerpt":"AI 서버 MLCC 수요 급증, 무라타 70%.","excerpt_en":"AI-server MLCC demand surges; Murata ~70%."},{"stance":"confirms","publisher":"무라타","publisher_en":"Murata","kind":"ir","lang":"en","published_at":"2025-05-01","url":"https://corporate.murata.com/en-global/ir","title":"무라타 IR","title_en":"Murata Investor Relations","excerpt":"IR: MLCC 매출·고객.","excerpt_en":"IR: MLCC revenue and customers."},{"stance":"confirms","publisher":"디일렉","publisher_en":"THE ELEC","kind":"news","lang":"ko","published_at":"2024-03-01","url":"https://www.thelec.kr/news/articleView.html?idxno=29456","title":"日 무라타, MLCC 수주잔고 3개 분기 연속 상승","title_en":"Murata MLCC backlog rises three quarters straight","excerpt":"무라타 MLCC 수주잔고 상승.","excerpt_en":"Murata MLCC backlog rising."}]},{"direction":"cost","counterparty":"Micron Technology","counterparty_slug":"micron","confidence":"mid","metric":null,"note":"아이폰용 메모리 공급사(3사 중 하나).","note_en":"Memory supplier for the iPhone (one of the three).","sources":[{"stance":"mentions","publisher":"한국경제","publisher_en":"Korea Economic Daily","kind":"news","lang":"ko","published_at":"2025-12-21","url":"https://www.hankyung.com/article/202512216673i","title":"\"애플 물량 싹쓸이\"…삼성 반도체의 '숨은 공신'","title_en":"Samsung's quiet win: sweeping up Apple's memory orders","excerpt":"아이폰 LPDDR 공급 3사에 마이크론 포함.","excerpt_en":"Micron is among the three iPhone LPDDR suppliers."}]},{"direction":"cost","counterparty":"Broadcom","counterparty_slug":"broadcom","confidence":"mid","metric":null,"note":"무선·RF 부품 매입. Apple은 브로드컴 최대 고객 중 하나.","note_en":"Buys wireless and RF parts. Apple is one of Broadcom's largest customers.","sources":[{"stance":"mentions","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-12-18","url":"https://www.sec.gov/Archives/edgar/data/1730168/000173016825000121/avgo-20251102.htm","title":"Broadcom Form 10-K (FY2025, 2025-11-02)","title_en":"Broadcom Form 10-K (FY2025, 2025-11-02)","excerpt":"Broadcom 10-K: 상위 5고객이 매출의 40%(애플 등 대형 단말사 포함).","excerpt_en":"Broadcom 10-K: top 5 customers are 40% of revenue (including large device makers such as Apple)."}]},{"direction":"cost","counterparty":"삼성전기","counterparty_slug":"samsung-electro-mechanics","confidence":"mid","metric":null,"note":"MLCC·기판 등 부품을 삼성전기에서 매입.","note_en":"Buys MLCCs and substrates from Samsung Electro-Mechanics.","sources":[{"stance":"mentions","publisher":"DART 전자공시 (금융감독원)","publisher_en":"DART (FSS Electronic Disclosure)","kind":"filing","lang":"ko","published_at":"2026-03-10","url":"https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260310003071","title":"삼성전기 사업보고서 (2025.12)","title_en":"Samsung Electro-Mechanics business report (2025.12)","excerpt":"삼성전기 사업보고서: 패키지솔루션(FC-BGA)·컴포넌트(MLCC) 부문. FY2025 매출 11.3조.","excerpt_en":"Samsung Electro-Mechanics business report: Package Solutions (FC-BGA) and Components (MLCC). FY2025 revenue ₩11.3T."},{"stance":"confirms","publisher":"디일렉","publisher_en":"The Elec","kind":"news","lang":"ko","published_at":"2026-01-31","url":"https://www.thelec.kr/news/articleView.html?idxno=51302","title":"삼성전기, MLCC·AI 서버용 기판 수요 급증…\"올해도 수급 빡빡\"","title_en":"Samsung Electro-Mechanics: surging demand for MLCC and AI-server substrates","excerpt":"삼성전기가 NVIDIA·AMD·구글·아마존·애플에 이어 브로드컴까지 FC-BGA 고객으로 확보, AI 가속기 기판 공급.","excerpt_en":"Samsung Electro-Mechanics added Broadcom to FC-BGA customers (after NVIDIA, AMD, Google, Amazon, Apple), supplying AI-accelerator substrates."}]},{"direction":"cost","counterparty":"Synopsys","counterparty_slug":"synopsys","confidence":"mid","metric":null,"note":"Synopsys에서 EDA 설계 툴·IP 매입/사용.","note_en":"Uses/buys EDA tools and IP from Synopsys.","sources":[{"stance":"confirms","publisher":"서울경제","publisher_en":"Seoul Economic Daily","kind":"news","lang":"ko","published_at":"2025-07-01","url":"https://www.sedaily.com/NewsView/2GVCJ4DVZD","title":"中, 시높시스-앤시스 합병 조건부 승인","title_en":"China conditionally approves Synopsys-Ansys merger","excerpt":"삼성 등 시높시스 EDA 활용.","excerpt_en":"Samsung and others use Synopsys EDA."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2024-12-18","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=SNPS&type=10-K","title":"Synopsys 연례보고서 (10-K)","title_en":"Synopsys Form 10-K","excerpt":"10-K: EDA 툴·IP 매출, 주요 반도체 고객.","excerpt_en":"10-K: EDA tools/IP revenue and major chip customers."},{"stance":"confirms","publisher":"SemiAnalysis","publisher_en":"SemiAnalysis","kind":"analysis","lang":"en","published_at":"2024-06-01","url":"https://newsletter.semianalysis.com/p/eda-market-primer","title":"EDA 시장 입문 (시높시스 31%·케이던스 30%)","title_en":"EDA Market Primer (Synopsys 31%, Cadence 30%)","excerpt":"시높시스 EDA 세계 ~31% 1위.","excerpt_en":"Synopsys leads EDA at ~31%."}]},{"direction":"cost","counterparty":"Cadence Design Systems","counterparty_slug":"cadence","confidence":"mid","metric":null,"note":"Cadence Design Systems에서 EDA 설계 툴·IP 매입/사용.","note_en":"Uses/buys EDA tools and IP from Cadence Design Systems.","sources":[{"stance":"confirms","publisher":"서울경제","publisher_en":"Seoul Economic Daily","kind":"news","lang":"ko","published_at":"2025-03-01","url":"https://www.sedaily.com/article/14136879","title":"AI 반도체 설계 강자 케이던스, 성장엔진 재점화","title_en":"Cadence, an AI chip-design leader, reignites growth","excerpt":"AI 칩 설계로 케이던스 성장.","excerpt_en":"Cadence grows on AI-chip design."},{"stance":"confirms","publisher":"SEC EDGAR","publisher_en":"SEC EDGAR","kind":"filing","lang":"en","published_at":"2025-02-24","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=CDNS&type=10-K","title":"Cadence 연례보고서 (10-K)","title_en":"Cadence Form 10-K","excerpt":"10-K: EDA 툴·IP 매출.","excerpt_en":"10-K: EDA tools/IP revenue."},{"stance":"confirms","publisher":"SemiAnalysis","publisher_en":"SemiAnalysis","kind":"analysis","lang":"en","published_at":"2024-06-01","url":"https://newsletter.semianalysis.com/p/eda-market-primer","title":"EDA 시장 입문 (시높시스 31%·케이던스 30%)","title_en":"EDA Market Primer (Synopsys 31%, Cadence 30%)","excerpt":"케이던스 EDA 세계 ~30% 2위.","excerpt_en":"Cadence is No.2 in EDA at ~30%."}]}]}