{"slug":"apple","name":"Apple","name_en":"Apple","ticker":"AAPL","updated_at":"2026-06-20","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":"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":"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":"Samsung Electro-Mechanics","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."}]}]}