• Apple average operating margin for 2023 was 29.74%, a 1.82% increase from 2022.
• Apple average operating margin for 2022 was 30.29%, a 3.73% decline from 2021.
• Apple average operating margin for 2021 was 29.2%, a 18.7% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.