Apple Takes $4.8 Billion Foreign Tax Credit for Ireland Tax Bill
Apple is recording a US foreign tax credit of $4.8 billion that will partly offset the cost to the company of a €13 billion ($14.2 billion) tax bill it must pay Ireland because of an EU court ruling ...
Apple Sales Hit Quarterly Record as iPhone Business Rebounds
Apple reported revenue reached an all-time high for the September quarter, propelled by a modest rebound in iPhone sales that ...
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Apple posts $14.7bn net income despite EU tax bill
Apple on Thursday posted a net income of $14.7 billion in the past quarter despite a huge tax bill in Ireland, a significant ...
iPhone sales are booming — with or without Apple Intelligence
To cap off a busy week that saw the rollout of the first Apple Intelligence features and several new Macs, Apple reported its ...
Apple Profit Drops 36% on EU Tax Charge as Services Revenue Hits $25 Billion in New Quarterly Record
Apple’s bottom line took a hit from a recent European Union tax ruling, as smartphone revenue — including sales of its new AI ...
Apple’s Quarterly Profit Down Because of Tax Payment in Europe
Sales for the iPhone maker were up 6 percent to to $94.93 billion. But a $14.4 billion tax bill cut profits that would have ...
Apple’s Profit Drops 36% as Tech Giant Pays $10 Billion to Resolve European Tax Issue
Apple reported its Q4 earnings on Thursday, with the iPhone maker posting sales of $94.9 billion but also taking a $10 ...