Apple receives €23.5bn in dividends from its Irish subsidiary

New accounts show Apples sales jumped by more than 40% last year

Apple Operations International (AOI) which is based in Hollyhill in Cork covers nearly all of the technology giant's non-US subsidiary companies. Picture Dan Linehan

Apple’s main Irish company main paid dividends of $24.8bn (€23.5bn) to its parent company in the US last year, newly filed accounts show.

Apple Operations International (AOI) which is based in Hollyhill in Cork is the holding company for nearly all of the technology giant's non-US subsidiary companies.