Cork-based Apple Operations records profit jump

The accounts don’t disclose corporate tax paid in Ireland but state that a 12.5% corporate tax charge would have resulted in corporation taxes of $8.66bn.

AOI incurred a corporation tax charge of $11.08bn last year across a number of countries. Picture: Dan Linehan

Pre-tax profits at the main Irish subsidiary of iPhone maker, Apple, last year increased by 2% to $69.3bn (€63.4bn).

The pre-tax profits recorded by Cork-based Apple Operations International Ltd and subsidiaries equate to daily pre-tax profits of $189.87m for the 12 months to the end of September 24, 2022.