Revenues at Cork-based Apple business rise to a record $235bn

Financial statements for the Cork-based Apple Operations International Ltd alone show  it recorded a post-tax profit of $73.66bn last year, an 1% increase on the post-tax profits of $62.3bn for the prior year

Cathy Kearney, vice-president operations, Apple, welcomes Taoiseach Micheál Martin and Lord Mayor of Cork Fergal Dennehy to the opening of Apple’s new Hollyhill 5 building on its Cork campus.

Pre-tax profits at the main Irish subsidiary of iPhone maker Apple last year increased by 6% to $80.96bn (€70.49bn) in another record year for the business.

New consolidated accounts filed by the Cork based Apple Operations International Ltd show pre-tax profits increased as revenues rose by $13bn or 6%, from $222.3bn to $235.3bn in the 12 months to the end of September 27 last.