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Profits at Apple's Cork based subsidiary down 19%

Updated / Thursday, 6 May 2021
10:30
AOI is registered at the company s Holyhill campus in Cork and covers most of Apple s non-US subsidiaries
Pre-tax profits at an Irish-based Apple business last year decreased by 19% to $33.8 billion (€28 billion), new figures show today.
Apple Operations International Ltd s (AOI) daily pre-tax profits of $92.6m (€76.9m) for the 12 months to September 26 are revealed in new accounts filed with the Companies Office.
The drop in pre-tax profit came in spite of revenues increasing by 5% from $140.99 billion to $148.16 billion for the 12 month period.
A chief factor in the drop in pre-tax profit was the company s Research & Development spend more than doubling from $7.59 billion to $15.48 billion. ....

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Apple's Cork pre-tax profit fell 19% to a mere $33.8 billion last year

Apple has filed its accounts for its Cork-based Irish subsidiary.
Numbers show Apple s pre-tax profit fell by 19% to $33.8 billion last year.
The drop comes in spite of increasing revenues because of a huge increase in R&D spending.
New filings for Apple s Cork-based subsidiary in Ireland have revealed a fall in pre-tax profits of 19% to $33.8 billion, despite an increase in revenue.
Pre-tax profits at an Irish-based Apple business last year decreased by 19% to $33.8 billion (€28 billion), new figures show today.
Apple Operations International Ltd s (AOI) daily pre-tax profits of $92.6m (€76.9m) for the 12 months to September 26 are revealed in new accounts filed with the Companies Office. ....

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