Apple's Cork-based subsidiary records daily profits of €80m in 2020
The company last year paid dividends of $81.5bn to its parent company in the US
Numbers employed at AOI and subsidiaries last year totalled 51,255. Some 6,000 of those employees are based in Cork. Picture Dan Linehan
Thu, 06 May, 2021 - 10:12
Gordon Deegan
Pre-tax profits at an Irish-based Apple business last year decreased by 19pc cent to $33.8bn (€28bn).
Apple Operations International Ltd (AOI)'s daily pre-tax profits of $92.6m (€76.9m) for the 12 months to the end of September 26th last are revealed in new accounts filed with the Companies Office.
The drop in pre-tax profit came in spite of revenues increasing by 5pc from $140.99bn to $148.16bn for the 12 month period.