11/08/2022

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Apple Eire experiences $211.1 billion in 2021 revenues for Europe

DUBLIN, Ireland: Filings rby Apple’s California headquarters indicate that its Ireland subsidiary earned $24.8 billion for the U.S. company in 2021.

Apple’s European operations are headquartered in Cork, and Apple employs 6,000 staff throughout Ireland.

Reports from Apple indicate revenues earned from its Ireland headquarters in 2021 were $211.1 billion.

Apple remains one of Ireland’s largest companies.

By having its European operations headquartered in Ireland, Apple benefits from Ireland’s low tax rates.

For similar tax reasons, it is advantageous for Apple to keep its European revenues outside the U.S., with only profits being funneled back to its California headquarters.

Apple employs 52,563 throughout its European operations, including in Ireland.

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