Apple once again biggest company in Ireland with profits of just under €70bn

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Apple once again biggest company in Ireland with profits of just under €70bn
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Top 1000 survey of companies shows that Apple was the biggest entity with revenue last year of €223bn and big tech groups taking five of the top 10 rankings via IrishTimesBiz

Top 1,000 survey of companies shows Apple as biggest entity with revenue last year of €223bn. Big tech groups took five of top 10 rankingsIPhone maker Apple’s huge profitability is thought to be one of the key factors behind the surge in Irish corporation tax revenues in recent years.

The iPhone maker recorded revenue of €222.8 billion in the year to September 24th, 2022, with profits of €69.5 billion. The company’s huge profitability is thought to be one of the key factors behind the surge in Irish corporation tax revenues in recent years. In terms of turnover, Microsoft overtook Google to claim second spot, with turnover of €65.4 billion , and profits of just more than €3.5 billion for the year to the end of June 2022. Google was third with revenues of €64.5 billion while Meta’s Irish operation recorded income of €52.3 billion.

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