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Apple Loses Major Tax Dispute in Europe, Must Pay Ireland €13 Billion
The European Union's Court of Justice today said it has confirmed the European Commission's 2016 decision that Ireland had given illegal tax...
Update - 6:09 a.m. Pacific Time: In a filing with the U.S. Securities and Exchange Commission today, Apple said it "expects to record a one-time income tax charge in its fourth fiscal quarter ending September 28, 2024, of up to approximately $10 billion." Apple's next-generation iPhone 16 series is expected to launch on September 20 and will compete in a quickly evolving smartphone market, and with some notable upgrades rumored, the new models could see price changes compared to previous years. Apple today announced that the AirPods Max are being updated with a USB-C charging port and new color options, including Midnight, Blue, Purple, Orange, and Starlight.
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