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Judgment undermines the narrative put forward by the Coalition and previous administrations that Ireland was not a tax haven

What's going to happen to the €14bn after Apple judgment?

There is no doubt that today's surprise ruling forcing Apple to pay Ireland an eye-watering €13bn plus interest is a significant blow to the State's reputation.

Analysis and Comment • 10 Sep 24

Margrethe Vestager told reporters that the ruling was a win for the level playing field of the EU's internal market

Apple tax ruling a 'big win for EU citizens' - Vestager

EU competition chief Margrethe Vestager has hailed the judgment by the European Court of Justice as "a big win for EU citizens and tax justice".

Europe • 10 Sep 24

Apple lost its fight against the European Commission's ruling that it underpaid €13bn in tax due to Ireland

Apple tax funds 'cannot be used for day-to-day spending'

The Taoiseach has said that the €14 billion in tax due to Ireland following the ruling against Apple cannot be used for day-to-day spending, adding that the Government will give careful consideration on how best to use the funds.

Business • 11 Sep 24

The European Union's Digital Markets Act came into effect in 2022, aiming to rein in the power of Big Tech and ensure a level playing field for smaller rivals

FACTBOX - European regulators crack down on Big Tech

European regulators have launched a series of investigations into Big Tech in recent years

Business • 10 Sep 24

Huawei is holding a launch event of its new Z-shaped smartphone Mate XT today

Huawei reveals new three way-foldable smartphone

China's Huawei Technologies has today unveiled the world's first tri-foldable phone as it seeks to expand its lead in the world's biggest smartphone market and steal the spotlight from Apple hours after it debuted a new iPhone.

Business • 10 Sep 24

The case has been running for eight years

Apple must pay Ireland €14bn in unpaid taxes, court rules

Apple has lost its fight against the European Commission's ruling that it underpaid €14.1 billion in tax due to Ireland.

Business • 10 Sep 24

The whole kerfuffle has its roots in a 2013 appearance by Apple's boss before a US Senate committee

Twists and turns in the high stakes Apple tax case?

Will Goodbody provides an overview of the many twists and turns in the high stakes Apple tax case.

Analysis and Comment • 10 Sep 24

CEO Tim Cook at the launch of Apple's latest iPhone

Apple AirPods Pro to have 'clinical' hearing aid

Apple has unveiled its artificial intelligence-boosted iPhone 16, showing off the long-awaited phone hours after Chinese rival Huawei's tri-fold phone began racking up orders.

Business • 09 Sep 24

Television and smartphone makers are adopting OLED displays over LCDs for the former's ability to deliver more vivid colours and sharper contrast

Apple to switch to OLED displays for all upcoming iPhones

Apple will use organic light-emitting diode (OLED) displays for all iPhone models sold in 2025 and later, moving entirely away from liquid crystal displays (LCDs), Japan's Nikkei newspaper reported today, citing unnamed sources.

Business • 03 Sep 24

Apple's European headquarters is in Cork

EU court due to rule in Apple tax case on 10 September

The European Court of Justice is set to hand down its ruling in the €13bn tax case involving technology giant Apple and Ireland on 10 September.

Business • 30 Aug 24

The upcoming launches will be crucial for Apple as it looks to reverse a global slowdown in sales, particularly in China.

Apple expected to unveil new iPhone next month

Apple has said it will hold an event on 9 September in Cupertino, California, during which it is expected to launch its new iPhone series.

Business • 26 Aug 24

Apple is making changes to comply with the EU's digital rules

Apple to let iPhone users in Europe delete its App Store

Apple will allow iPhone and iPad users in the European Union to delete the App Store or its Safari browser, the tech firm has told developers.

Business • 22 Aug 24

The tech giants have faced scrutiny around the world over the dominance of their respective App Store and Google Play store platforms

UK watchdog closes probe into Apple, Google app stores

Britain's competition watchdog has closed its existing investigations into Apple and Google's respective app stores, awaiting new laws governing digital markets.

Business • 21 Aug 24

Epic Games has been in a long-running battle with Apple and Google over the terms and conditions applied to their app stores

Epic Games launches app store to bypass Apple & Google

Fortnite-creator Epic Games has launched its own app store that allows users to bypass the stores run by Apple and Google.

Business • 16 Aug 24

It was the firm's fourth consecutive quarterly profit rise.

Apple supplier Foxconn's second quarter profit rises 6%

Apple supplier Foxconn has reported a 6% rise in second-quarter net profit, driven by strong AI server demand as the company touted "strong growth momentum" from the technology boom.

Business • 14 Aug 24

Warren Buffett's Berkshire Hathaway has halved its stake in Apple - the conglomerate's top holding

Magnificent Seven set to shed $800 billion in value

Apple and other heavyweight companies sold off on Wall Street last night as US recession fears and Berkshire Hathaway's sale of half of its stake in the iPhone maker further deflated a months-long rally fueled by optimism about AI.

Business • 06 Aug 24

Apple is expected to launch what analysts have called the biggest software upgrade for the iPhone this autumn

Apple pins hopes on AI for iPhone upgrades

Apple said its third-quarter iPhone sales were better than expected and forecast more gains as it bets on artificial intelligence to attract buyers, even as its overall China business disappointed.

Business • 02 Aug 24

The iPhone maker is planning to begin rolling out Apple Intelligence to customers as part of software updates coming by October, the report added

Apple's artificial intelligence features to be delayed

Apple's upcoming artificial intelligence features will arrive later than anticipated and will miss the initial launch of upcoming iPhone and iPad software overhauls, Bloomberg News reported on Sunday.

Business • 29 Jul 24

The decline underscores the difficulties the US tech giant faces in its third-largest market.

Apple's China smartphone shipments drop 6.7%

Apple's smartphone shipments in China fell by 6.7% in the second quarter of 2024, as the tech giant faced intensifying competition from rivals like Huawei, according to data from market research firm Canalys.

Business • 25 Jul 24

Spain's antitrust regulator has opened an investigation into possible anti-competitive behaviour by Apple's App Store

Spain opens investigation into Apple's app store

Spain's antitrust regulator said today it had opened an investigation into possible anti-competitive behaviour by Apple's App Store, an allegation the tech giant denied.

Business • 24 Jul 24

More than 3,000 banks and issuers in Europe offer Apple Pay

Apple to let rivals use tap-and-go payment

Apple will open its tap-and-go mobile payments system to rivals, EU antitrust regulators have confirmed, ending a four-year long investigation that could have resulted in a hefty fine for the iPhone maker.

Business • 11 Jul 24

The company will establish a new engagement approach by hosting regular stakeholder meetings with strategic partners such as Microsoft and Apple

Microsoft ditches observer board seat at OpenAI

Microsoft has ditched the board observer seat at OpenAI that has drawn regulatory scrutiny on both sides of the Atlantic, saying it was not necessary after the AI start-up's governance had improved significantly in the past eight months.

Business • 10 Jul 24

Apps developers and antitrust regulators have criticised Apple's tight control of the iOS app ecosystem

Apple okays Epic Games marketplace app in Europe

Apple said it has approved Epic Games' games marketplace app on iPhones and iPads in Europe, after the "Fortnite" maker escalated its feud with the technology giant, accusing it of hindering its efforts to set up a games store on the devices.

Business • 08 Jul 24

Epic Games said Apple was impeding its attempts to set up a games store on iPhones and iPads in Europe

Epic Games says Apple stalling launch of its game store

"Fortnite" maker Epic Games said today that Apple was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a bitter feud over the technology giant's control of the iOS app ecosystem.

Business • 08 Jul 24

Apple rejected overtures by Meta Platforms to integrate its AI chatbot into the iPhone months ago, Bloomberg reports

Apple, Meta not in talks for AI partnership - Bloomberg

Apple has rejected overtures by Meta Platforms to integrate the social networking company's AI chatbot into the iPhone months ago, Bloomberg News reported today, citing people with knowledge of the matter.

Business • 25 Jun 24