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The EU Commission's findings cover the period from 2004 to end 2014, and its report notes that Apple had informed it at the start of 2015 that the controversial hybrid–Double Irish BEPS tool, ASI, had been closed down; which enabled the commission to complete its State aid report, and finalise the recovery order of €13 billion.
Apple updated its "risk factors" section in its latest 10-K filing. The tech giant warned about future product profitability and risks related to "geopolitical tensions" and AI features.
The Wikimedia Endowment has completed its audit report covering the fiscal year (FY) 2023–2024, which was the nine month time period from 30 September 2023 – 30 June 2024, from the time that the Endowment began operations as a standalone 501(c)(3) organization on 30 September 2023 through the end of the fiscal year on 30 June 2024.
Apple on Thursday posted first-quarter revenue of $90.8 billion, ... 2023. - Kevin Frayer/Getty Images/File ... This marks the first earnings report since the launch of its biggest new product in ...
Apple Inc. has been the subject of criticism and legal action. This includes its handling labor violations at its outsourced manufacturing hubs in China, its environmental impact of its supply chains, tax and monopoly practices, a lack of diversity and women in leadership in corporate and retail, various labor conditions (mishandling sexual misconduct complaints), and its response to worker ...
Apple shares were down as much as 3% in after-hours trading. The company's stock was down almost 16% year-to-date as of market close Thursday, just before reporting earnings.
The proposal was considered non-binding, but Apple agreed to follow through with the audit. [63] Also due to Scarlett's, Parrish's, and other Apple workers' charges over 2021 and 2022 with the NLRB against Apple, SOC, TAM, and SEIU introduced an additional shareholder proposal in September 2022 asking for a "workers' rights assessment." [64] [65]
Apple is set to report fiscal fourth-quarter earnings results after the market close on Thursday. Wall Street anticipates $94.36 billion in revenue and adjusted earnings per share of $1.60.