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Apple flags up to $10 bln charge in fourth quarter

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Apple flags up to $10 bln charge in fourth quarter

Sep 11, 2024 3:37 AM

Sept 10 (Reuters) - Apple ( AAPL ) on Tuesday said it

would record a one-time income tax charge of up to $10 billion

in the fourth quarter ending Sept.28, after the company lost its

fight against an order by EU competition regulators to pay 13

billion euros in back taxes to Ireland.

(Reporting by Deborah Sophia in Bengaluru; Editing by Anil

D'Silva)

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