The iPhone maker recorded revenue of just under €200 billion in the year to September 24th, 2023, down 10 per cent on the previous 12 months. Apple’s Irish operations posted profits of just under €65 billion, down from €69.5 billion a year earlier.
Microsoft was third with revenues of €63.8 billion, down from €65.4 billion a year earlier, while Meta’s Irish operation recorded income of €58 billion for fourth spot. Meta is the parent company of Facebook, Instagram and WhatsApp.was the only new entrant into the top 10, rising from 16th spot the previous year, with revenues of €53.3 billion and profits of €965 million for the year to the end of December 2023.
The top 10 was closed out by medical devices company Medtronic, which moved its global headquarters to Ireland in the past decade; Johnson Controls, which describes itself as a “world leader in smart buildings”; and power management systems manufacturer Eaton Corporation. Medtronic recorded the second-highest level of profits, behind Apple, at €4.4 billion.