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Apple reports fourth quarter results

(www.apple.com)
176 points mfiguiere | 1 comments | 30 Oct 25 20:34 UTC | HN request time: 0.295s | source
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lapcat ◴[30 Oct 25 20:45 UTC] No.45765104[source]▶
This stuck out like a sore thumb to me:

Q4 2024: Income before provision for income taxes $29.610 billion, Provision for income taxes $14.874 billion

Q4 2025: Income before provision for income taxes $32.804 billion, Provision for income taxes $5.338 billion

[EDIT:] The 2024 taxes were actually an aberration.

"the one-time charge recognized during the fourth quarter of 2024 related to the impact of the reversal of the European General Court’s State Aid decision" https://www.apple.com/newsroom/2024/10/apple-reports-fourth-...

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1. curiouscats ◴[30 Oct 25 21:08 UTC] No.45765394[source]▶
Actually it was a huge tax addition in 2024 (from Europe over dispute about how Ireland had taxed Apple for many years). In 2024 Apple added 14.4 billion in additional taxes accrued over many years.