Apple in Ireland: Looking beyond the Tax Dispute
Despite the tax dispute between Apple (AAPL) and the EU (European Union), which has received a lot of press coverage recently, Apple has been a big boost to Europe’s economy. According to a report released recently by the IMF (International Monetary Fund), iPhone sales accounted for as much as a quarter of Ireland’s economic growth in 2017. The Irish economy grew 7.8% in 2017, and it’s projected to grow 4.5% in 2018 and 4.0% in 2019.