The Russian legal entity Apple reported a 23-fold drop in revenue in 2023. The organization’s net loss amounted to approximately 1 billion rubles, the same amount that the company paid to the Russian budget in the form of a fine for violating legislation. antitrust.

Revenue of the Russian legal entity Apple decreased 23 times in 2023


Apple’s legal entity in Russia reported to the Federal Tax Service about income received at the end of 2023 in the amount of 3.6 billion rubles. This is 23.6 times less than in 2022, writes TASS citing reports.

The organization managed to reduce its net loss: in 2022 it amounted to 6.5 billion rubles, in 2023 it decreased to one billion rubles. It is noteworthy that Apple paid approximately the same amount in the form of a fine to the Russian budget for violating antitrust laws.

Apple stopped selling in Russia in March 2022. In March 2023, the company stopped providing warranty services for its products, in particular iPad and Mac.


Kirill Bilyk

Source: RB

Previous articleTikTok will pay you for watching videos on its new rewards app
Next articleThe reason why single women want to eat junk food has been revealed. Fitness and health01:30 | 09 April 2024
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


Please enter your comment!
Please enter your name here