Information about Apple’s financial situation is reflected in the database of the government accounting resource. In 2022, Apple Rus’ reported revenue was 85.4 billion rubles, which is 300 billion (78%) less than in 2021. In 2021, the profit of the Russian subsidiary of Apple amounted to 11.5 billion rubles and a net loss. In 2022 – 6.5 billion rubles.

This is partly due to Apple leaving the Russian market, restricting direct sales. But ultimately the company’s products are imported into Russia through parallel imports.

Source: Ferra

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