Ireland expects to collect $16B from Apple; Apple Pay has 127M users [Seeking Alpha]
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Ireland expects to collect $16B from Apple; Apple Pay has 127M usersIreland expects to collect a final tax bill ofaround $16B from Apple (NASDAQ:AAPL), according to Revenue Commissioners’ chairman Niall Cody.Cody’s office has to calculate the bill and turn it over to the European Commission, which ordered Ireland to collect the money.Cody says more than 95% of the calculations are finished and the final tally will go to the European Commission before the end of April.Apple Pay now has 127M global active users, up from 62M last year, according toLoup Ventures estimates.Despite the growth, only about 5% of U.S. iPhones have Apple Pay activated compared to 11% of international iPhones. (Mobile payments are more popular and widely supported in Europe.)Apple Pay availability among the top 100 U.S. retailers: 14 stores accepted on desktop, 24 on mobile, and 24 in the store’s app.Over 2.7K banks now support Apple Pay, up 41% on the year.Apple shares areup 0.7%.Previously:Apple planning AirPo
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