This means 3.39% of their worldwide revenue, and an even bigger share of their profits. It's not negligible at all, even though it's just collecting taxes late without a penalty.
Isn't that more than the EU defence budget from 2022? Not gonna lie, I'm kinda a little scared now. I realise that there's less than a 1 in 1 billion chance Apple is gonna set up its own military and attack the EU, but still...
Combined defense budgets of all individual member states was 214 billion in 2023. That's 'spending budget', not revenue like the 300 something billion of Apple's revenue cited above.
Apple's revenue last year alone was $383 Billion.