Apple has confirmed plans that they intend to purchase Ireland, Malta, Iceland and at least three other small countries.
Apple has an estimated $178 billion held in bank accounts across the world. The US company have been working on plans on how best to apply this cash.
Apple the world famous technology company and maker of the iconic Ipad and Iphone announced plans of the purchase at its quarterly trading announcement to the stock market earlier today. The company said the move was part of its overall strategy of tax efficiency and capital management. The purchase should allow Apple to further reduce its tax bill and should see gains for its already wealthy investors.
Enda Kenny in a brief news conference confirmed that that the deal with Apple had been agreed and that he would be staying on with Ireland but in more of an advisory role than a leadership role. He will oversee the transfer of power from Ireland as a sovereign state to the corporate satellite envisaged by Apple.