Apple Sales New Zealand, the local unit of the iPad and iPod maker, increased annual profit by 44 per cent, on largely unchanged sales, as it benefited from a gain on its currency positions.
Profit was $15.1 million in the year ended September 27, up from $10.5 million the year earlier, according to its financial statements lodged with the Companies Office.
Sales rose to $568.5 million, from $564.6 million and it booked an extra $8.4 million in income on foreign currency contracts.
The local unit of the world's biggest company by market value paid $6.8 million in income tax, double the $3.9 million it paid a year earlier.
Apple is one of a number of high-profile multinational companies which have come under fire for minimising tax by routing profits through offshore subsidiaries.