Apple Loses A Major Title

Apple (AAPL) – Get Apple Inc. Report just lost a coveted title.

The iPhone maker snagged that crown in 2020 on financial performance that made investors dizzy on strong sales of its hardware – iPhone, Mac, Apple Watch – and a surge in services.

These revenues have continued to rise thanks to the Covid-19 pandemic which has seen the world stay connected through technological tools. The Cupertino, California-based firm had also managed to reassure investors worried about the disruption caused to supply chains by lockdown measures and the shortage of chips.

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