Apple Loses A Major Title

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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