Apple loses an important title

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

The iPhone maker took that crown in 2020 on financial performance that has dazzled investors with strong sales of its hardware – iPhone, Mac, Apple Watch – and a wave of services.

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

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