Apple Loses One of The Most Coveted Crown on The planet

Published by
The Street

By Luc Olinga The iPhone and Mac maker has suffered in recent days from the stock market rout. 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 supp…

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