Apple Loses A Major Title - BitcoinEthereumNews.com
KabuhayanNawala ng Apple ang Isang Pangunahing Pamagat05 / 15 / 2022Balita ng Ethereum ng Bitcoin mansanas (AAPL) - Kumuha ng Ulat ng Apple Inc 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 conected 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. It is therefore no surprise that Apple had passed the Saudi oil giant Saudi Aramco to become the worlds most valuable company. Apple became the first company in the world to hit the $3 trillion mark. Two years later, the world has changed. Economies have reopened. Inflation is galloping. Supply chain issues have deepened with new lockdowns in China and soaring raw material prices following the Russian invasion of Ukraine. Recession fears have never been higher among investors. And unsurprisingly, it is the technology sector that pays the highest price. Apple Is No Longer The Worlds Most Valuable