Tech companies had their biggest year ever in 2021.
It’s not just the big-name tech companies notching record results, though. Snap posted its first-ever net profit and beat growth forecasts. AMD had its best year ever, with a $16 billion in revenue for 68 percent year-over-year growth.
Apple, on the other hand, rode to success on the strength of the same bets that have carried it through the past decade: people really like iPhones, and the company is extremely good at working with suppliers and manufacturing partners, something that Ivesas “a major statement on iPhone / services demand and Cupertino’s ability to navigate a supply-chain shortage in almost Teflon-like fashion.
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