The Remote Computing Boom for Apple's Mac Business Remains Strong

People have been transitioning to remote work all year long due to the COVID-19 pandemic, which has driven a surge in demand for PCs as people invest in new setups to maintain productivity. Among the beneficiaries of this trend is Apple. The company just posted an all-time record quarter for its decades-old Mac business. Mac revenue topped $9 billion for the first time in its fiscal Q4, despite the fact that the tech titan is struggling with supply constraints across numerous product categories due to coronavirus-related disruptions within the supply chain.

Demand is expected to remain elevated in the final quarter of 2020.

Image source: Apple.

Source Fool.com