Editing Apple Inc. (section)

=== Conclusion   ===
Apple Inc.’s performance in 2020 was a masterclass in resilience and adaptability. The company navigated a year fraught with global challenges, achieving significant milestones such as the launch of the iPhone 12 series and the M1 chip. These innovations not only set new industry standards but also drove Apple’s record revenue of $274.5 billion <ref>{{cite web |url=https://www.apple.com/newsroom/2020/10/apple-reports-fourth-quarter-results/ |quote=Apple reported record revenue and profitability in 2020, driven by strong sales of products and services. }}</ref>.  

Despite the disruptions caused by the COVID-19 pandemic, Apple swiftly adapted by closing retail stores, ramping up online sales, and implementing robust safety measures across its supply chain <ref>{{cite web |url=https://www.cnbc.com/2020/07/31/apple-earnings-q3-2020.html |quote=Apple adapted its operations and supply chain to the challenges posed by the COVID-19 pandemic. }}</ref>. The expansion of its ecosystem with new services like Apple Fitness+ further diversified its revenue streams.  

However, the year was not without challenges. Heightened regulatory scrutiny, particularly in Europe over antitrust issues related to its App Store practices, highlighted the growing legal pressures faced by big tech companies <ref>{{cite web |url=https://www.reuters.com/article/us-apple-eu-antitrust/eu-antitrust-regulators-open-investigations-into-apples-app-store-practices-idUSKBN23Z1D6 |quote=Apple faced increased regulatory scrutiny in 2020, particularly in China and Europe, focusing on antitrust issues and App Store policies. }}</ref>.  

From a historical perspective, 2020 marked a pivotal year for Apple, showcasing its capacity to thrive amidst uncertainty while continuing to shape the future of technology.