Apple (AAPL) just had a banner year — even as many S&P 500 companies suffer. But there’s still a key financial measure where it’s not No. 1: Revenue is it.


The giant technology company still ranked third, behind Walmart (WMT) and (AMZN), in terms of revenue in 2020, says an Investor’s Business Daily analysis of data from S&P Global Market Intelligence and MarketSmith.

Revenue-watching is in style as investors wonder where growth will come from as the pandemic rages on. Walmart Thursday reported January-quarter revenue of $151 billion, topping top-line views by 2%. Meanwhile, the direction of Apple’s top line is key for investors puzzling over what’s next for the stock given its enormous growth and plans to build a car.


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