Despite Apple Inc's (NASDAQ:AAPL) distant fourth rank among FAANG peers in terms of first-half gains, Loup Ventures analyst Gene Munster is bullish the Cupertino-based company will emerge as the top performer through the rest of 2021. What Happened: Munster, who leads the research-based venture capital firm, said he is sticking to his original theory that faster digital transformation will drive demand for iPad and Mac businesses, which already contribute about 25% of the total revenue.
Apple May Be Trailing Google, Facebook In YTD Gains By Far But Munster Still Expects It To Be Top-Performing FAANG Stock In Rest Of 2021