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The answer is rather pedestrian: Apple is mostly a hardware company.

Apple isn't primarily in e-commerce, streaming or online ads and did not get as big a boost from millions of people suddenly trapped in their homes as other tech companies. Apple was never tempted to overhire, I suspect Apple had the opposite pressure during lockdowns due to its many retail workers seeing fewer customers, while Amazon's warehouses were brisk.



This is the right take ! The pandemic hiring overall was all mostly ‘E-commerce’ driven.


Agreed as well. This seems like an odd metric to use to compare a bunch of tech companies with very different market dynamics.

The Venn diagram between these companies would show some overlap, but not much.




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