One standout winner during this mess last year was Apple (NASDAQ: AAPL), but it appears the downturn finally came for the iPhone and Mac company. Following a massive upgrade cycle fueled by the work-from-home movement in late 2020 through 2021, the chip shortage loosened up last year just in time for consumer demand to cool off (inflation being but one reason for this). The reason, besides a hard-hit global consumer, was a tough comparison to the year prior thanks to the MacBook Pros featuring the brand new in-house designed Apple M-series chip.