Apple pulled its speakers off its store, but Logitech isn't worried

Logitech shares surged more than 15% on Oct. 20 after the company reported earnings and sales that easily topped Wall Street's forecasts and issued a rosier outlook for 2021.

When Apple unveiled its latest line of iPhones and its HomePod mini smart speaker earlier this month, the company notably removed many rival speakers and headphones from its online store.

But Logitech, a maker of mice and other peripherals that also used to have its audio products featured on Apple's site, isn't concerned.

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