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Serum gets nod to enroll kids aged 7 to 11 for Covid vaccine trials

Serum gets nod to enroll kids aged 7 to 11 for Covid vaccine trials

Nearly 25% of India's adults fully vaccinated against Covid-19

Nearly 25% of India's adults fully vaccinated against Covid-19

All Fall Down! Global markets collapse

All Fall Down! Global markets collapse

Watch: Leopard cub lost in rain rescued in Mumbai's Aarey

Watch: Leopard cub lost in rain rescued in Mumbai's Aarey

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Delhi: Complete ban on sale & bursting of firecrackers up to January 1

Apple reports stellar earnings but chip shortage to play havoc from here on

Apple shares fell after executives warned that chip supply constraints could impact iPhones and iPads this quarter

It was a blockbuster earning from world's most valuable tech company Apple as iPhone sales increased nearly 50% and overall sales were up 36% beating analysts' estimates across the board. Yet, the stock took a beating as the outlook did not connect as well. 

Read/Watch Also: When is the iPhone 13 coming?

Apple though did not give a formal earnings guidance warned shareholders that the July-September quarter may not be as robust due to prevailing chip shortage. Apple CEO Tim Cook said in a call with analysts that Apple is seeing supply constraints related to “silicon” ( computer chips) that would affect the company’s iPhone and iPad sales in the September quarter.


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