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Apple Rides 5G iPhone Demand to Soar Past Sales, Profit Targets; Warns of Chip Shortages

Apple Rides 5G iPhone Demand to Soar Past Sales, Profit Targets; Warns of Chip Shortages
Apple posted sales and profits ahead of Wall Street expectations fuelled by 5G iPhone upgrades but warned a global chip shortage could dent iPad and Mac sales by several billion dollars.

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April 29, 2021 at 10:13AM
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