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Apple : soars past sales, profit targets with strong iPhone demand, warns of chip shortages

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(Reuters) - Apple Inc on Wednesday posted sales and profits ahead of Wall Street expectations fueled by 5G iPhone upgrades but warned a global chip shortage could dent iPads and Mac sales by several billion dollars.
Fiscal second-quarter sales to China nearly doubled and results topped analyst targets in every category, led by $6.5 billion more in iPhone sales than predicted and Mac sales about a third higher than estimates.
Apple also announced a $90 billion share buyback, a day after Alphabet Inc promised to repurchase $50 billion in stock.
Apple Chief Executive Tim Cook said on an investor call that Apple avoided a chip shortage in the fiscal second quarter by burning through supply buffers. ....

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Deming High art students finalists in Vans Custom Culture Contest

Deming High art students finalists in Vans Custom Culture Contest
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.

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CitrusAd Names Kushal Sanghvi as its Head of Biz Operation- India & Southeast Asia

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siliconindia | Wednesday, 28 April 2021, 05:56 Hrs
CitrusAd appoints Kushal Sanghvi as its head of business operations- India and Southeast Asia. He is joining the firm after being associated with integral ad Science for three years.
In his new role at CitrusAd, Sanghvi would be responsible for sharing and escalating the rapidly-growing footprint of the CitrusAd platform into its new retail and e-commerce partnerships, pushing the control of monetization programs into the hands of retailers, creating opportunities through various channels/ kinds for e-commerce media for advertisers/ brands and their agency partners are also in search of ease of operation, ease of deployment, and analytics, and creating the most relevant experience for customers in the process. ....

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Asian Shares See Muted Gains Ahead Of Biden Address

Asian Shares See Muted Gains Ahead Of Biden Address
CANBERA (dpa-AFX) - Asian stocks rose slightly in cautious trade on Wednesday as investors awaited the results of the U.S. Federal Open Market Committee (FOMC) meeting later in the day for further insight into the bank s thinking on inflation and bond purchases.
Investors also awaited U.S. President Joe Biden s address to a joint session of Congress for clues on further stimulus measures.
Chinese stocks posted modest gains, with the benchmark Shanghai Composite index ending up 14.46 points, or 0.42 percent, at 3,457.07.
Hong Kong s Hang Seng index rose 129.80 points, or 0.45 percent, to 29,071.34. ....

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Head of new central level disease prevention, control agency announced

Head of new central level disease prevention, control agency announced
By Wang Xiaoyu |
chinadaily.com.cn |
Updated: 2021-04-28 15:47
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China announced on Wednesday that it has appointed Wang Hesheng, the incumbent vice-minister of the National Health Commission, as head of a new central-level disease prevention and control agency.
Wang, director-general of the newly-established administration, had been appointed a standing committee member of the Communist Party of China Hubei Provincial Committee during the height of the domestic COVID-19 outbreak early last year.
The National Administration of Disease Prevention and Control – the official name of the new agency – also will be administered by three deputy director-generals, according to a ciruclar released on the website of the Ministry of Human Resources and Social Security. ....

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