Thursday, April 28, 2022

Apple Posts Record Earnings with $97 Billion Revenue, Expects Slowdown in Next Quarter

Apple reported strong quarterly results despite supply shortages, but warned that its growth slowdown is likely to deepen. The company said it's still struggling to get enough chips to meet demand and contending with COVID-related shutdowns at factories in China that make iPhones and other products.

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India open to clearing import duty hurdle for US auto parts

India is considering reducing or eliminating customs duties on US auto parts, which currently range between 10% and 15%. This move is part o...