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...of the great innovations Apple has brought to the tech world. "We've sold more iPads, than any tech company has sold PCs and over 400 million devices running our mobile operating system IOS, which is amazing", said Cook in response to remarks about an economic boost when the new devices hit the stores that were made earlier this week.
Michael Feroli (JP Morgan) said that "iPhone 5 sales could boost US economic growth in the fourth quarter by up to 0.5 percentage points." Another Analyst said "I would be inclined to say that iPhone purchases would come out of other consumer spending... (more)
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