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462: Time Moves the Sun

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The Price of Apple's iPhone 5

I think that there are going to be lots of people who are going to say it's too expensive. And they're going to say a lot of people won't buy it. We've heard that even Apple actually behind the scenes thinks that it's going to be a relatively low volume product. I would bet that behind the scenes people at Apple would say well of course this is the first step. We're going to start here and set the bar. But I truly feel like I've seen something special today.

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