Notes From the iPhone Rumor Trail
As rumors swirl about the next iPhone, the current models of Apple's popular smartphone may be selling better than expected. Sales of the iPhone for the quarter that ended June 30 will beat Wall Street expectations, according to a report released Wednesday by Morgan Stanley. Some 29 million to 32 million units were sold during the period, 10-20 percent better than the 26.5 million units expected.
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