Analyst: Apple Creates ‘iPhone Annuity’ As Customers Rush to UpgradeAfter releasing multiple versions of its iconic iPhone handset, Apple has built in what one Wall Street expert Wednesday calls “an annuity of smartphone buyers.” The iPhone 4S typifies such thinking as 18 percent of 2012 sales for the new phone is expected to come from owners of previous iPhone models. The iPhone 4S was [...]
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