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When iPhones ring, the economy listens

Whether you love them or not - indeed, whether you're an Apple fan or not - this is a good time to recognise their significance as a financial force

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Apple Store employees greeting customers coming to buy the new iPhone 6 on Sept 19 in Palo Alto. An analyst estimates iPhone sales are adding 1/4 to 1/3 of 1% to the annualised growth rate of the US GDP.

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GLOOMY economic news and the wild swings of the stock market may be getting you down. But at least you can count on this: we've entered the sweet spot of the iPhone cycle.

Since Sept 19 - when the iPhone 6 and its larger sibling, the iPhone 6 Plus, went on sale - consumers

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