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iPhone 4 Sales Show Buyers Driven By Desire, Not Need: ANALYST

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Here's an interesting bit of survey data from Oppenheimer analyst Yair Reiner who found, like Piper Jaffray's Gene Munster, a significant portion iPhone 4 sales Thursday to be upgrade purchases by existing iPhone owners (76 percent versus Munster's 77 percent).

Read the whole story at AllThingsD

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