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iPhone hits 1m sales

Apple sold its one millionth iPhone just 74 days after launching the popular product and three weeks ahead of its own projections. The news comes less than a week after Apple slashed the price of the 8GB by $200 (E144), from $599 to $399. Apple also said it was lowering the price of the 4GB iPhone by $200 but would only sell the model until current supplies are exhausted.

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