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it is essentially a $499 iPhone 4S for only $349, in terms of raw specs.The on contract price is not compelling given it is competing with the $199 iPhone 5, however.This will not be hurting the iPhone as much as it hurts everyone else given Apple has a pretty good ecosystem to lock consumers in (apps, services, inter and intra product network such as AirPlay and notifications, iMessage, etc).The reas
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