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Get Ready For Long Lines, And Big Sales For iPhone 4S -- Piper Jaffray (AAPL)

Apple's decision to release an iPhone 4S, instead of a redesigned iPhone 5, will not have an impact on sales, says Piper Jaffray analyst Gene Munster. He's sticking with his sales estimates of 25 million iPhones for the December quarter, and 111 million units for all of 2012. Despite an initial let down to the iPhone 4S, Munster says, get ready for big lines when Apple starts selling it.
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