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Apple's 'defining moment' is here — and it may mean moving past the iPhone (AAPL)

Apple's slow quarter for iPhone sales may spell trouble ahead for the smartphone. The age of double-digit growth in iPhone sales may be nearing its end, according to UBS Analyst Steven Milunovich. But Apple has found ways to monetize its installed base through software and new accessories. See Apple's stock price in real time here. The era of double-digit sales growth for the iPhone may be nearing its end.
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