Many Iphone buyers are cancelling or either upgrading their contract to get the latest version Iphone 4s. Some had to pay a penalty of $100 to $200 just to cancel their contract and pick up the Iphone 4s. Those who decided to upgrade from the earlier iphone versions went for the cheapest priced iphone which was the 16GB iphone. Others went for the high-end which is the 32GB & 64GB iphone. Therefore also the reduced priceing of the iphone 4 and 3GS also busted big sales around the world.
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