Apple, Inc. (AAPL) launched its fourth generation iPhone this past weekend, and as was the case in the past, iPhone fanatics lined up across the country to get their hands on the new iPhone, leading to large sales volumes for the first three days the new smart phone has been on the market.Everyone knew that the iPhone 4 would have a good opening weekend, but not even the most optimistic forecasts predicted that the company would sell 1.7 million units.
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