The iPhone redefines the economy

By Reuters Right Now
June 29, 2012

Five years ago this week the global economy was humming along, investment bankers swore by their Blackberries and apps meant all-you-can-eat potato skins at TGI Friday’s.

Then Apple rolled out the iPhone.

It didn’t much help the TGI Friday’s menu but the phone did put Apple on the path to grow from a $94 billion company to a $532 billion behemoth and cemented Steve Jobs’ place in the pantheon of tech genius. And today, our video celebrates the staggering numbers of the iPhone universe — unfortunately set to music from a 1970s cop show.

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