Question: In 2007, when the iPhone was introduced, Apple made it relatively easy for third-party developers to make applications that ran on the iPhone. A number

In 2007, when the iPhone was introduced, Apple made it relatively easy for third-party developers to make applications that ran on the iPhone.

A number of "apps" for the iPhone the value of the iPhone to consumers, allowing Apple price the phone higher than they would otherwise be able to.

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