Iphone 5 germany 5

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Apple misses iPhone forecasts, stock drops over 10 percent

'Everyone at Apple has their eyes on the future,' Apple CEO Tim Cook said on an earnings conference call.

On the 28th birthday of the Mac, no one at Apple was celebrating.

MUNICH - Customers queue to enter the Apple Store where a giant logo is displayed in the southern German city of Munich on September 21, 2012 as the iPhone 5 goes on sale.

CHRISTOF STACHE

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