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" The only reason AT&T is still in business is because of Apple. "

That's a little over the top. Verizon, Sprint and T-Mobile are all still in business without the iPhone and AT&T was a very large carrier before they had the iPhone. AT&T would probably be doing worse than they are now without the iPhone but I seriously doubt they'd be going out of business. I'd go so far as to say that AT&T's reputation would be somewhat better without the iPhone since it seems like most of their network problems were caused because of the demands that the iPhone created.

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