The sharp growth in the iPhone was seized upon by investors who bid up Apple's stock even as the overall stock market slumped. CNET News' Tom Krazit reflects upon the import of the iPhone in the context of a strategy shift CEO Steve Jobs charted for Apple years ago.
Listen now: Download today's podcast
Today's stories:
Forrester: Holiday e-commerce growth to slow
iPhone sales buoy AT&T earnings
T-Mobile delivers the G1 (aka Android) phone
Coders get 70 percent of Android Market revenue
Why the iPhone is now Apple's most important product
Facebook wants to show good amid scandals: The social network updates its tools for blood donations, nonprofits and mentorships.
Everything Apple announced: What we know about Apple's TV content and service, credit card, game subscription service and more.
Discuss: CNET News Daily Podcast: Coming to terms with the iPhone and Apple
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