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CNET News Daily Podcast: Coming to terms with the iPhone and Apple

The latest numbers on the iPhone underscore in 20-point type Apple's shift into a consumer electronics company.

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