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Apple to extend iPhone's product cycle

SILICON VALLEY -- Apple will likely take three years between full-model changes of its iPhone devices, a year longer than the current cycle. In a typical two-year term, fall 2016 was supposed to see a major upgrade. But the changes on the model to be launched this autumn will be minor, such as improved camera quality. 

The move is largely due to smartphone functions having little room left for major enhancements. A slowing market is another factor.

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