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Apple is developing three versions of its new iPhone, but only two will make it to market, according to Kaufman Bros. analyst Shaw Wu, who says his industry sources report the company will produce 5 million to 6 million handsets, more than Wall Street had expected. Wu adds that Apple will make a more powerful version with expanded battery life and a beefier processor that can handle more complicated applications. CNNMoney.com/Fortune (4/8) , IntoMobile (4/8)

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