Final answer:
Apple introduced the iPhone in 2007 and launched an entire smartphone industry.
Step-by-step explanation:
Apple introduced the iPhone in 2007
and launched an entire smartphone industry. The iPhone was a revolutionary product that combined a powerful cell phone with a portable computer capable of performing all the tasks that previously required a desktop computer. Its touch-screen interface was far superior to earlier systems, making it highly popular and influential. The iPhone was a key example of Apple's competitive advantage in innovation and design.
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