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  iPhone.com Domain Sold to Apple for Seven Figures
Time: 12:40 EST/17:40 GMT | News Source: iPod Observer | Posted By: Erick Cordero

Apple has bought the domain, iPhone.com, from businessman Michael Kovatch for a one of the largest domain name sales in history, according to DomainTool blogger Jay Westerdal on Monday. The sale was estimated at more than US$1M.

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