NEW YORK ( TheStreet) -- Over the last several months, Apple (AAPL - Get Report) has sold a considerable number of iPhone 4 and iPhone 4S devices. In fact, Verizon (VZ - Get Report) reported that it sold 2 million iPhone 5 units in the first quarter and an equal number of the older model iPhones.At first blush, this triggered concern. It prompted some folks to call for a cheaper iPhone, which we did not get at Tuesday's event. Others (like me) called for more innovation. If millions of people decided to save a couple bucks and buy the 4 or 4S, iPhone 5 clearly didn't bring enough to the table to move the needle in a meaningful way.
Apple Still Doing Some of What Steve Jobs Did Best
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