Apple developers' conference may see gaps filled in PowerMac, Ipod product lines

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An entire industry has been formed around managing the guessing game of what Apple will announce next. But as with any industry that constitutes a good part of the American economy, when speculation becomes part of the business, meeting the expectations of the best speculators can be interpreted by the market at large as a disappointment. If Apple doesn't give any hints as to an "iPhone" or an e-book next Monday at the WWDC in San Francisco, will that be seen as bad news?

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