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Evidence from Asia:

I saw about 5 Kindles and around 10 iPads on my last flight.

There was a huge lineup in a store selling iPads and iPhone 4G's for a big markup in HK.

People are loving those products and buying them. Definitely premium goods, but there is no denying the popularity of these items.

It is easy to doubt these premium goods like 3D TV's and iPads...but there are a huge number of people who replace their phone every 6 months and their TV every 2 years.



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