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"I was looking for more improvement in enterprise management issues and we didn't get that," Disabato said. "The iPhone 5 is something Apple needs to do to keep pace with its competitors, but I will be anxious to see if there are any real quantitative improvements when they bring out the next version."
Disabato did point to two issues worth noting: the revised dock connector and the lack of near-field communication technology that would have enabled mobile wallets. He sees the revised dock connector as interesting because it reportedly contains electronics that help prevent jail-breaking. As for the lack of NFC, Disabato called it a chicken-and-egg scenario that Apple wasn't yet ready to get behind.
"Apple didn't put in NFC because the technology is not well adopted yet, but until you get the handsets in the market you are not going to be able to use it in retail and retailers won't get on board until consumers have the handsets," Disabato said. "Somebody's got to pull the trigger on this and it looks like the Android phones are making the big commitment.
"I don't think it will hurt Apple. Obviously, they continue to break records."