Gene Munster: Apple’s iPhone 5 is the ‘Rolex of smartphones’

Most competing phones, he says, are made of plastic and feel like Timexes

FORTUNE -- Reacting to what he perceives as a lack of excitement within the "media bubble" that surrounds the iPhone 5, Piper Jaffray's Gene Munster felt obliged to set his clients straight.

"We view the iPhone 5 as the Rolex of smartphones in terms of...

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