Finland's Prime Minister blames struggling economy on iPhone killing Nokia and iPad killing paper

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Finland's prime minister Alexander Stubb has said that Apple could be responsible for the recent downgrade to Finland's sovereign debt rating. Stubb says that Finland's weak economic development was primarily due to the demise of Nokia, as well as the troubles of the country's paper industry. These developments he attributes to the rise of Apple's iPhone and iPad, Stubb told CNBC:

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