IN YOUR palm, Apple’s iPhone 7 looks like the long-lost twin of the two-year-old iPhone 6.At a demo after Wednesday’s launch event, I put the 6 and 7 side by side and played Spot the New Guy. The most discernible difference was the location of the camera. Oh, that and Apple took away something many of us use every day: the headphone jack.Apple’s latest flagship phone delivers practical improvements — plus a little headphone-jack "annoy-ovation" — on a tried-and-true design. These were long overdue. But Apple is only catching up to the competition, not flying past it.One of Apple’s accomplishments in the past decade has been setting the pace for technology. Every other year, the company has taught us to expect a lust-worthy smartphone, a gadget worth waiting in line for. The iPhone 7 shows Apple is either struggling to keep up with its own pace — or trying to reset our expectations.This doesn’t necessarily spell doom for Apple. There are many good reasons customers remain loyal to it...

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