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Does the fact that there's no GPS on the phone imply that it doesn't know where you are? If so, how does it know where the closest seafood restaurant is, as demonstrated by Jobs?

It has to have some form of location finder, either an onboard GPS, or cell tower triangulation -- I believe that US Law requires it for E911. Kinda weird that they don't take advantage of it for Google Maps (?).

Cheers