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Morgan Stanley analyst Katy Huberty, who is perhaps the most respected Apple analyst on Wall Street, noted that iPhone sales for the September quarter may be as high as 34.5 million units, well above what analysts are thinking, and putting to bed any concerns Wall Street has about slowing growth in Cupertino, Calif. Are you ready for iOS 7? Before you download Apple's new operating system be sure to back up your iPhone. Apple promises that the new operating system will be the "world's most advanced mobile operating system." And with loyal Apple fans dying to get their hands and iPhones on the new software, one must remember to take care of your precious device before updating to Apple's massively overhauled operating system. General Mills Inc reported lower quarterly earnings on Wednesday, but the maker of Cheerios cereal and Progresso soups said sales rose due to the addition of new businesses.