What happens if I choose Reset All Settings?

My iPhone is giving this popup that says: "Unable to Purchase: 'The Simpsons Arcade FREE' and 1 other item could not be purchased at this time. Please try again later." frequently when I try to update or install any app. (The app installs fine though.) Apple Care suggested I choose Reset All Settings to get rid of the problem. My question is, what exactly happens? Do settings and preferences in the apps get deleted too, or just system settings?

That's sounds just crazy enough to work, like a combination of things I already tried. I'm going to post what you said to https://discussions.apple.com/thread/3681763?tstart=0 and see if it helps pepole. Meanwhile, I did one update to an app since doing what you said and didn't get the message, so we'll see if it comes back.

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