ex ped: Italy was included in Munster's Vodafone list, but you're right. Telecom Italia also has a contract to offer the iPhone to its own customers.

And I think Munster's estimates are conservative. I see 20 million iPhones by the end of 2008. Sure we're talking a potential market of over 500 million here, but we haven't even considered China and India. – zach http://www.zachbass.com

The screaming, "Greedy…" would be deafening. Complaints would abound. The anti-iPhoners would be fueling the blogging sites. The Apple support and customer service reps would be hounded into oblivion. The demand for returns, cancellations and cries for compensation overwhelming. And how about the carrier that has to deal with the customer face-to-face that bought an iPhone yesterday without telling him/her that they expect a newer and better one momentarily.

And the shareholders…bulls will become bears, bears will become rabbits.

But hey, I do like the idea that Apple should have continued to sell the old phone but at a reduced price. I wonder what business school he went to.

So, has it hurt the stock?

And to question, "How can they be in a business of selling products when they have no product?" when the cash reserve continues to grow and grow, the amount of 'free' advertising is enormous and the hype is humongous. Most important, its like music in a banker's ear.

As a shareholder since 1990 when I bought my SE/30, I can tell you that you misunderstood the conference call and basic accounting. Public companies can't choose when they want to book sales. That a good way to get thrown in jail. Apple can amortize the service income from AT&T because that is service that is "sold" over time. iPhone sales go on the ledger when they ship and that means the iPhone numbers for the current quarter WILL look bad. Just buy the dip after earnings.

Apple is not in it for the money, like someone else here said, "Take care of the top – design/product/service/etc – and the bottom line will take care of itself."

Nope, money is just Wall Street's way of keeping score.

Apple is out to Change the World™

what screw up ??? are you out of your mind you'd prefer Apple keep producing iphones that no one will buy ??

let them run out a month of no sales is nothing..

One thing I like about the Jobs era Apple is the

disregard (in a good way) for shareholders, let me explain , not that Apple or Steve Jobs doesn't care about shareholders but they do not run the business with the shareholders in mind 100% of the times as most us corporations do ..

I'd like to quote Steve Jobs .. "we take care of the top .. (awesome products, support etc.. )

the bottom line will take care of itself"

and indeed this is a business lesson for all ..

Apple fortunately is not out there to make shareholders happy, they run a business that happens to be extremely successful and we as shareholders share in the profit..