Julian Ivan-Alexander

The Hidden Financial Impact of Apple's iPhone

Andy, thank God for someone who finally "gets it." Analysts take note: you shoudl be hiring this guy - at least he knows how to use a calculator while you're all still using fingers and toes (aside from a select group including Gene Munster, it goes without saying).

However, don't forget to factor in channel fill into your equations - booked sales appear when Apple ships to the carrier partner, not when the carrier partner sells the phone. Apple has 75 countries to fill with iPhones. That's a lot of iPhones, and probably way way more than 10 million.