PK de C'ville

Apple Stores Outshine Retailers

Stephen,

You've written about Apple's iPhone deferred revenue accounting. There are reports today that Apple will move to a new distribution model featuring open sales of 'unlocked' iPhones/iPod touches with no exclusive telecom tiein in most countries (starting w/ Italy and Australia).

I think Apple wants to accelerate the coming dominance of the iApps Store connection as the iTunes/iPod model has inspired: The iApps store system will provide security, a large app mkt place, easy update and backup, and a whole new customer experience of ease, delight and reliability. I believe the succesful roll out of this system will lead to Apple trading above $600 by 2011.

What do you say?