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Apple Hype Priced In - Stop Trading! (6/9/08)

Will the new business model mean appl declares all iPhone revenue for the quarter vs. the 1 24th in the old model. If so, that coupled with the lower price and 70 countries could mean a huge earnings boost. The earnings from last years 1 24th start hitting now as well.

Note, Citi and Lehman have raised estimates this morning!