Apple Inc (AAPL)

[BlueDjinn]

Lango--in addition, don't forget that Apple also said that they're planning on amortizing all iPhone revenue over the 24-month period.

If I understand that correctly, that means that the $600/500/400/300 cost of the iPhone (depending on the model and whether it was purchased prior to yesterday or afterwards) will actually be sliced into 24 chunks, scattered over the next two years; each quarter will only reflect 1/8 of the iPhones actually sold during that period (revenue-wise, anyway).