Why Q3FY08 iPhone Revenues won't be Up very Much
This excerpt of material intended for MDJ and MWJ readers was sent to a subscribers-only mailing list last week, but we wanted to get it out in the public in the hopes of avoiding the kind of uninformed Apple-bashing cycle that seems to start with every quarterly release.
Apple's recognized hardware revenue for iPhone sales in the June 2008 quarter won't be that much higher than in the March 2008 quarter, and it's not because Apple didn't sell many iPhones (well, people might have been waiting for iPhone 3G, but surely many thousands of people bought the original iPhone in the quarter anyway). What's more, Apple explained three months ago why this would happen.
Here's the scoop.
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