that any tom #$%$ or harry knew they were going to sell a lot of phones! it doesnt take a rocket scientist to know that! WS doesnt give free money to people who can recognize the obvious! but now, their sales will fall till they come out with next igadget. thats a problem with apples biz model, their products all sell within 1 quarter!!
Spectate: on the CC, Apple said that sales of the iPhone 4 were constrained.
Apples problem is that the consumer is constrained and is looking to save money where ever he can.
That's why Netflix is up so much. Consumers are going to drop their $100+ cable TV.
They will also buy tablets instead of PCs. Apple's supply of mini iPads will continue for several quarters.