Well luigi you would be right if 1/2 could afford it and wanted to move up from basic feature phones. Now having said that CM has about 139 million 3G users AND THAT IS GROWING . That is what we will be competing for initially. I would say 50-60 million first year is really achievable. You will need to add more sales from Unicom and Netcom, Europe,India and brazil customers as well. I would not be surprised if Apple sold 75-100 million more Iphones in 2014 than they did in 2013. I just hope they are ready to supply that demand.
This is NOT priced in.
Good Post! Goofy idiot's on CNBC saying it was priced in. It's hard to believe they don't do more research before saying stupid stuff like that. I find it funnier that Melissa Lee is contrarian to the top fund managers and institutional investors in the world. Not to mention the top analyst in the world. They all support Apple with good ratings. You might be able to argue with a handful investors and a few analyst. But when you have the best of the best all putting their money where their mouth is that's saying a lot.