Quarter-Billion Dollar Baby

Some people are jokingly calling it the "Jesus Phone." Apple's much-touted entry into the mobile phone market -- the iPhone -- has been hyped so much, many people believe the cell is perfect, and spectacular weekend sales of the device aren't tarnishing its reputation as a market changer. "According to rough estimates we believe Apple sold 500K units over the weekend," wrote Gene Munster, a technology analyst for Piper Jaffray, in a research note. Neither Apple nor AT&T were willing to...Full Story
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