No mystery that Apple has to come out one day with a true 3G phone, particularly if it wants to crack the Japanese market in a big way. Bank of America analyst Scott Craig seemingly agrees. He recently speculated in a note to investors that Apple may start selling third-generation iPhone's in the second quarter and that its profit estimates may need to be increased. Craig said his earlier guess that Apple would sell 8 million of the phones this year may be "too conservative," and that the Cupertino company's profit may rise by 12 cents a share for every million phones it sells in excess of that forecast. Just what GodSteve needs, another few billion!
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Steve is coming!
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