“Let the Apple hype machine begin. Two days from now, the iPhone 3G comes to market, the lines are already starting to form at some Apple stores nationwide,” Jim Goldman reports for CNBC.
“JP Morgan says the new version is already sold out in the UK, the analysts are offering up some big-time sales projections, and the reviews of the phone are starting to trickle in, with the Wall Street Journal’s Walt Mossberg and the New York Times’ David Pogue weighing in today on the finer and lesser points of the device,” Goldman reports.
“The reviews are mostly as expected: it’s sleek, and fast… So let me focus on something that deserves a lot more attention: the upcoming Apple App Store, a new online Apple store that will post and sell third party software applications. And, if you believe iPhone’s sales projections in the coming years, App could match or rival iTunes as a revenue stream down the road. Hype? Hundreds of thousands of developers have downloaded iPhone’s software developer’s kit so far, and with hundreds of millions of iPhone users five years from now (again, if you believe the sales hype), the App store could be a very busy place indeed,” Goldman reports.
“Fact is, Apple’s new App store could become a major new revenue stream for the company and those posting programs on it. Many of these programs will work on your current iPhone as well [6+ million already in users' hands], as long as you upgrade your software to the 2.0 OS,” Goldman reports.
More in the full article – recommended – here.
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