I’ve been watching the coverage today on CNBC for the Iphone and have been amazed at its popularity and the lengths people have been going through to get there little hands on one. A man paid some young guy $15/hour to sit as the first person in line downtown New York since 6pm yesterday to get the iphone today. 100’s of people lining the streets all over the country out side of Apple and AT&T stores camping over night to be able to get one. Big companies were even showing up to advertise as the media coverage is so huge. Krispy Kreme were handing out free doughnuts in line as well as the popular toy maker FA schwartz handing out gift bags.There has been a lot of skepticism on the IPHONE living up to the hype though most techies who have reviewed it say its an amazingly innovative product and lives up to its expectations, not to surprise. They’re also has been a lot of people on CNBC criticizing, mostly women i’ve noticed who have the worst things to say. Early this morning on the today show the 2 women hosting the show couldn’t figure out how to use it lol. Obviously they just didn’t know what they were doing, i imagine the key lock was on and didn’t realize it. Another women was saying that the release of the

Iphone is bad for Apple. That they’re too stretched out in too many sectors, and won’t be able to handle to be in the CPU, MP3, and Cell phone Market. I highly disagree, Apple is one of the most innovative companies, if not the most, in the world. All apple had to do was say they were making a phone, that just so happens to be the most technologically advanced phone in the world, and people sleep on the streets to go buy one. People were skeptical about Apples ability to utilize the mp3 player market and put them to shame by dominating the MP3 markets soon after the Ipods release, i don’t question Apples ability to have the potential to dominate the cell phone market the least bit. They’re products are stylish, innovative, easy to use, and most importantly for Apple they have created a GODLY aurora around there products drawing people to them just for the brand. Dylan Raddigan on Fast Money CNBC is calling it the “Jesus Phone” with the tag line at the bottom of the screen “IPHONE goes on Sale, Red Sea Parts” haha:) Of course the price is an issue for the iphone to be able to become a dominant and leading force in the cell phone industry. But with such high demand for the product Apple was able to charge this amount and people will still pay. Eventually the Iphone’s prices will decline as they release larger hard drives as we all know they will. Opening the smaller Gb Iphones to a lower class sector of cell phone users who can’t afford to spend $600 on a phone, thus broadening Apples presence in the cell phone market. I also believe this isn’t the only phone that Apple will have, i think they will also come out with some sort of hybrid cell phone as well, similar to the ipod mini. Something very sleek and even more compact, though will probably have less features and of course less storage capacity. This Iphone craze is insane, i knew it would be popular, but everywhere you look today is Iphone. The amount of free advertising they’re getting is worth millions. I haven’t purchased an Iphone myself, but i will eventually. I just got a new free samsung blackjack a month or 2 ago which does the deed for now. But once a larger capacity Iphone hits the streets ill be all over it. Whats next for MSFT? how about do nothing innovative and try to copy something already great and fail…. ZUNE? Microsoft is a dying brand in my opinion, They’re new Vista operating system is worthless, i installed it, and reinstalled XP about 2 hours later i couldn’t stand it. Of course what they tried to do was become stylish like apple, they failed IMO. Apple is the wave of the future in the computing world. Some day, i dont knot how long from now, i think Apple will be the standard in computing.A lot of controversy has also been surrounding the topic of the stock RIMM. The company who makes blackberries, and probably apples largest competitor in the smart phone business. Prices surged forward today on positive earnings growth for RIMM today. Some people are saying RIMM has hit its peak, another analyst i was listening to today was projecting RIM to hit $250/share. I haven’t made a case for this stock yet but will look into over the weekend, along with AAPL. Have a great weekend everyone. See you monday :)I’ll leave you with a funny mockery of the Iphone that the Hilarious Conan O’brian featured several months ago:[youtube]http://youtube.com/watch?v=1xXNoB3t8vM[/youtube]