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The iPhone is coming, the iPhone is coming, the iPhone is coming! ...On Monday???

Well, according to Gizmodo who, I am certain, are just looking for publicity. This is starting to remind me of when Dean Kamen told us that "IT" would revolutionize transportation, reshape cities, resolve the energy crisis etc. and everyone speculated on everything "IT" could possibly be, from properly recounting the Florida ballots to cold fusion but, in the end, it turned out to be a scooter that very rich people can play polo on!

While I don't think the iPhone will turn out to be a Segway-sized disappointment, I'm very concerned that I won't be able to play polo on it and, with expectations running as high as they are, it had better at least cure cancer!

One cool thing that is in the works from Apple Computer Inc. (AAPL) is a patent they filed earlier in the year to embed "microscopic image sensors" in an LCD screen, effectively turning your monitor or, more importantly, your phone's screen, into a camera -- allowing for true face-to-face communications!

And have you ever wondered why Apple insists on keeping that huge amount of space at the bottom half of their laptops? Well here's the embedded docking station they filed a patent on!

Now if that were a cell-capable iPod you could get web access anywhere in the world.... Interesting! According to Kevin Rose, of Digg, the iPhone will have the following features:

    iPhone 17 12 06
  • January launch on "all" providers, both CDMA and GSM
  • Extremely small form factor
  • Two battery design (with single charger) -- one for playing music, the other for phone functions
  • Flash memory: 4GB for $249, 8GB for $449
  • Slide-out keyboard
  • Possibly touchscreen

Apparently the Apple guys are not up on the KISS rule of product design, but we'll see how this all meshes together. Surely the fear of Apple has been holding down Motorola Inc. (MOT), who have already shifted their marketing focus to the lower end, ceding the high ground to a product that doesn't exist yet from their former (or maybe still) partner.

So do we buy into this hype? Hell yes! If Steve Jobs came out with a blender 5M people would pre-order on Amazon, so when Apple tells you (or doesn't tell you but you hear anyway) that they are going to sell over 20M $250 phones in year one, you'd better add it to the bottom line at their standard 9% net (+$450M).

Analysts were already expecting them to increase EPS by 20% pre-iPhone but this could add another 20% to that figure. Then there's the Tablet (I want a good tablet way more than a phone!), and the Apple Universal Remote (as long as it beeps when it's lost -- I'm a fan!), to go with the Apple ITV Media Center...

As a not-at-all-unrelated side-note. The Kleer Corporation has been quietly marketing an "Ultra Low Power Consumption sub-sampling radio architecture that delivers Segway Ride to Apple 17 12 06excellent radio performance at a fraction of the power consumption of other radio architectures. The enables OEMs to integrate wireless technology into portable audio players without suffering a large penalty in battery life. And OEMs can introduce new small form factor products knowing that small batteries will still give them acceptable battery life."

How is this related? Well you can just drop them a line at 19925 Stevens Creek Blvd in Cuperino, just a quick Segway ride away from Apple's HQ!

Read all of Phil Davis's articles on Seeking Alpha

This article is tagged with: Technology, United States
From Philip Davis:

Nice intraday trading calls this week Phil. You have me hooked on trading SPY options analogously to your DIA moves. I paid some tuition the last few weeks but I think I have the hang of it. Don’t be greedy and be happy with 0.05 to 0.10 and sometimes you’re lucky with much bigger moves. Thanks for the training!

- TmDecay, Feb 26, 2010  


Just closed out my V put for 50% in 24 hours thanks Phil!

- Humvee, Jan 5, 2010  


The best play I made this year was PSW. Will renew my membership tonight. Looking for the same trading profit percentages next year, but will have an advantage from the compounding, and much better skills acquired from you and the many skilled PSW co-pilots. Thanks!

- Gel1, Dec 15, 2009  


Phil I have been applying your arsenal (matresses, Edz plays, Ugl verticals etc.) to my gold holdings . So a big thank you for \"teaching me how to fish\" rather than just giving me the fish...

- Magret, Nov 27, 2009  


Phil - I caught the interview…. terrific!. Your host recommended that the viewers should \" go to your site, as you will be entertained \". That is for sure if you consider entertainment is laughing while you read, learn and make unbelievable leveraged profits that you never thought were possible. That is my kind of entertainment !

- Gel1, Nov 10, 2009  


Phil - Wow…wow. The vision and inate grasp of the options world you posess is rather staggering. It’s this type of experience that I really hope to develop. I’m afraid I still can’t see the moves, but I WILL learn. I cannot thank you enough for the patience, knowledge and effort you put into this place. Please keep it going!

- Where, Sep 24, 2009  


Phil...The hundred grand portfolio updates are helpful...Fun ..and have been profitable...really like em... made some nice entries into USB, KEY today... and I better add those FAZ calls tomorrow... Really glad you put that up this morning...

- Becker, Jul 29, 2009  


thanks for the DNDN recommendation last week phil. that was moneeeee….

- Kwan, Apr 15, 2009  


I have been with this site since the beginning and i have learned more the past 3 years than the previous 10. Information and great commentary are abound. The traders on the site are second to none and my portfolio has benefited greatly.

- Kustomz, Mar 21, 2009  


Phil: well, often you say, just for FUN, great comment, TXS, closed 2 SKF positions, one with 10 % , the other with 6 % gain,

- RMM, Jan 31, 2009