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  • How much channel inventory at quarter end will depend on how much inventory carriers will want to carry going into the March quarter, Also, timing is an issue - when resellers want to restock and far they wish to draw inventory levels down before doing so. 2Q07 iPhone sales were very strong (1.7M vs 2.3M Q1) and would have been a little higher if it weren???t for sporadic iPhone shortage in March.
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