No one is saying this right now, but to me the 3G iPhone is already a flop. The iPhone is Apple’s iPod for the mobile phone market. The company promised 10 million iPhones in people’s hands by 2008. No doubt, it will fall short of its predictions.

Apple has sold over 170 million iPods and that’s not even its biggest achievement in the portable music player market. With the success of the iPod, Apple has also created an industry: the online music. The success of the iPod produced the most lucrative online music store to date. The iTunes industry boasts a worldwide distribution in the excess of 600 million copies with over 4 billion songs sold.

iPod = iTunes. iPhone = MobileMe. With 3G iPhone, the iPhone 2.0 software, Apple is attempting to do another iTunes