After a disappointing [define disappointing] third quarter last year, Apple's CEO Tim Cook made one of the boldest projections in the company's history: Apple is going to sell 30 million iPhones and hit $37 billion in revenue in Q4 of 2011.
To put these numbers in perspective, Apple only sold 17 million iPhones in Q3 of last year, hitting just $28.3 billion in revenue. So you can see why some folks were taken a back by Cook's predictions. But hey, anything can happen, right?