Thomas Kee, writing for Marketwatch (via Daring Fireball):

In fact, Sprint’s purchase of 30.5 million iPhones, worth $20B, is exactly what propelled AAPL’s earnings this past quarter.

No.  That is simply not correct.  The Sprint deal is for ~30.5 million iPhones, but it is over four years.  Horace Dediu estimates that the first year would be ~4 million.

He also drops on us the knowledge bomb that iPhone sales can’t continue to grow because.  Which, you know, is pretty the definition of infallible logic.

Instead, I am suggesting that sales growth like what we have been witness to will not continue at the same rate.

Like I said, infallible.