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Apple's Dangerous Contempt

 

This column was originally published on RealMoney on Jan. 17 at 7:15 a.m. ET. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.

Much has been said about Apple's (AAPL Quote) first phone -- most of it tainted with feverish hyperbole.

But a week after the grand announcement, it is striking how limited the device seems at a second glance. The iPhone's willful disregard of the global handset market will come back to haunt Apple.

Glory Days

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