iPhone's $200 Million Jackpot

Apple's (AAPL Quote) iDay will put a $200 million revenue ka-ching on the end of this quarter.

The temps are trained, crowd control measures are in place and the stage is all set for Friday's debut of the huge iPhone. If Apple can pull it all off, this most orchestrated of product introductions should manage to move nearly 400,000 phones out the door on the first day.

Follow this math: There are 162 Apple stores and 1,800 AT&T (T Quote) shops -- so exactly 1,962 sales outlets will be pushing the iPhone.

With the final changes to the iPhone made last week -- including an improved battery and glass instead of plastic screens -- it's fair to assume the phone has just recently been put into full production. This seems to rule out the notion that there are warehouses stuffed to the ceiling with pallets of iPhones. ...