More specifically, Palm's biggest cheerleader at financial backer, Elevation Partner, Roger McNamee famously gaffed that:

“You know the beautiful thing: June 29, 2009, is the two-year anniversary of the first shipment of the iPhone,” McNamee said today in an interview in San Francisco. “Not one of those people will still be using an iPhone a month later.”

Well, today is July 29, 2009 -- two years later and a month later. Given that Apple sold 5.2 million iPhones last quarter, and AT&T activated 2.5 million of those babies, we're leaning towards a number somewhat higher than "not one."

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Hey, maybe that's what he meant? Quite clearly, "millions" means "not one"... right?

(Note: Palm did retract McNamee's hyperbole with a speed that would make Microsoft's Steve Ballmer Open-Mic Reaction Team (SBOMRT) envious.)

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