iPhone's iCredit

For the record, Steve Jobs' apology, and he puts his money where his mouth is.

Apple.com: Steve Jobs' open latter

WSJ's David Gaffen has this take on Apple's $100 store credit for every iPhone owner.

WSJ blog: Four at Four: Apple’s Worm Rebate

The good news for Mr. Jobs is that those $100 credits will likely be used toward the purchase of products costing more than $100, so Apple will still net an extra chunk of change anyway.

One of the most enduring of Apple fans, Georges Yared.

Yared: Apple (AAPL) is the Cisco (CSCO) of this decade ... and then some

Cisco had its days trading at a 100 PE ratio -- absurdly high and certainly not sustainable. Apple's PE at "these lofty levels" is 30 times September 2008 earnings expectations of $4.50.