Mike Elgan has no clue what he's talking about. He just makes stuff up.
Mike Elgan’s Moronic Tirade on the iPhone
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First, nobody is seriously concerned that Apple won’t hit its 2008 target. Apple reiterated complete confidence that it will be able to make its goal, and most analysts are projecting the company will exceed it. Elgan is hoping voice doubt about it, but that’s because his core competency revolves around fear, uncertainty, and doubt for anything lacking the Microsoft logo.
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Apple has already sold 4 million iPhones in about 6 months. That means they only need 6 million this year and if they keep selling at the pace they have been then they will easily meet their goals.