While the iPhone is allegedly getting a big upgrade, the iPad rumors are pretty muted-- a bump in RAM for the Air, and not much news for the Mini. Maybe the bump in RAM will help the Air accommodate the rumored split-screen mode? Then again, if Apple has a big iPad innovation coming up, it might be better to save it until early next year, when it will allegedly introduce a bigger iPad. iPhone sales this fall and winter are going to be gigantic, way bigger than in the past, and if Apple were to introduce iPads concurrently, iPhone demand would at least somewhat deflate interest in new iPads. Apple would still sell millions of iPads, but I bet year-over-year comparisons won't look great. Four of five months later, though, flexible income opens up again, and even without a holiday, if Apple has something cool, it could have a big quarter. Competitors are waiting for Broadwell chips, or playing race-to-the-bottom pricing games, so I don't necessarily see urgency for Apple in that regard. But anyhow, unless Apple enters a new products category, the iPhone is gonna be its big story of the fall. Between subscription cycles and interest in bigger phones, conditions are right for a giant quarter.