And, further, there are indications that Apple is planning to expand its customerbase later this year with a lower-cost iPhone for emerging markets (think India, China, et al.) where consumers tend to pay the full price at retail, not the subsidized contract prices we are spoiled by here.
JPMorgan would be picking up WaMu's customer deposits and in this rapidly changing banking world everyone is in agreement that the important thing is the capital basewithcustomer deposits being an important part of that.