It's not like everyone, or even a massive number of people (at least at first), are going to ditch their iPods and listen to music on their cellphones, but even if Apple weren't already working with Motorola to bring iTunes to handsets there'd be a lot to buzz about.
Rakesh also says that the company is in front of a potential second-quarter catalyst that is the World Cup, which could add some buzz to the nascent 3-D TV market.