Apple announced on Monday that it has sold the millionth iPhone a few weeks ahead of schedule.

Considering they have to pay $100 back to every early iPhone adopter, this is not exactly great news for Apple. On the other hand, they're just giving back store credit, so those $100 million aren't really going anywhere once you think about it. It's just a public relations gimmick.

"One a million iPhones in 74 days, it took almost two years to achieve this milestone with iPod," Apple Chief Executive Steve Jobs said in a statement.

A million sold iPhones and a million of its most faithful customers used to get a $100 million loan with no collateral. Once you're done making the new iPods, just give the money back, or don't, who cares. It's not even a loan, since they still have to spend the money they got back in Apple.

Apple was always an innovative company, and their latest innovation seems to be the fanboy powered iBank.