With an inferred bolometric luminosity of 5\times10^{15}{\rm \lsun}, the
recently identified z=3.87, broad absorption line quasar APM 08279+5255 is
apparently the most luminous object currently known. As half of its prodigious
emission occurs in the infrared, APM 08279+5255 also represents the most
extreme example of an Ultraluminous Infrared Galaxy. Here, we present new
submillimeter observations of this phenomenal object; while indicating that a
vast quantity of dust is present, these data prove to be incompatible with
current models of emission mechanisms and reprocessing in ultraluminous
systems. The influence of gravitational lensing upon these models is considered
and we find that while the emission from the central continuum emitting region
may be significantly enhanced, lensing induced magnification cannot easily
reconcile the models with observations. We conclude that further modeling,
including the effects of any differential magnification is required to explain
the observed emission from APM 08279+5255.Comment: 12 Pages with Two figures. Accepted for publication in the
Astrophysical Journal Letter