We discuss the current status of the theory of the high-temperature superconductivity in intercalated graphites YbC6 and CaC6. We emphasize that while the general picture of conventional, phonon-driven superconductivity has already emerged and is generally accepted, there are still interesting problems with this picture, such as weak-coupling regime inferred from specific heat suggesting coupling exclusively with high-energy carbon phonons coming in direct contradiction with the isotope effect measurements suggesting coupling exclusively with the low-energy intercalant modes. At the same time, the first principle calculations, while explaining Tc, contradict both of the experiments above by predicting equal coupling with both groups of phonons.