Andre Yoskowitz
21 Jul 2008 16:57
After only 10 days, it appears the new Apple iPhone 3G is sold out at almost all of Apple's official retail stores in the United States and demand is still picking up.
According to official Apple stats, only 3 out of 188 stores had any of the devices available as of last night. There are stores in 38 different states. One million of the devices were sold in the first 3 days and Apple says the demand has not died down since.
"Apple and its partners can only make them so fast," noted Andy Hargreaves, an analyst at Pacific Crest Securities. Hargreaves does expect Apple to pick up production soon and end the supply shortage."The current shortage is only negative if Apple isn't able to increase production in the coming weeks," he added.
This latest news adds to the story AT&T has been saying, that most of their 2000 retail stores are out of stock as well and that users may have to wait up to 3 weeks to get the device. The same story has come from the UK, Germany and even Japan.
Steve Jobs, CEO of Apple, has said he expects to sell 10 million iPhones this year (both first gen and 3G) and wants to capture 1 percent of the worldwide cell phone market.