updated 01:15 am EDT, Mon July 21, 2008
iPhones virtually sold out
In less than 10 days since its problem-plagued launch, Apple has sold out of stock of iPhones in all of its stores except three, including every state except New York, California, and New Hampshire. Apple notes that on Monday none of its 137 locations in the US will have stock of the 8GB iPhone and that the only location to have the 16GB black iPhone will be its retail store in Pleasanton, California (Stoneridge Mall). The only other two stores to have stock of the iPhone are the retail locations in Salem, New Hampshire (Rockingham Park) and New York City (Fifth Avenue) -- both of which only have the 16GB white iPhone model.
AT&T, Apple exclusive US carrier of the iPhone, said that many of its locations sold out in the first day and that customers who waited in line would wait 3-5 days; customers are now being told that iPhone delivery could be delayed to 3 weeks if purchased from an AT&T location, while Apple still says that it is taking stock daily at its locations and is asking customers to check online.
Last week, Apple's own flagship stores in the US and worldwide began advertising limited stock of iPhones, while customers were still waiting 4-5 hours in line at several locations, over 21 states had no stock of the new device. As of July, Apple has opened 219 stores worldwide, including 187 in 37 US states.
Ahead of the launch many of Apple's worldwide carrier partners tried to warn customers of expected shortages in supplies and UK partner O2 sold out its online supply within hours
Analysts estimate that Apple earned as much as $330 million during the first weekend of the iPhone launch, and despite claims of 1 million iPhones sold during opening weekend, analysts note that the number includes "unsold" units delivered to its partner mobile carriers and Apple stores.
Analyst Piper Jaffray says the number of iPhones during the first weekend sold was actually closer to 425,000, though with all stock sold out in the US and around the world, Apple may indeed have now sold many more than 1 million iPhones to the public (as they have taken delivery of more iPhones 3Gs almost daily since the launch).