According to AT&T, demand for the iPhone 4 has outpaced demand for the iPhone 3GS at a rate of ten to one.
Today, the official launch day for the new fourth generation iPhone, we’re seeing that AT&T wasn’t exaggerating. As illustrated by long lines around the globe, the iPhone 4 has arrived with incredible buyer momentum. Already, there are reports that the UK, Japan, Germany, and France have swiftly sold out of their entire iPhone 4 inventories.
Despite Verizon and Motorola introducing their competition to the iPhone 4 yesterday with great fanfare, it hasn’t distracted much from Apple and its updated smartphone. In fact, the US inventory of available iPhone 4s could be depleted before the end of launch day, say some market analysts.
Apple stores, for example, that are located inside shopping malls are receiving an estimated 1000 to 1500 units. Many of those outlets are now turning away prospective iPhone 4 buyers because they are already sold out.
In Charlotte, North Carolina alone more than 1,000 people initially stood outside of a Apple’s retail store at SouthPark Mall to be among the first to purchase the device.
Although Wal-Mart, Best Buy, and Radio Shack will chime in with some retail availability assistance, don’t expect much today. It appears that Apple is once again facing a greater supply shortage amidst unexpectedly overwhelming product demand. And it may take a while for supplies to catch up.