May 5, 2024

iPhone Shortage: Get it while you can!

Posted July 18, 2008 at 9:27am by iClarified · 9344 views
Got your hands on an iPhone? Excellent! Send it over to iClarified because I don't have one!
Gene Munster, from Piper Jaffray & Co., is reporting that there will be a shortage of iPhones for the next 3-4 weeks, until about end-August. This is very unfortunate for those wanting iPhones. On eBay, the 16GB Black model is going for nearly USD1000.00

"I bet we'll see these problems for another two to four weeks," said Gene Munster, analyst at Piper Jaffray & Co., referring to his estimate of the lead time necessary for Apple to increase orders from its suppliers and restock the depleted iPhone inventory. "Early demand has been more than they expected [because] they knocked it out of the park on the first weekend."

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