Apple Inc (AAPL)

[fmikehugo]

07:42 AAPL Apple iPhone demand to outpace supply?- Looprumors.com (112.89 ) -Update-

Looprumors.com is reporting a research group observes that demand for Apple's upcoming iPhone looks set to exceed supply. The survey conducted by The Channel Checkers included 36 U.S. AT&T stores and found that 64% of of them have an average of 25 persons on their waiting lists. The other stores are only allowing sales to occur on a first come, first served basis.

The group also reports results from other outlets with surprising findings: "We did have one outlier in New York City, which we excluded from our average, that had 1,979 people on its waiting list. Another store said "we cannot give out that figure but the waiting list is running into the thousands", another store reported that the number of calls for the phone was "indeterminable" as the numbers were massive."