Apple (AAPL) Reports 3G iPhones Aplenty, Which May Be Bad News

Consumer Electronics

Published: July 12, 2008 1:48 pm

Apple (AAPL) is not sold out of the new 3G iPhones. Based on data from the company, consumers can find them in almost every Apple store. Reports are that Apple’s carrier partner AT&T (T) is not as lucky.

Was Apple smart? Perhaps it ordered a huge number of the handsets. But, why would it under-supply AT&T? Or, did the initial demand for the iPhone fall well short of the mark?

Bloomberg also reports that “The Apple retail store likely has your iPhone 3G in stock,” Cupertino, California-based Apple told visitors on its Web site. “Shipments of iPhone 3G arrive most days.”

Apple shareholders should hope that the company simply anticipated the early customer traffic and did a good job of inventory control. The alternative is bad news.

Douglas A. McIntyre

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