Some iPhone 3G S activations may take up to two days

iPod touch and Accessories!“iPhone 3G S activations are being delayed by the sheer volume of traffic, an iTunes error message indicates,” MacNN reports.

“‘Your activation requires additional time to complete,’ the software is now telling some people syncing their devices for the first time. Due to the current activation volumes, it may take up to 48 hours to resolve your issue,'” MacNN reports.

MacNN reports, “Delays are known to be occurring not only in the United States, but also in Europe.”

Full article here.

In related news, “Piper Jaffray is admitting that its initial estimate of 500,000 iPhone 3GS handsets might have been too conservative,” Jim Goldman reports for CNBC.

Goldman reports, “Munster tells me he spoke to an Apple employee at the Fifth Ave. store in New York who said 400 iPhone 3GS’s had sold by 830am EDT. From his note: ‘We spoke with over 200 people in line for the iPhone 3G S earlier today in Minneapolis and New York. Our early read on iPhone sales is that our 500k estimate for the launch weekend will prove to be conservative.'”

Full article here.

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