Piper Jaffray: Global demand outstripping iPhone 3GS supply

The Silicon Valley / San Jose Business Journal reports, “Analysts reported Thursday that Apple Inc. could sell a lot more of its iPhone 3GS if it could keep up with the global demand for the devices.”

MacDailyNews Take: Define “a lot.”

The Silicon Valley / San Jose Business Journal reports, “‘Our checks indicate that worldwide demand for the iPhone 3GS is outstripping supply,’ wrote Piper Jaffray analyst Gene Munster in a preview of Apple’s Monday earnings announcement.”

“Munster’s report cited checks done by PJC Wireless analyst Mike Walkley in the first two months of the first most recent quarter that showed retail shortages for the iPhone 3GS,” The Silicon Valley / San Jose Business Journal reports.

Full article here.

[Thanks to MacDailyNews Readers “JES42” and “Jersey_Trader” for the heads up.]

39 Comments

  1. So, based on the reporting we’ve seen so far since 2007, it’s either:

    “Apple can’t possibly sell that many iPhones! They’re doomed!”

    or

    “Apple can’t keep up with the sky-high demand for iPhones! They’re doomed!”

    And I’m pretty sure we’d have heard about significant iPhone shortages taking place.

  2. at last i succeeded here in denmark… ordered 2 iPhones 3GS 16 GB… i’ve been trying to order some since june – every time they were sold out… and i need to order another 7 very soon.

    bad supply.

    and yes. we’re a big family… ” width=”19″ height=”19″ alt=”wink” style=”border:0;” />

  3. @Famous

    Gene Munster in particular, and Piper Jaffrey generally, don’t strike me as stooge analysts. Yes, there are plenty out there, but he’s not one of them.

  4. I doubt that most people who want to buy an iPhone, when being told a store is out of stock for a few days, will walk over to the Sprint store and buy a Pre.

    Oh wait . . . most people in the world can’t buy a Pre.

  5. Apple miscalculates iPhone demand and loses millions of dollars in potential sales. That’s not too surprising. Apple commonly fails to recognize the obvious and prepare for the intuitively obvious eventuality. What shall we call it? Hubris? Ignorance? Laxity? All of the above?

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