PDAStreet.com > News > iPhone 3GS Supply Squeeze Hurting Apple? iPhone 3GS Supply Squeeze Hurting Apple?
By Michelle Megna
Apple is scrambling to meet demand for the iPhone 3GS but analysts say the dilemma likely won't harm the darling of the tech sector in the long-term.
"We are currently unable to make enough iPhone 3GSes to meet robust demand, and we are working to address this," Apple CFO Peter Oppenheimer said during the company's quarterly earnings conference call yesterday. The iPhone 3GS went on sale June 19 and 1 million were sold within the first three days, according to Apple (NASDAQ: AAPL). "The demand has been staggering almost in every country that we've shipped in," Apple COO Timothy Cook said during the call. Apple is still planning to launch the smartphone in 20 more countries next month, and Cook added that a recent boost in production is working according to plan and will be able to meet demand when the iPhone 3GS is rolled out in additional markets. Get the full story here at InternetNews.com.
| |||||||||||||
|
|
