Based on my experience today at the Apple Store, they'll easily sell out. If not tonight, sometime tomorrow. Some in the line were speculating that they might sell 4 million by the end of the weekend. Based on the 600,000 pre-orders and rumors of display shortages I wonder if Apple even has enough stock to sell that many.
3 million iPads in 80 days and now this - it good to be Apple!
Apple is selling iPhone 4s quickly enough that some stores have already sold out before the end of the day, Piper Jaffray analyst Gene Munster discovered today. A check in the morning found that nine of 20 Apple stores had already exhausted their stock, and all others expected to clear theirs by the end of the day. Earlier iPhone launches have usually taken a full weekend before significant sellouts. Munster also saw Apple selling many more iPhones than it has in the past. Assuming Apple reserved about half its total launch supply for those who hadn't pre-ordered, Munster expected to see at least one million and as many as 1.5 million iPhones sell this weekend. The low end would match Apple's previous best, with the iPhone 3GS, and so any higher sales would automatically make the iPhone 4 launch a new record.