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Jobs: iPhone supply may not be enough

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By Charles Starrett

Contributing Editor
Published: Friday, June 29, 2007
News Categories: iPhone

In an interview with the Wall Street Journal, Apple CEO Steve Jobs has claimed that the company’s iPhone inventory may not be enough to meet demand. “We’re building a fair number of them, but we may not [meet demand],” Jobs said. “We had to make our best guess as to what the demand was going to be and what supply we were going to put in place many, many months ago. We built factories to build these things and everything. We’ve taken our best guess but it wouldn’t surprise me at all if it ain’t enough.” Jobs also claimed that the iPhone has yet to cannibalize iPod sales, stating, “We can report to you that it hasn’t so far.”

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