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iPhone 4 Update

Apple announced that the first day of iPhone 4 preorders topped 600,000 on the first day of availability, representing the largest single day of preorders ever. Apple said in a press release that the total was “far higher than we anticipated, resulting in many order and approval system malfunctions. Many customers were turned away or abandoned the process in frustration.”

The company continued, “We apologize to everyone who encountered difficulties, and hope that they will try again or visit an Apple store or carrier store once the iPhone 4 is in stock.”

AT&T stopped accepting iPhone 4 preorders entirely, informing consumers that sales were temporarily suspended due to demand ten times higher than for the iPhone 3GS.

“Given this unprecedented demand and our current expectations for our iPhone 4 inventory levels when the device is available June 24, we’re suspending pre-ordering today in order to fulfill the orders we’ve already received,” the company announced in a statement Wednesday. “The availability of additional inventory will determine if we can resume taking pre-orders.”

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