Verizon stops iPhone sales after supply bought out
Verizon found sales of its new iPhone so brisk that the company had to stop selling the phone because it ran out of inventory in less than a day.
Pent-up demand by Verizon customers meant the company sold out of its first shipment of around 100,000 iPhones within 17 hours on Thursday.
It marked the largest ever product launch for Verizon. The company exceeded its previous record within the first two hours of sales.
Pre-sales of Verizon's iPhone were limited to existing customers with orders pouring in until about 8 p.m., when Verizon exhausted its initial allotment of the phones.
Analysts say that first-day sales indicate that Verizon can probably expect to sell more than 11 million iPhones during 2011.
Read more: Verizon stops iPhone sales after supply bought out | AHN

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Pent-up demand by Verizon customers meant the company sold out of its first shipment of around 100,000 iPhones within 17 hours on Thursday.
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Guess I'll have to search.

