Judging by the huge number of people queueing for the iPhone 4S release a couple of weeks ago, it is fairly safe to say that demand for the iPhone that analysts called a “disappointment” is still strong.

Now, one analyst is pointing to dwindling Best Buy stocks as a sign that stock shortages are creeping up on all iPhone vendors, and that demand is outpacing Apple’s supply chain.

W. Baird analyst William Power told clients that during research, his company checked with a number of Best Buy stores, and many locations are running out of stock…

Baird also goes on to note that stores in less-populated areas were most likely to still have the new iPhone in their inventories, though usually only in the highest capacity. Smaller stores will also have received a lower allocation than larger ones.

“We would note that Best Buy stores have typically been one of the last outlets, behind carrier stores and Apple stores, to have its supply of iPhone devices normalize. This makes the retailer into a proverbial litmus test for iPhone 4S supply, with the current diagnosis being that the demand is outpacing supply.”

The fact that the big retail outlets are running out of iPhone 4S stock is possibly telling, with Apple Stores and carriers also struggling to meet demand for the handset.

Currently, Apple’s online store is quoting two weeks for delivery, while AT&T is quoting 21-28 days. Verizon customers will have to wait 11-18 days to get their hands on an iPhone 4S.

Again, all of this comes after the industry was apparently disappointed with the iPhone 4S, with many expecting a completely new design to be released. The iPhone 4S continues to use the same chassis as its predecessor, but with re-worked hardware on the inside.

Some had thought that buyers would stay away and instead wait for the iPhone 5 to arrive next year. Current sales figures for the iPhone 4S show that, as usual, it’s nearly impossible to predict how well a new Apple product will sell!

  • Jason Masters

    We don’t queu over here in the states we stand or get in line.
    And apple store has plenty went in yesterday bought 2 better to go the source I guess.

  • iPad Lover

    Where are all the 4s buyers? I live in a small city called Los Angeles and other than me I have only met one person with the iPhone 4s. I don’t understand how Apple could be selling so many phones and I don’t see everyone walking around with them.

    • Zack

      I live in LA…so now you’ve met another. My weekly Friday night poker game…there is not 5 of us with 4S’s.

      • Zack

        *Now

      • Jason Masters

        Where is this game @ I want in on the action plus I’ll bring my iPhone 4S and my ipad2 lol

  • Buster

    Maybe apple is just exaggerating the numbers? Lines at AT&T the first day(40 maybe 50) Verizon(at the most 5) and sprint I don’t know since AT&T store and Verizon store here are 200 ft. from each other. The apple store closest to me from what I understand have shitload of 4s.

  • Lynn

    I live in Indianapolis and I have called Sprint, AT&T, Best Buy and the Apple Store and no one has any in stock.

  • Travis Pelley

    My 4s is tucked nicely up my bum.

  • waiting

    have waited 11 days since I put my order in local sprint store…

  • Sara

    I put an order in at my AT&T store not knowing that Best Buy would have any in stock!! I call around for 30 miles to different AT&T stores & a few other places that were said to be carrying the new 4s model. NONE of them had any in stock at 6pm on the day of opening sale. I’ve now been waiting for over a week, & it really sucks to know that I could have went another place or ordered one from a different AT&T location and gotten it faster!! Ugh!! So disappointed…

  • I’m still waiting for my iPhone 4s from Best Buy. I even pre-ordered it before it’s release date. When I call the store, everyone is clueless. And there’s been no communication from corporate on this issue either. Very bad business if you ask me, very disappointed in Best Buy and Apple for that matter!

  • Oh yeah, and what’s even more aggravating is that the local Apple store has “lots in stock”, just opened up 22 new countries, yet here in America, can’t get our hands on a stinking iPhone 4s…. Insanely aggravating.