After iPhone 4 announcement, Sprint's EVO sells outJune 8, 2010: 4:56 PM ET
Sprint is now sold out online and in retail stores of its EVO 4G but are working day and night to replenish stocks.
Sprint yesterday announced that the EVO outsold its previous record holder, the Palm Pre, by more than a factor of six -- in one third the time. Today's news is even more telling. On the day after Apple (AAPL) announced its next generation iPhone 4, Sprint (S) is completely sold out of its flagship Android smartphone.
For those waiting to see what Apple had to offer (Sprint iPhone anyone?) at its unveiling of the iPhone 4 before deciding what to buy, the news is bittersweet. Clearly, some of the people who were on the fence chose to go the EVO route, so that has to be comforting to Android lovers. But those who waited too long to make the call will be waiting much longer. RadioShack (RSH) says up to two weeks before they are expecting to have stock.
Sprint and Best Buy (BBY) both just say sold out. The Sprint store in Midtown Manhattan says they will be getting some in a few a days (which are already reserved) but don't expect to be able to meet demand for "at least a month." The 'good' news is that around 100 are available on eBay for under $500.
Update: Sprint chimed in with this:
"As customer demand continues for HTC EVO 4G, we have experienced temporary shortages and/or outages of the device at some of our distribution points. Sprint and HTC are diligently working around the clock to increase inventory in all sales channels, including national retail partners RadioShack, Best Buy and Walmart, and indirect dealers. Additional shipments are arriving to our distribution channels on a regular basis. We appreciate the positive response from customers and promise to fulfill orders as best as possible in a timely manner."