AT&T suspends preorders of iPhone 4

NEW YORK (BestGrowthStock) – AT&T Inc said on Wednesday that it was suspending preordering of the next Apple Inc (Read more about Apple stock future.) iPhone while it tries to meet the fulfill number of orders it has already received.

AT&T, the exclusive U.S. provider for iPhone, said orders of the iPhone 4 on Tuesday, the first day of online preorders, were 10 times higher than for the iPhone 3G S last year.

The company said that availability of additional inventory would determine if it can resuming taking orders.

Heavy demand caused technical problems on the AT&T and Apple website on Tuesday, leading some consumers to instead try ordering the phones at stores.

AT&T did not comment on its technology problems or complaints about consumer privacy breaches in a short statement it issued on Wednesday.

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(Reporting by Sinead Carew; editing by Lisa Von Ahn)

AT&T suspends preorders of iPhone 4