I don’t know, but that’s what this Engadget post is suggesting:

Interestingly, while carrier stores worldwide have all sold out, we’ve heard that most Apple stores have had more than enough inventory — one tipster reported that delivery trucks were being used to store overflow, since the main stock rooms were full at his local store — so we’re guessing the lines have more to do with the slowness of the activation process catching Apple off-guard.

If it’s true, though, then iPhone 3G hunters probably will have better luck at Apple stores this weekend than at AT&T stores.

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