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AT&T Suspends Pre-Orders Of New iPhone 4 3GS

Tyler Durden's picture




 

In a stunning development for millions of American who no longer pay their mortgages with the blessing of Uncle Obama, only to use all this "excess" money to buy Apple apps and whatever latest gadget Steve Jobs' gizmo factory comes out with, they are now fresh out of luck in redirecting cash flow that otherwise would go to adding some much needed realistic cash to support bank mark-to-myth balance sheets (we wonder if the FASB will ever release a pro forma analysis of how many hundreds of billions, if not trillions, the combined TBTF capitalization is underwater if banks are indeed forced to mark their loans to market). In an internal AT&T memo, reported by the Boy Genius Report, and likely leaked intentionally to drive up the iPhone 4 release frenzy a few notches higher, the firm has told its employees "that pre-orders
for the iPhone — whether they be new activations, upgrades, or
exchanges — have been “temporarily suspended.” What will the great unwashed masses do now? Could this, gasp, force the pathetic US Savings rate to increase above its one year low reading in the mid 3%, thus spitting in the face of the Fed Chairman, whose doctrine of "spend now, worry about maxed out credit cards tomorrow" is being flagrantly ignored? Surely civil disobedience can not be far behind if Americans are thus prevented from spending the money that contractually belongs to their mortgage servicers.

Full memo from Boy Genius Report

Pre-orders for iPhone 4 and iPhone 3GS 8GB are Temporarily Suspended

Effective close of business on June 15, 2010, the ability to place pre-orders (new activations, upgrades and exchanges) has been temporarily suspended.  There is a special team that will be manually working all pre-orders from June 15th that were held in a pending status.  Under no circumstances should new pre-orders be attempted in the system.

This suspension impacts Phoenix, Premier, OPUS (COR), and System X (DMDR).

Please stay tuned to future bulletin communications for any updates.

 

 

 

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Wed, 06/16/2010 - 10:41 | 416974 Pladizow
Pladizow's picture

Finally, something worth rioting over.

Who's with me!

Wed, 06/16/2010 - 10:48 | 416990 Village Idiot
Village Idiot's picture

Count me out - I have Verizon.

Wed, 06/16/2010 - 12:09 | 417157 knukles
knukles's picture

Uh, yeah...like why the manual processing of orders?  Thought that these systems were supposed to....  Harumph.  So by example why would we be ....

Wed, 06/16/2010 - 10:46 | 416985 Rogerwilco
Rogerwilco's picture

For people smart enough to buy a few shares of AAPL since '03, those "gizmos" are essentially free. Some of us even paid off our mortgage thanks to Jobs and his magic money machine.

Wed, 06/16/2010 - 10:49 | 416991 Internet Tough Guy
Internet Tough Guy's picture

Version 4 already? Why do people waste their money on this plastic crap that has the lifespan of a moth? Total joke.

Wed, 06/16/2010 - 10:57 | 417014 NotAlwaysSo
NotAlwaysSo's picture

The iPhone 4 is ballistic glass and stainless steel actually, and my two year old 3G just sold for $260 on ebay.

If the economy resets to zero, like most of the ZH community imagines it will, then a good cell phone becomes a necessity for survival. Just ask all those micro entrepreneurs in India and Africa if it's worth spending money on 'plastic crap'.

Just food for thought...

Wed, 06/16/2010 - 11:03 | 417025 Internet Tough Guy
Internet Tough Guy's picture

If the SHTF your calls won't go anywhere. In that case you should hope your iphone fires 7.62mm messages. As for the ithing, how many times a year do you get sheared for an upgrade? Just curious.

Wed, 06/16/2010 - 11:10 | 417048 NotAlwaysSo
NotAlwaysSo's picture

I guess your SHTF scenario is more extreme than mine, you are talking EMP or complete social collapse. If that is the case, then my other survival package comes into play and it won't matter how many iToys I did or did not buy.

I'm not quite sure what you mean by 'sheared for an upgrade'. I got a couple of free OS updates which added functionality, and I have access to literally thousands of free apps which can extended that functionality even further. My phone bill has remained constant and is now reduced with AT&T's new rate plans.

Remember, betting the farm on this economy, up or down, is folly. Prepare for the worst, expect the best. Redundancy is key.

Felix qui nihil debet.

Wed, 06/16/2010 - 11:16 | 417056 Internet Tough Guy
Internet Tough Guy's picture

How people spend their money is not my business. But remember after 911 cell phones didn't work. That's not total social collapse, just an overburdened system.

Wed, 06/16/2010 - 12:11 | 417162 knukles
knukles's picture

Or in this day and age, the Powers That Be decide to shut down or limit access........ 

Wed, 06/16/2010 - 12:22 | 417189 Hulk
Hulk's picture

Here is how to protect your iPhone from EMP attack (place on vibrate before protecting, more fun that way)

http://www.geekologie.com/2008/06/26/butt-phone.jpg

Wed, 06/16/2010 - 13:23 | 417336 Cognitive Dissonance
Cognitive Dissonance's picture

LOL

I really didn't need to see that. :>)

Wed, 06/16/2010 - 14:53 | 417620 Hulk
Hulk's picture

Just goes to show how creative and ingenious folks can be. looks like that fellow forgot to attach a string though. Time to send in the hamsters!

Wed, 06/16/2010 - 11:53 | 417115 Forbes
Forbes's picture

Don't know why anyone would pay $260 for a two year old 3G, when new ones (until recently, anyways) could be had for $99 (with a 2 year contract, but then what's a phone for if not to use it).

Wed, 06/16/2010 - 12:17 | 417174 NotAlwaysSo
NotAlwaysSo's picture

Research 'jailbreaking'.

Wed, 06/16/2010 - 13:24 | 417342 Cognitive Dissonance
Cognitive Dissonance's picture

I know someone who bought a used 3G as a status symbol and never actually activated it to receive calls. He just likes to carry it around and flash it.

Not kidding. This is how far humanity has fallen. There is room to fall further.

Wed, 06/16/2010 - 13:30 | 417362 seventree
seventree's picture

To  me a 'good cell phone' is one I can reliably place and receive voice phone calls with. My refurb Motorola clamshell is small and well designed, works great and cost $30 outright purchase. I re-up once a year at $100 for 400 prepaid minutes, which doesn't sound like much but is more than I need for emergency road use, occasional short calls from the car, and of course -- calling the local telco when my landline goes out.

As long as the tower infrastructure is working I have full voice communication. If that goes out, temporarily or permanantly, I am no worse off than someone carrying a 10th generation 3d hd million-color touch-screen smartphone that doesn't work either. And I have saved $$$ for survival supplies.

Now if anyone is really concerned about post-shtf communications, get to know a ham radio operator. Or better yet become one.

Wed, 06/16/2010 - 10:51 | 417000 three chord sloth
three chord sloth's picture

Does it come with an App that blocks all calls from bill collectors?

Wed, 06/16/2010 - 10:51 | 417002 doomandbloom
doomandbloom's picture

funny that zh is running ads for iphone covers by dsstyles ..hehhe

Wed, 06/16/2010 - 11:45 | 417104 Agent P
Agent P's picture

You stole my comment...also, your freaky clown avatar frightens me.

Wed, 06/16/2010 - 10:53 | 417008 Postal
Postal's picture

I have neither a mortgage nor an iPhone. Methinks I'm not missing much.

Wed, 06/16/2010 - 10:57 | 417016 Hephasteus
Hephasteus's picture

You should spend 1000 dollars a month on mobile data charges updating your facebook. It's good for the conomy.

Wed, 06/16/2010 - 10:59 | 417027 Postal
Postal's picture

I'd prefer to follow Robo's lead and spend the $1000 on a stripper. Again.

Wed, 06/16/2010 - 13:25 | 417345 Cognitive Dissonance
Cognitive Dissonance's picture

For that kind of money, all you want to do is watch???

What ever gets your freak on.

Wed, 06/16/2010 - 14:09 | 417478 Postal
Postal's picture

Who says all I did was watch? I just admitted where I'd spend it; didn't say what services I received... ;-)

Wed, 06/16/2010 - 10:56 | 417011 Hephasteus
Hephasteus's picture

Oh noes. There's an Iphone frenzy. And we haven't even rebuild the barn after the Ipad frenzy. It's so frenzirific. Why doesn't apple just come out and say all the bitches just be up on my nuts. The workers will be dropping from exhaustion trying to satisfy all this frenzied buying. It's so rambunctious and raw and frenzied. zzzz.......

Oh sorry. It's horrible I say horrible. How can only 800,000 foxconn employs hope to manufacture over 2 million ipads. zzzz......

Wed, 06/16/2010 - 11:03 | 417035 I_Rowboat
I_Rowboat's picture

It's like Santa's workshop on December 23. "Work those elves, work 'em till they drop!"

Santa is basically a sweatshop monster.

Wed, 06/16/2010 - 10:59 | 417012 etrader
etrader's picture

APPL will just be another chapter in a revised addition of Charles Mackay sometime down the line...

Wed, 06/16/2010 - 10:58 | 417018 jimijon
jimijon's picture

Great for me.. an iPhone / iPad developer. And for publishers too. When ZH wants to "monetize" their debt, they should send some my way, preferably silver or gold, and I will create a blockbuster must have app for you!

real

Wed, 06/16/2010 - 10:59 | 417022 I_Rowboat
I_Rowboat's picture

As I've said elsewhere, one thing I don't get is the Steve Jobs cult of personality. If I never have to look at his smug face atop that goddamn black turtleneck, hands out-stretched to introduce the latest techno-distraction to throngs of star-struck cultists, why, that would be just fine.

Wed, 06/16/2010 - 11:14 | 417042 Internet Tough Guy
Internet Tough Guy's picture

The releases come closer and closer together don't they? At least people don't have time to worry about their diminishing prospects, or who is driving them to their doom. Look, my phone comes in cornflower blue!

Wed, 06/16/2010 - 11:55 | 417117 Agent P
Agent P's picture

"his smug face atop that goddamn black turtleneck"

I don't own any Apple products, but I'm starting to consider buying one just to help Steve Jobs out...you'd think a guy that works that hard could afford more than one outfit...poor guy.

Wed, 06/16/2010 - 10:59 | 417023 Careless Whisper
Careless Whisper's picture

...prevented from spending the money that contractually belongs to their mortgage servicers.

people can default. the remedy is foreclosure. that's how the mortgage contract works, but apparently someone isn't happy with the pre-determined remedy and is attempting, along with the msm to demonize those that default. we must uphold the rule of law, which is the mortgage contract, like it or not.

 

Wed, 06/16/2010 - 11:10 | 417039 plocequ1
plocequ1's picture

Wha! Wha! What? I guess it's ok. I'm looking into an HTC HD 2 anyway. Fuck It. I have nothing against Apple. My Macbook pro 15 is holding up very nicley.

Wed, 06/16/2010 - 11:07 | 417040 Midasfinancas
Midasfinancas's picture

That crap in Europe, Portugal, costs almost 800 dolars. Iphone 3G 800 dolars and there are crazy ones that buy it for that price... What a morons

Wed, 06/16/2010 - 11:12 | 417051 ShowMeTheTime
ShowMeTheTime's picture

The 4g PHONE search volume and interest is much higher than previous models.  Could be the new antenna that wraps around the phone as opposed stuck in the phone.  Will it helped dropped calls?  Hello?  Hello?

 

Wed, 06/16/2010 - 11:19 | 417064 williambanzai7
williambanzai7's picture

We could do with 6 more Apples and 6 fewer 2big2fail banks.

Wed, 06/16/2010 - 11:23 | 417071 williambanzai7
williambanzai7's picture

BTW, they claim they are not interested in tackling the living room system.

I don't believe it. Apple home entertainment will be the next big thing. Goodbye SONY.

Wed, 06/16/2010 - 12:26 | 417197 Anarchist
Anarchist's picture

Apple TV is nice but has not taken off

Wed, 06/16/2010 - 11:24 | 417075 Trimmed Hedge
Trimmed Hedge's picture

Savings rate of 3-4%?

My god, man... I save a good 40% (if not more) -- and I still feel poor.

Wed, 06/16/2010 - 11:32 | 417085 Hellholeratrace
Hellholeratrace's picture

Apple only has about 1% of the cell phone market share and about 7% of PC market share. Thanks to their marketing and media, you'd think just about every one owns an i-phone.  I actually bought one in February and it broke 2 weeks ago.  I hate you Apple.

Wed, 06/16/2010 - 12:04 | 417142 Circumspice
Circumspice's picture

Yeah, that's world market share, though, and they only make smartphones. I believe their share in that market is above 15%, though, and that's where growth will occur.

Also, unless you broke the phone yourself, try taking it to an Apple Store or calling them up. Honestly, they've been pretty good about fixing mine, both when I got a dead pixel (replaced the LCD) and when my home button croaked (replaced the whole phone). When my cell phone kicked the bucket in the States, it took me three weeks to receive a replacement from T Mobile.

Wed, 06/16/2010 - 19:42 | 418313 Hellholeratrace
Hellholeratrace's picture

"unless you broke the phone yourself"...

Well, apparently having the slippery little devil slide out of my hands and onto a counter (it didnt even fall to the ground) was enough to shatter the screen. Since this constitutes carelessness on my part according to Apple, they will charge $200 to replace the screen and LCD. The "genius" at the store puts in some type of diagnostic code that tells them how fast it fell, etc. My screen should not have broke from what happened.  And the i-pad is just one big i-phone screen that is much easier to break due to "carelessness".

So like I said, I hate you Apple.

Wed, 06/16/2010 - 11:34 | 417089 Sqworl
Sqworl's picture

LMAO...Thanks ZH..I got a good laugh this afternoon from this post!!!

Wed, 06/16/2010 - 12:00 | 417131 Circumspice
Circumspice's picture

*has an iPhone*

Here in Japan the upfront cost is $0 and my cell phone plan is around $60-70 a month (including unlimited data). Thank God for the Japanese and their distraction with even worse bells and whistles like a 10MP camera, 1-seg TV with humiliating game shows and cute animal parades, and "electronic money" uses that are in all ways inferior to debit cards. Without their insistence on these indispensable features, I might have to actually pay what Americans pay for frivolities like the iPhone.

But seriously, compare an iPhone to the shit that comes from Nokia/Japanese cell companies, or buying your cell phone, electronic dictionary, navigation system, camera, MP3 player, video game handheld etc. (in order of importance for me) separately. For me, there's honestly a real value proposition if you have a functional 3G network.

Wed, 06/16/2010 - 14:29 | 417536 taraxias
taraxias's picture

Ignorance is bliss. Research the Nokia N900 and then come back and edit your post.

Wed, 06/16/2010 - 12:42 | 417229 What a mess_man
What a mess_man's picture

Don't knock the iPhone until you've tried one.  I used to think the same way lots here seem to (plastic crap, over the top high priced, contract-fleecing gadget mania type thingy) until both my cell phone and iPod died, and $99 was a cheap solution.  Now I wish I had the newer faster better model.  It's not a phone at all, but a mini-computer which happens to have a phone, and a GPS, and an iPod, and a browser, and a voice recorder, and a camera, and clock/stopwatch/timer/alarm, and a calculator, and email.  Oh and all those cool apps.

Most useful purpose of gadget to date (other than GPS on vacation):  taking ZH with me wherever I go!

 

iGadgets Bitches!

Wed, 06/16/2010 - 13:58 | 417442 Thoreau
Thoreau's picture

AT&T can't deliver the bandwidth, plain and simple. Can't speak for the Iphone, but my Macbooks are built like freakin' tanks. If your time, peace of mind, sanity, and not having to screw with anti-virus, firewalls, spyware, defrag, etc means anything to ya...

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