
According to Racked, all NYC AT&T stores have sold out, but Manhattan Apple stores still have some iPhone stock.
Computerworld describes the problems users were having connecting with the iTunes 7.7 software needed to configure the device, as does the NY Times. (Apple suffered network gridlock Friday morning).
But Apple retail stores in Boston, Miami, and New York reported today that activation problems have "been resolved." (PCWorld)
AP reported that Apple shares fell $4.05, or 2.3 percent, to close Friday at $172.58 amid a general decline in U.S. stocks.

- Where to Buy an iPhone in Brooklyn: The List (from 2007, not 2008)
- iPhone Mania -- Hey, That's Brooklyn!
Photo by MK Metz
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