IPhones sold out in online stores

From Times Wire Services

Apple Inc.'s iPhone is sold out at its online stores in the U.S. and Britain, a sign that a new model with faster Internet access may be introduced soon.

The shortage suggests Chief Executive Steve Jobs is readying a new model, which may be unveiled during his speech at Apple's developer conference June 9, Piper Jaffray & Co. analyst Gene Munster said.

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