One iPhone to live: Today's episode

A European executive says an Apple announcement is coming soon, purchase limits imposed at AT&T stores, and Worldwide Developers Conference is sold out.

Tom Krazit Former Staff writer, CNET News

Tom Krazit writes about the ever-expanding world of Google, as the most prominent company on the Internet defends its search juggernaut while expanding into nearly anything it thinks possible. He has previously written about Apple, the traditional PC industry, and chip companies. E-mail Tom.

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Tom Krazit

May 14, 2008 4:20 p.m. PT

In the interest of brevity, here's today's roundup of iPhone news and rumors.

Telefonica CEO Matthew Kay told reporters in the U.K. that Apple and the telecom company would be making a joint announcement in "the coming weeks," reviving the never-quite-dead speculation that Apple is about to release a new version of the iPhone.

Along those same lines, AT&T associates have supposedly been told to impose purchase limits on regular iPhones as supply dwindles. AT&T customers are now being limited to just one iPhone purchase per person, and must pay with a credit card or debit card. Apple enacted similar restrictions at its stores going into last year's holiday season, but lifted those after the holidays passed. Apple's online store is currently sold out of iPhones.

So if you want an iPhone, a good option might be a refurbished model. AT&T is selling them at a $150 discount off the list price in its stores. It seems that the supply of new iPhones has almost completely dried up, which makes sense as a new model dawns.

And the likely date on which more will be revealed about the new iPhone is sold out. Apple confirmed that its Worldwide Developers Conference is completely sold out, which is apparently a first.