Well, you do have some valid points. But remember though that they just barely broke their previous first-week record, significantly far below expectation due to supply constraint. And that was also due to the fact that Apple wasn't counting unshipped preorders as numbers that concluded their third quarter (lost oppurtunities there). So if you can see what I'm implying, that alone is a bad news for AAPL shares. So obviously, artificially constricting the sales is the very last thing they wanna do. Speculation does damage in this very situation.

Yes, iPhone isn't something that came out from a bakery. But still, it came out from a production line. And with any production line in the world, there are always bottlenecks that do limit their daily production. And eventhough they do manufacture them everyday, it's not like they do ship them to all countries on daily basis. They're not our local bakery. They do have to cater demands by telcos (mostly) from around the world, so taking turns they are (with some exception of course).

Yes, it should be a normal practice for any tech company to have developed further generations in the pipeline. But remember though...
Long story short, yup, they're supposed to be developing another following product in the meantime, but that's due to the time taken until the design is finalised is very long.

Subliminal messaging? I'd say the phone itself does a good job, without the need of faking its demand-supply situation that only gonna further damaging their stock price. Plus if you want me to swallow that, you'd have to make yourself accept that Sammy are also doing the very same practice that their shipments of their initial S3 stocks for the first months falls short of their own estimate due to the very same excuse as Apple's.

Before you've mistaken me that I'm just bringing Samsung-Apple adversary into this one, then I'm saying that I'm not. I'm just proving a point that even with Samsung being the first-party manufacturer of their own flagship S3, from fabricating the processors to the displays, they too stumbled with this tight-supply situation. And viewing from a different perspective, I'd say that Apple managed this far with ginormous devices delivered from launch is actually some incredible feat though.