After launching its new flagship Nexus 4 smartphone, Google (NASDAQ:GOOGL) has had something of a blockbuster on its hands with soaring demand outstripping supply. Inventory quickly sold out weeks ago and only recently received more supply. Consumers quickly snapped up those models and Google Play is now quoting seven- to eight-week shipping times on new orders, addressing the criticism that it should allow customers to backorder. The device works unlocked on domestic GSM networks like AT&T (NYSE:T) and T-Mobile, but Ma Bell isn't going to help with marketing, since the Nexus 4 strategy is to undermine carriers. Meanwhile, Apple (NASDAQ:AAPL) continues to catch up with iPhone 5 demand, which has also been plagued with shortages since its launch.

Fool contributor Evan Niu, CFA, owns shares of Apple. The Motley Fool owns shares of Apple and Google. Motley Fool newsletter services recommend Apple, Google, and AT&T. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.