I’m sure that everyone remembers the number of people lining up for iPhones last year, and the concern over supply versus demand. Can we expect a similar demand for the new iPhone 3G? Morgan Stanley says that it’s going to be even bigger this time around.

It’s pretty obvious why there will be a bigger demand for Apple’s latest headset. According to a representative of Morgan Stanley “We believe the market generally expects a doubling of iPhone units with the lower price point ($199) and we believe this is realistic, if not conservative.”  They have even raised their price target on Apple’s stock up to $210, which is up $25 from their last target.

Carriers such as O2 in the UK and Optus in Australia are already receiving more interested customers than expected. Optus was taking $100 deposits from customers wanting to get their hands on an iPhone 3G, however, they have received so many that they had to stop taking such deposits. Looks like you’d better get lined up pretty early this year.

[via 9to5 Mac]