Word is that the upcoming release of Apple’s iPhone 4G might cause a shortage of flash memory in the market. Apple is expected to ship about 40 million iPhones this year alone, which is just a bit more than 25 million from a year back. Does that mean there could be a shortage?

But that isn’t all to consider. Apple is expected to ship about 7-8 million iPads this year as well. See how it is starting to look likely? Apple is already said to be the largest consumer of flash memory in the world, since it uses built-in memory in the iPhone, iPad and iPods.

What do you think? Flash shortage or no?

[Electronista]