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It is not often that Apple has to apologize for failing to prepare and produce a product on time but that's exactly what they've done with the iPhone 4. Apple today posted a statement apologizing for the delay of the white iPhone 4.
You can view the full statement on Apple's site here: http://www.apple.com/pr/library/2010/06/23iphonestatement.html
Apple said:Statement by Apple on White iPhone 4
White models of Apple’s new iPhone® 4 have proven more challenging to manufacture than expected, and as a result they will not be available until the second half of July. The availability of the more popular iPhone 4 black models is not affected.
You can view the full statement on Apple's site here: http://www.apple.com/pr/library/2010/06/23iphonestatement.html