Still Waiting is the third single from Prince's second album Prince, and was released in the USA and New Zealand only. The b-side, Bambi, was also taken from Prince's second album Prince. Unlike the first two singles from the album, no picture sleeve was issued for this single.
The New Zealand pressing of the single contained the full 4:24 version of Still Waiting included on the original pressing of the Prince album, but which was replaced with an edited 4:12 version on all future pressings of the album worldwide.
The single did not enter the US Billboard Hot 100 chart, but reached number 65 on the Billboard Hot Soul Singles chart.