The Bianconeri boss has conceded defeat in the race to bring the Fiorentina striker to Turin and is happy with his attacking options.
The Montenegrin attacker has been widely linked with a move to Turin for over a year, with Arsenal and Manchester City said to also be interested his services.
However, Conte has admitted defeat in his bid to sign the Viola forward, adding that Serie A clubs cannot afford the player.
"He has a high price which is justified because we are talking about a great player," the Juve coach told reporters. "But at these prices, it is obvious that he will not be going to an Italian team, but elsewhere."
The Old Lady has brought Carlos Tevez and Fernando Llorente to the club this summer in a bid to bolster its attack, but Conte has promised not to turn his back on the strikers already at the club.
"Now we have six attackers, so we will see what happens," he continued. "Everybody knows that the coach has no favorites. None of them will receive any favors, a starting place is earned through training and matches.
"I have great respect and admiration for all of the boys who have accompanied me in the last two years."