iPhone 5 shipping estimates drop to one week

Last week, orders for the device on Apple’s website shipped in one to two weeks.

Now, 9to5Mac writes that shipping times have dropped to one week.

New Zealand, Singapore and Australia are among the countries that will benefit from the one week ship time.

This may be seen as an indicator that Apple is finally catching up with demand for the handset.

Last week, Piper Jaffray analyst Gene Munster and his team conducted a survey which found that supply of the handset has almost completely caught up with the increasing demand.

This will definitely prove beneficial for the company ahead of the upcoming holiday season.

Source: Apple Australia