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Apple is catching up with iPhone 5 demand

by Nicole
November 21, 2012 at 12:01 pm

The company seems to have almost caught up to the demand for the new iPhone.

Piper Jaffray analyst Gene Munster and his team conducted nightly checks of supplies at 100 U.S. Apple Stores.

The survey found that supply of the handset has almost completely caught up with the increasing demand.

“As we get closer to the holiday, we believe consumers will likely have the ability to walk into an Apple Store and walk out with an iPhone 5 within the next two weeks,” Munster said.

They also discovered “dramatic improvements in availability,” as Tuesday night the AT&T model was available at 82 % of stores and the Verizon model at 72 % of stores.

Sprint’s version was available at 92 % of the stores.

“We believe that within the next two weeks that customers will be able to purchase iPhone 5s at Apple Stores same day,” the analyst said.

Source: AppleInsider

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