Based on checks done at a 100 Apple Stores, Piper Jaffray’s Gene Munster concludes that Apple has managed to catch up with the demand for the iPhone 5, ahead of the crucial holiday season. His conclusion seems to be corroborated by the drop in iPhone 5 ship times to two weeks on Apple’s online store.
In a note to Piper Jaffray clients, Munster says that there’s a significant improvement in iPhone 5 supply over the past 10 days:
AT&T and Verizon have shown dramatic improvements in availability, while Sprint has maintained consistent availability. Last night, our checks indicated that Sprint phones were in stock at 92% of Apple Stores, AT&T was available at 82% of stores and Verizon at 72% of stores.
He adds that within the next two weeks, consumers will be able purchase an iPhone 5 from an Apple Store right away, instead of having to wait for stocks to arrive.
With the iPhone 5 ranking high up on the holiday gift charts, it’s crucial for Apple to have enough stocks of the iPhone 5 to keep up with the huge surge in demand that is typically seen during that period.
Apple has reportedly had to deal with quality control issues during the production of the iPhone 5, with an anonymous Foxconn official saying “The iPhone 5 is the most difficult device that Foxconn has ever assembled.”