Scalper1 News
Apple(AAPL) has caught up with demand for its iPhone 5S smartphone in the U.S., just in time for the core of the holiday shopping season. Piper Jaffray analyst Gene Munster said Monday that his biweekly checks of 60 U.S. Apple (AAPL) retail stores found that the iPhone 5S had hit 100% in-stock as of Wednesday. That includes full availability of all color, capacity and carrier combinations for the device. “Supply has improved dramatically from 24% two weeks ago and 8% at the beginning of October (including unlocked phones),” Munster said in a research note. “Online lead times have improved to 1-3 days ship time.” Early supplies of the iPhone 5S, which launched on Sept. 20, were tight because of manufacturing issues. The handset’s new fingerprint sensor was seen as a primary bottleneck in production. The improved availability for the iPhone 5S explains the apparent increase in advertising for the device, such as TV ads from wireless carrier AT&T (T). Meanwhile, a Piper Jaffray survey of consumers finds that iPhone purchase intent has slipped as Apple has satisfied early demand. Scalper1 News
Scalper1 News