Despite nail biting situations in terms of stocks, US tech giant Apple has managed to solve the supply problems it was facing for the iPhone 5. The company has completely caught up with the demand for the phone in the US market and this comes just in time for the upcoming bustling holiday shopping season.
Gene Munster and his team are on nightly checks of the 100 or so Apple Stores. The team found that the supply of the AT&T and Verizon models has improved significantly and the stock for Sprint is readily available.
Munster said, “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”. Dramatic improvements were noticed in stores, as the AT&T models are now available at 82 percent of the stores, while the Verizon models are available at 72 percent of the stores. Even the Sprint iPhone 5 models are available at 92 percent of Apple Stores.
The signs of improvement came after Apple changed its online store to advertise two-week shipping times for the iPhone 5. The estimated shipping times of Apple is seen as a sign of how well the company is able to keep up with demand.