Apple has nearly caught up with demand for iPhone 5Supply of the iPhone 5 at Apple's U.S. retail stores has almost completely caught up with demand, just in time for the bustling holiday shopping season.
Gene Munster and his team at Piper Jaffray have continued their nightly checks of 100 Apple Stores. They found that supply of AT&T and Verizon models has "significantly improved," while Sprint units remain readily available.
"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.
His checks of Apple's stores found "dramatic improvements in availability," as Tuesday night the AT&T model was available at 82 percent of stores and the Verizon model at 72 percent of stores. The Sprint iPhone 5 was also in stock at 92 percent of Apple Stores.
iPhone 5 availability, via Piper Jaffray.
Signs of improved supply come as Apple this week changed its online store to advertise two-week shipping times for the iPhone 5. Apple's estimated shipping times for products are often seen as a sign of how well the company is able to keep up with demand.
Availability of the AT&T and Verizon iPhone 5 models was severely constrained earlier this month, but Apple has been gradually catching up in recent weeks.
Apple is believed to have encountered a number of quality control issues with assembly of the iPhone 5 when the device first launched. But information from the company's supply chain found that capacity was steadily improving as Apple's partners acclimated to production of the redesigned device.
On Topic: Apple Retail
- Apple to allow broken screens on trade-in iPhones, offer optional screen protector installations
- Square's Apple Pay-ready NFC reader goes on sale at US Apple Stores
- New York Landmarks Conservancy to recognize Apple for preserving historic NYC buildings
- Apple Stores reportedly stall growth at top US shopping malls
- Apple's third Turkish retail store to open in 2016, report says