iPhone 5 Shipping Times Get Shorter (AAPL)
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Price: $433.26 -0.3%
Rating Summary:
52 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
52 Buy, 12 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
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The supply/demand imbalance for Apple's (NASDAQ: AAPL) iPhone 5 is finally easing... a little.
Analysts at BTIG noted that the ship time's for the iPhone 5 at Apple's website dropped to 2-3 weeks, from 3-4 weeks last week.
This is the first time ship times have come down since Apple launched the device.
AT&T's website has ship times of 3-5 days, down from 7-14 days at the end of last week.
For Apple shareholders, this could suggests that Apple is curing supply chain issues that have limited supply. On the other hand, it could suggest demand is waning. Either way, with the Christmas season fast approaching having the supply of iPhone 5's available will surely bolster sales.
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Analysts at BTIG noted that the ship time's for the iPhone 5 at Apple's website dropped to 2-3 weeks, from 3-4 weeks last week.
This is the first time ship times have come down since Apple launched the device.
AT&T's website has ship times of 3-5 days, down from 7-14 days at the end of last week.
For Apple shareholders, this could suggests that Apple is curing supply chain issues that have limited supply. On the other hand, it could suggest demand is waning. Either way, with the Christmas season fast approaching having the supply of iPhone 5's available will surely bolster sales.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
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