updated 11:36 am EST, Tue November 26, 2013
Supplies finally catching up to demand
Roughly 90 percent of iPhone 5s models are back in stock at US Apple Stores, according to data collected by Piper Jaffray analyst Gene Munster. Breaking figures down by carrier, the two biggest US providers -- AT&T and Verizon -- are showing 99 and 98 percent availability, respectively. The ratio shrinks to 72 percent for Sprint; unmentioned are figures for T-Mobile or SIM-free models.
Munster comments that if inventory tracking is adjusted to compensate for the marketshare of phones, the iPhone 5s is doing about 0.8 percent better than the iPhone 5 did in the same timeframe last year. "We view the improvement in supply as an encouraging sign that Apple has begun to catch up to demand," he writes in a memo to investors. "We continue to believe that Apple will reach supply-demand equilibrium by early December."
Apple rapidly ran out of many iPhone 5s models shortly after launch, especially gold units, which were difficult to find even on the first day. During the past two weeks, however, US Apple Stores have improved availability dramatically, starting from a base of 31 percent.