Analyst: ‘Robust’ Demand for Apple Products Over Black Friday Weekend
Deutsche Bank analyst Chris Whitmore took a close look at the sales of Apple’s (NASDAQ:AAPL) products at various retailers and carrier partner stores over the Black Friday weekend. According to Apple Insider, Whitmore surveyed more than 100 stores during the weekend, including about 50 Apple Stores. The analyst also checked more than 50 different store locations at AT&T (NYSE:T), Sprint (NYSE:S), Verizon (NYSE:VZ), Best Buy (NYSE:BBY), Target (NYSE:TGT), and Walmart (NYSE:WMT).
The analyst found that consumer demand for Apple’s primary products was “robust.” Whitmore also found that most Apple Stores had good levels of product inventory and were adequately meeting consumer demand for key items during the Black Friday shopping rush, Apple Insider reports. For example, the analyst noted that the iPhone 5S appeared to be well-stocked at Apple’s retail stores.
However, Whitmore said that a few Apple Store locations were sold out of the 128GB version of the iPad Air. The Deutsche Bank analyst also found that some versions of the iPad mini with Retina Display were out of stock at some Apple Stores. According to Whitmore’s poll, the Wi-Fi only models of the Retina iPad mini were out of stock at 13 percent of the Apple Stores that he checked.