Munster: iPhone 5S Availability is Better Than iPhone 5
Does an increased iPhone 5S inventory mean that Apple (NASDAQ:AAPL) has resolved its production issues, or has demand simply slackened? In a recent note to investors, Piper Jaffray analyst Gene Munster reported that nearly every Apple Store has some version of the iPhone 5S available.
This contrasts with last year’s availability of the iPhone 5, when there was “essentially zero” iPhone 5 availability at most stores during the second week after the initial launch. Munster checked the availability of all versions of the AT&T (NYSE:T), Verizon (NYSE:VZ), and Sprint (NYSE:S) ”space gray” iPhone 5S at 60 different Apple Stores on October 2 and October 3.
According to the analyst’s checks, approximately 30 percent of the nine different versions of the “space gray” iPhone 5S were available with 98 percent of the stores having at least one of these models. At this time last year, most stores had no available iPhone 5 models.