“Which means, he thinks, the company should “have no problem hitting our estimate of 47.5 million iPhone 5′s sold this quarter,” helped in part, as well, he expects, by the debut of the phone in China next month,” Ray reports. “Piecyk notes that shipment times for the iPhone 5 have declined from an initial 3-4 week wait to about 1 week for most North American carriers. He also cites the remarks in recent quarterly presentations by telecom exeuctives such as Qualcomm (QCOM) COO Steve Mollenkopf, and AT&T (T) CFO John Stephens, whose remarks give him the impression that ‘supply is ramping nicely.'”
Read more in the full article here.
[Thanks to MacDailyNews Reader "Dan K." for the heads up.]