Piper Jaffray analyst Gene Munster says that iPhone 5 demand remains high.
“In a survey of 20 stores, only 4 had iPhone 5s in stock, and they were all Sprint phones for sale in smaller U.S. cities,” Philip Elmer-DeWitt reports for Fortune. “Munster writes: ‘We continue to believe that by December, supply and demand for the phone should be close to equilibrium. Second, if supply issues do constrain December, we do not believe consumers will ‘give up’ on the iPhone in favor of another phone. Third, consumer sentiment on the iPhone remains high despite reported issues with Apple Maps, which we believe suggests that the Maps product is not causing a user backlash.'”
Read more in the full article here.