iPhone 5 edges toward supply-demand balance


iPhone 5 supplies continued to improve this week as Apple reduced the wait time for delivery to "2 weeks" on its online store.
The status change comes a bit more than a week after Apple shortened the shipping delay to "2-3 weeks" from the "3-4 weeks" that had plagued the smartphone for almost two months.
Apple started taking pre-orders for the iPhone 5 on Sept. 14, but ran through its initial inventory within an hour. By Monday Sept. 24, three days after the smartphone went on sale at Apple's retail stores and those of its mobile carrier partners, the device was backordered three to four weeks.
It stayed stuck on that span until Nov. 12.
In late October, Apple CEO Tim Cook told Wall Street analysts that sales of the iPhone 5 had been "extremely robust" and that production output had "improved significantly" since the beginning of that month...continue - ComputerWorld.

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