Apple (APPL) iPhone 5 shortage denied, Apple Stores have healthy supplies of iPhone 5s, analysts say

(CNN) -- It looks like there will not be a shortage of iPhone 5s this holiday season, with plenty of the devices for all carriers in stock at stores around the U.S.

Analyst Gene Munster of Piper Jaffray said in a note to investors Thursday that Apple Stores have enough phones physically in stock that "consumers can walk into an Apple Store and walk out with a phone."

The iPhone 5 went on sale September 14, selling 5 million units over its first weekend. The device has been plagued by rumors of supply chain problems since then.

There were labor strikes at the Foxconn plant where the phones are manufactured, and Foxconn chairman Terry Gou said the devices were not easy to make and that, "We are falling short of meeting the huge demand."

If Munster's conclusions are correct, Apple and its supply chain partners have overcome those problems in time for the December rush. Munster conducted a survey of 20 Apple Stores to check on their stocks of Verizon, Sprint and AT&T iPhone 5s, and AppleInsider said it confirmed the availability with local Apple Stores.

Earlier in the month, Piper Jaffray called 70 Apple Stores and concluded that there were lower supplies of AT&T and Verizon iPhone 5s, though Sprint models were increasingly available.

The firm also conducted a poll earlier this month and found that demand for the device was strong in the U.S., with 55% of people planning to buy a smartphone choosing an iPhone 5 over rival devices.

Apple isn't the only smartphone manufacturer to struggle with supplies recently. Google's Nexus 4 Android handset sold out in one day when it went on sale November 13 in Australia, the UK and United States. But on Tuesday, the company announced a new wave of devices were in stock and available for purchase. Google is not releasing sales numbers for the Nexus 4.

Samsung's Galaxy S III has also been selling fast across the U.S.

According to Strategy Analytics, the Galaxy S III was the top selling smartphone in the world in the third quarter of 2012, knocking the iPhone out of the top spot for the first time in years. The iPhone 5 wasn't yet on sale, so the race for top smartphone of 2013 is still up in the air.

 
™ & © 2012 Cable News Network, Inc., a Time Warner Company. All rights reserved.


Comments

Read More

Jonathan Warrenfelt, Joshua Zeaya: Facial tattoo, bungled stickup leads cops to robbery suspects Jonathan Warrenfelt, Joshua Zeaya: Facial tattoo, bungled stickup leads cops to robbery suspects

The facial tattoo "Misunderstood" stood out to victims of a robbery at gunpoint in Dania Beach.

Ashley Taylor Wright threw her baby at a deputy at Pensacola Dillards, Okaloosa County police say Ashley Taylor Wright threw her baby at a deputy at Pensacola Dillards, Okaloosa County police say

A Pensacola woman, Ashley Taylor Wright, has been arrested after authorities say they tried arrest her for shoplifting and she threw the baby at a deputy as she tried to escape.

Stephen Amaral robbed while naked swimming woman distracts him Stephen Amaral robbed while naked swimming woman distracts him

A Tennessee man found this out the hard way when a woman dipped in his pool, naked, as her husband robbed his home.

Giant purple chicken stolen in Putnam County, three men charged with grand theft Giant purple chicken stolen in Putnam County, three men charged with grand theft

Putnam County investigators say it was "fowl" play when three young men stole a giant chicken.

Invisible man in Fort Pierce prefers his stolen cigarettes mentholated Invisible man in Fort Pierce prefers his stolen cigarettes mentholated

A man in Fort Pierce said he used his "powers of invisibility" to abscond with a carton of menthol cigarettes, but his conscience appears to have gotten the best of him.

David John Sirko: Suspected burglar left love notes, photos of underwear on head, deputies say David John Sirko: Suspected burglar left love notes, photos of underwear on head, deputies say

A Golden Gate Estates, Florida man was arrested Monday after Collier County sheriff's deputies say he broke into a woman's house, left her love notes and took photos of himself with her underwear on his head.

Randy Zipperer mac and cheese dispute: Florida man accused of stabbing brother after food disapears Randy Zipperer mac and cheese dispute: Florida man accused of stabbing brother after food disapears

Authorities say two Florida brothers got into a tussle over missing macaroni and cheese that ended with one stabbing the other in the stomach.

Walmart wedding: Wayne and Susan Brandenburg get married at Shallotte, North Carolina store Walmart wedding: Wayne and Susan Brandenburg get married at Shallotte, North Carolina store

For years, Wayne Brandenburg shopped at his local Wal-Mart three or four times a week. He never thought he'd pick up a wife, or marry her, there. But that's exactly what happened.

Man jumps on manatees video: YouTube, Facebook video posting investigated by wildlife officials Man jumps on manatees video: YouTube, Facebook video posting investigated by wildlife officials

Video of a man jumping on two manatees prompts legal investigation.

Filomena Tobias flips off Joakim Noah, Chicago Bulls player, paper reports Filomena Tobias flips off Joakim Noah, Chicago Bulls player, paper reports

The woman has been identified as Filomena Tobias, widow of CNBC commentator Seth Tobias, of Jupiter.