Shipping Estimates for New iPhone 5 Orders Begin to Improve
For the first time, shipping estimates for new orders of the iPhone 5 placed through Apple's online store have improved, suggesting that Apple and Foxconn may now be getting a handle on production issues and making progress toward meeting demand for the popular device.
Shipping estimates which had been at 3-4 weeks since just a few days after pre-orders went live nearly two months ago, have now improved to 2-3 weeks. The new shipping estimates appear to be in effect for most of Apple's online stores around the world where the iPhone 5 is sold online.
In comparison, the iPhone 4S took roughly three months to begin coming down from its peak of 1-2 week shipping estimates, reaching supply-demand balance approximately three and a half months after the device launched. But with the iPhone 5 experiencing lengthier shipping estimates and Apple aggressively rolling out the device to over 100 countries by the end of the year, shortages may yet persist for some time.