Just last week, iPhone shipping estimates in Apple's online stores dropped to a week, and in some markets, shipping times have now dropped even further.
Online stores in the Asia-Pacific region, including Australia, New Zealand, Singapore, and Thailand are now showing shipping times of 2 to 4 business days, which suggests that Apple's supplies are beginning to match demand as the holidays approach. These are the shortest shipping times that the website has seen since the original launch of the device on September 21.
Though online stores in North America, Europe, and elsewhere are still listing shipping times of one week, those estimates should also drop as more inventory becomes available.
Apple today also announced that it is planning to bring the iPhone 5 to over 50 new countries beginning on December 7.
Update 1:44 PM: The new 2-4 business day estimates have now spread to Apple's North American online stores.