After Apple released it’s iPhone 5, the supply could not meet the demand but it looks like things maybe getting better. The wait time for an iPhone 5 has gone from 3 to 4 weeks to 2 to 3 weeks. Still a bit of a wait but better than the orignal wait time.
Apple updated the iPhone 5 section of its online store to show shipping estimates for the handset have improved from “3 -4 weeks” to “2 -3 weeks”. The iPhone 5 has seen shipping delays since it first went on sale in late September due to high demand and problems in production. Today’s improvements follow official word from Foxconn in October that production for the iPhone 5 has improved. Foxconn said the iPhone 5 is “the most difficult device that Foxconn has ever assembled,” and it added production is getting better day-by-day. During Apple’s Q4 earnings call, CFO Peter Oppenheimer said, “We’re working very hard to get more into customer hands as quickly as possible.” CEO Tim Cook added, “The demand for iPhone 5 is extremely robust. We are in a significant state of backlog.”