Trending News

Apple iPhone 5s: Device Now in Full Stock Following Sellout and Delays

Dec 09, 2013 01:00 PM EST | By Justin Stock

After 90 days from its unveiling, Apple's iPhone 5S has become readily available following a sellout, and delays with more smartphones hitting stores Information Week reported Monday.

"We believe Apple has caught up to demand, which we had expected ahead of the core holiday period," Piper Jaffray said in a memo to those involved Information Week reported. "In reflecting on the supply for the 5S product launch overall, we believe that net-net Apple has done a better job in supplying stores with phones proportional to demand."

The news is the latest development since 24 - percent of the iPhone 5S were in stores last month. This is up from eight percent in October.

Apple released the iPhone 5S, and iPhone 5C at the same time, but ended up scaling back production on the 5C version for fear that it would hurt sales of the more upscale iPhone 5S.

The iPhone 5C is $100 less expensive than the premium 5S with an initial price at $649 for the 16 gigabyte model.

Apple predicts it will sell 33 million to 36 million new iPhones during the fourth fiscal quarter also known as the holiday quarter in a projection that could top 50 million.

The company has also unveiled a new selection of iPads. These include the iPad Air, and iPad Mini.

The iPad Mini, which starts at $389 has of 9.7-inch product features a high definition screen, and a slender, and less heavy design product at 20 percent less material than its older models at a weight of one pound. It is available for $499 and up according to Bloomberg.

The $499 iPad Air, which Apple introduced last month also has an A7 processing chip. This gives the device a faster speed, and an M7, just like the ones the company's iPhone 5s smartphones have.

© 2024 Franchise Herald. All rights reserved.

Trending News

Real Time Analytics