In the last week, on every night, one of the analysts at Piper Jaffray (the leading investment bank and asset management firm) called Gene Munster and his colleagues have tried to order a new iPhone 5 by logging in to Apple Web site. And so far they have not been able to order at least one iPhone 5 in that way.
Yesterday, Mr. Gene Munster stated that he doubt that Apple is even remotely close to the point of letting the customers to walk in and purchase iPhones. The online store of Apple now shows a three to four week shipping delay for any new iPhone 5 order.
The analysts at Piper Jaffray state that the scarcity of the new iPhone 5 could be the reason for near 10% tumble of Apple's shares. The shares, which were valued over $700 in the September, are now trading around $600-650 range.
Although it might be seen as a good thing for Apple to suffer problems regarding the supply of the units rather than problems with the demand, both these situations lead to delayed sales or loss of sales. Some Analysts assume that the holdup could be due to a shortage of the new displays used in Apple iPhone 5.