Apple did announce earlier that the company shipped 9 million units of iPhones recently, although they did not specify the breakdown of all the handsets in particular. Well, analyst Gene Munster of Piper Jaffray might have something interesting up his sleeves – he figured out that most of the iPhone 5s stock around in the US has already sold out. Just how did he come across this particular conclusion? Well, he contacted 60 Apple stores and claimed that the iPhone 5s availability has already plummeted to a mere 6%, down from 27% just two weeks back. All this demand for the higher end iPhone has pushed the resale value higher than expected, where the 16GB model of the iPhone 5s will sell for 32% or so more compared to picking one up at a nearby store.
In stark contrast would be the relatively underwhelming demand for the iPhone 5c, which seems to be in stock just about anywhere and everywhere. Heck, you can just walk into any store and pick up the iPhone 5c without having to wait, not to mention that the resale value of that handset happens to be 11% lower compared to its retail value. Do you think that Apple would eventually just drop the iPhone 5c, or write down its inventory just like how Microsoft did with their Surface RT tablets?
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