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In a note to clients -- as reported by "The Mac Observer" (www.macobserver.com) -- Sterne Agree analyst Shaw Wu says that the demand for the iPhone 5 remains high and that production is improving.
"Despite well-publicized concerns with its new Maps app, we have not picked up changes in supply chain build plans," he said. "Demand appears robust with its online store quoting a lead time of 3-4 weeks. In addition, we are seeing improving yields on in-cell touchscreens meaning it is becoming less of a constraint."