U.S. Carriers facing iPhone shortage problems due to Manufacturing Slowdowns due to Coronavirus
Most U.S. Carriers are facing iPhone supply problems due to slowdowns with major manufacturers in China and other countries that are affected by the Coronavirus.
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According to Patrick Seitz for Investor’s Business Daily:
“Our latest carrier survey indicated that iPhone shipments to carrier stores have been materially disrupted by the coronavirus outbreak in China,” KeyBanc Capital Markets analyst John Vinh said in a note to clients. iPhone sell-through was adversely impacted by supply issues, particularly on the Pro/Max models and by lower foot traffic in outbreak areas, such as Seattle, San Francisco and the U.K. Overall, shipments to stores were either halted for a while or became less frequent and came in smaller quantity,” Vinh said. “In light of the shortage, many stores have recommended customers order online, but certain Pro/Max (models) have seen order lead time extended to late March, while others remained normal at about two days.”
Major and smaller cell phone companies are actually back ordering the devices for new customers until such time when those manufacturers in China can gear back up to full speed.
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