Apple Inc. (AAPL) iPhone 5 Dominates Smartphone Demand Charts

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Apple Inc. (AAPL) iPhone 5 Dominates Smartphone Demand Charts
JESHOOTS / Pixabay

Apple Inc. (AAPL) iPhone 5 Dominates Smartphone Demand Charts

Apple Inc. (NASDAQ:AAPL)’s new smartphone device, the iPhone 5 is still facing supply constraints as demand continues to rise. According to a report by Piper Jaffray, the company now boasts 55 percent of the total demand for smartphone devices, amid a bottleneck in the supply chain.

The iDevices maker has been facing the hurdle since logging record preorders on September 14, subsequently postponing some of the scheduled deliveries and extending shipping dates by up to 4 weeks. Nonetheless, the demand for Apple Inc. (NASDAQ:AAPL)’s new device remains high; not even the few negative reviews with regard to its Maps app and the camera against direct light output could deter the rising demand.

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