iPhone 11 Models Seeing Shortages in NYC
The supply of iPhone 11 models in New York City is dwindling, according to a report from the New York Post. The constrained supply is likely due to the ongoing effects of COVID-19.
Wireless retailers, in particular, are either out of stock or are facing low numbers of iPhone 11 and iPhone 11 Pro models. According to the report, many retail employees believe the cause of the shortage is due to "low stock and infrequent shipments, with little guidance as to when things might get back to normal."
According to an AT&T employee, iPhone inventory is low because carriers are storing the devices in warehouses instead of in retail stores. This could be an effort to control the supply chain in case of any major device shortages. The employee added, however, that customers could arrange a two-day delivery on devices requested in store.
The effects of COVID-19 are being felt across the globe. Amid coronavirus concerns this week, SXSW 2020 has been canceled and Apple has encouraged its employees in Silicon Valley to work from home.
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I was talking to some friends today about this and in some ways, the economic slow down from the virus is likely needed to happen to put things into perspective. (I don’t like it because it’s hurting my investments). But maybe this will mean things will lead to a society where everyone is not just thinking about themselves for a change and not trying to squeeze your pocket so hard.
This just goes to show how much of our supply chain is so heavily dependent on China.
Why should it?
People seem to forget that investing in China was what allowed Apple to grow to be so large in the first place, for the simple reason that no other country seems to have the capability to churn out 200+ million iPhones every year.
Once in a while, you get a hiccup like this, which should eventually blow over, but by and large, Apple can simply absorb the loss and still come out ahead overall.