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In a note to clients — as reported by “AppleInsider” (www.appleinsider.com) — Sterne Agee analyst Shaw Wu says improved production of the iPhone 5 means increased profitability for Apple.
The analyst says that, after checking with members of Apple’s overseas supply chain, he believes iPhone 5 yields are still improving. The progress comes as estimated shipping times from Apple’s online store have improved to between two and four days, while the handset is set to launch in more than 50 countries this month.
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