While not many media reports suggest huge demand for the iPhone SE, Apple's (AAPL) available supply is being surpassed by demand. According to their website, the Silver 16GB model through Verizon (VZ) isn't available until possibly May unless one pays for expedited shipping. At this point, the volumes and price point on the iPhone SE make it difficult to extrapolate anything material regarding the stock. Demand being higher than Apple expected is generally a good sign, but more details are needed regarding volumes suggest anything that alters the investment thesis on the cheap stock. Disclosure: Long AAPL