FORTUNE -- The received wisdom on Wall Street is that Apple (AAPL) went overboard on the iPhone 5C -- in both price and production -- and that millions of unsold units are sitting in the warehouses of Verizon, AT&T, Sprint and the rest.
BTIG's Walter Piecyk set out to test that theory by calling a few stores. None of them, he says, responded with the usual "We have plenty! C'mon in anytime!"
"There are no real conclusions that you can draw from these calls," Piecyk wrote in a note to clients Friday, "but we felt compelled to get some color given a street view that seems to think that there is a glut of iPhone 5C inventory."
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