Apple iPhone Pro sales at maximum, how long?
2022.11.18 15:54
Apple iPhone Pro sales at maximum, how long?
Budrigannews.com – Evercore ISI analysts said demand for Apple’s (NASDAQ:) iPhone Pro has remained strong, “in stark contrast to concerns about a slowdown.””
However, analysts, who have stock results and target190 price targets, told investors in a research note that the Pro model’s lead time is now coming in 31-45 days (32-36 days vs 11/17) in every region they track.
“Our assessment is that a short extension of lead time is unlikely for consumers to exit the AAPL ecosystem and we expect demand to be postponed rather than lost. Assuming the factory is running at 7-14 days 〜 50% capacity 〜 this could push -$3B of iPhone revenue from Dec-qtr to MAR〜qtr,” they wrote.
They acknowledged that there is still a risk that it will take longer than expected to improve, but that the Iphone is likely to see a mix shift to the Pro model and a stronger-than-expected aggregate demand.
“All delivery times referenced are for delivery of “sim-free” phones from Apple’s website. Also, while the shipping times referenced here represent free shipping options, in the United States, if customers choose to pay additional shipping rates, the lead times for some iphone14plus and iPhone14 models in all the regions we track will be significantly lower in 1-5 days,” the analyst added. I added it.
They also commented that the demand in the low-end segment of the iPhone market is relatively weak compared to the Pro model.
