AAPL news: JP Morgan says long iPhone 17 wait times show demand still outpacing supply

Forex Short News

JPMorgan says global wait times for Apple’s iPhone 17 lineup remain significantly longer than normal, signalling that demand continues to outpace supply well into the product cycle. In its latest weekly tracker, the bank notes that average lead times in Week 10 are around seven days, compared with just two days at the same stage last year.

  • The base iPhone 17 remains the most supply-constrained model for the second consecutive week.
  • The mid-range iPhone Air recorded a slight uptick in wait times,
  • while the premium Pro and Pro Max models held steady.

That contrasts with last year’s cycle, when Pro-tier wait times were already shortening by this point, suggesting firmer underlying demand for Apple’s higher-end devices this year.

This article was written by Eamonn Sheridan at investinglive.com.