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Lead times for Apple’s iPhone 13 lineup are starting to shrink, although JP Morgan notes they remain elevated in the fourth week of their availability.
In a note to investors seen by AppleInsider, JP Morgan lead analyst Samik Chatterjee says that lead times for Apple’s iPhone 13 and iPhone 13 Pro devices are still higher compared to the previous year’s iPhone 12 models. Lead times are the number of days it takes for an iPhone customer to get their order delivered.
Additionally, Chatterjee notes that in week three of the iPhone 12’s availability, lead times moderated slightly. That occurred a week later for the iPhone 13.
“Coming back to lead times for iPhone 13 series, we have seen a slight moderation in the lead times across all the models for the first time, with a greater reduction on the low-end models (2-3 days) and a lesser reduction on the high-end models (1 day),” Chatterjee writes.
JP Morgan analyzed iPhone lead times in the U.S., U.K., Germany, and China for its analysis.
Delivery estimates stood at 14 days for the iPhone 13 mini, 20 days for the iPhone 13, 35 days for the iPhone 13 Pro, and 35 days for the iPhone 13 Pro Max. That’s slightly lower across the board from week three of availability, with all models moderating by one day.
In the U.S., which accounts for about 35% of all iPhone shipments, lead times clocked in at 14, 20, 34, and 34 days for the iPhone 13 mini, iPhone 13, iPhone 13 Pro, and iPhone 13 Pro Max, respectively.
Chinese consumers saw lead times contracting more rapidly for the low-end models, with delivery timing for the iPhone 13 mini and iPhone 13 moderating to 14 and 19 days. Lead times for the iPhone 13 Pro and iPhone 13 Pro Max remained high at 40 days.
Lead times in the U.K. and Germany looked similar, with delivery estimates in both countries dropping by a single day.
Chatterjee points out that lead times for the iPhone 13 models are an imperfect indicator of demand because of ongoing supply constraints affecting the global supply chain, and the semiconductor and component industries in particular.
Chatterjee maintains his Apple price target of $180, based on a price-to-earnings multiple of 28x on JP Morgan’s 2023 earnings estimate of $6.55.
I’m in China and waiting for my pro max 1tb since september 20
iPhone 13 delivery estimates shorten slightly amid supply constraintsSales are tanking! It’s all over but the bankruptcy hearing.
Bought a 13 pro for miss entropy walk in to the Apple store on Sunday. 128GB I could have it in any colour as long as it was graphite. At higher capacities there was a greater range available.
wait time on other colours was into November.
entropys said:Bought a 13 pro for miss entropy walk in to the Apple store on Sunday. 128GB I could have it in any colour as long as it was graphite. At higher capacities there was a greater range available.wait time on other colours was into November.
I’m surprised. I made a reservation at an Apple Store on 9/27 thinking that would get me a phone and while I got into the store right away (long line outside), they had absolutely no iPhone 13 phones of any color, model or memory configuration available for immediate sale (in Queens, NY). I came home, ordered online from Apple and have a delivery date of 10/26 to 11/3. The accessories showed up in two days.
I’m surprised. I made a reservation at an Apple Store on 9/27 thinking that would get me a phone and while I got into the store right away (long line outside), they had absolutely no iPhone 13 phones of any color, model or memory configuration available for immediate sale (in Queens, NY). I came home, ordered online from Apple and have a delivery date of 10/26 to 11/3. The accessories showed up in two days.
Barely covering the top and bottom of your iPhone, the Arc Pulse is as minimalist as they come while still offering protection.
The iPhone Photography Awards is now officially accepting entries for the 15th annual edition of the content, with a submission deadline in March 2022.
Piper Sandler has raised its Apple price target by $25 to $200, on the strength of its portfolio of hardware and services heading into 2022.
Apple directly compared the graphical capabilities of the 16-inch MacBook Pro against the MSI GE76 Raider gaming notebook at its launch. Here's how it fares against the rest of the notebook's specifications.
Apple used the Razer Blade 15 Advanced as a point of comparison for the performance of the M1 Max chip. Here's how the rest of the notebook compares against the 16-inch MacBook Pro.
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Apple's new 16-inch MacBook Pro with the M1 Max processor is undeniably a powerhouse. Here's how it compares to Apple's Intel-based Mac Pro tower, and why folks that rely on that machine may need to consider the laptop as a viable upgrade.
Developers can now submit claims to get part of $100M App Store settlement
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Arc Pulse case review: The best case for those who prefer naked iPhones
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15th Annual iPhone Photography Awards now accepting entries
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Barely covering the top and bottom of your iPhone, the Arc Pulse is as minimalist as they come while still offering protection.
The iPhone Photography Awards is now officially accepting entries for the 15th annual edition of the content, with a submission deadline in March 2022.
Piper Sandler has raised its Apple price target by $25 to $200, on the strength of its portfolio of hardware and services heading into 2022.
With CES 2022 behind us, we go hands-on with our favorite accessories for Apple users we tested at the show, including docks, smart home devices, Find My accessories, and more.
CES 2022 was our first look at some of the new Matter and Thread HomeKit products, and we spent most of our time at the show on them. Here's what to look forward to.
With CES 2022 in the review mirror, we walk you through the best MagSafe-compatible accessories that we tested at the annual tech show.
CES Unveiled was a bit sparsely attended this year as Covid reared its head, but we still found a few new smart home products that we found interesting on the show floor.
Whether it's simply because you want to turn the volume up a bit, or it's because there's a sound level fault on your AirPods, or AirPods Pro, here's how to make them as loud as you need.
Barely covering the top and bottom of your iPhone, the Arc Pulse is as minimalist as they come while still offering protection.
This HomeKit Secure Video doorbell is the epitome of an Apple smart home device. Let's take a close look at the just-announced Belkin Wemo Smart Video Doorbell.
The Naim Mu-So 2 was already an exceptional AirPlay 2-enabled speaker, but the wood and Bentley editions up the bar even further with luxurious finishes.
The RiotPWR ESL gaming controller is a great way to play iPhone games, but the bulk and color scheme leaves a lot to be desired.
Let that natural light into your home with the HomeKit-connected Thread-enabled OmniaBlinds.
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