Despite work that Apple is cutting iPhone production by up to six million units, lead times for the iPhone 14 Pro series is indicating something else.
It seems to happen every year. Statistics indicate a slight drop in sales of the new iPhone series alarming analysts who downgrade the stock. The news gets around and stories are written about the drop off in sales for the new handsets and tipsters write about
ordering a drop in iPhone production. Another look at the data ensues and this time the numbers show that Apple is back on track with iPhone sales exactly where they were forecast to be.Well, 2022 is no exception. Just the other day we passed along word from Bloomberg that . That led Bank of America to lower its rating on Apple's stock as an investment. But another brokerage house has looked at other data and has come to a different conclusion.Investment firm Evercore, according to, has seen a lengthening of the lead times for the iPhone 14 Pro models. The lead time is how long it takes you to receive your iPhone from the day it is ordered. Longer lead times usually indicate strong demand for a product.
Darvanani says that lead times for the iPhone 14 Pro Max are in the"low 30s day zone" which means that you'll have to wait over a month to get the phone delivered. Earlier this month, the iPhone 14 Pro Max had a lead time of 36.5 days, the highest for an Apple product in six years. The lead time for the iPhone 14 Pro is in the"low to high 20s day range."
In the U.S., the iPhone 14 Pro Max has a lead time of 32 days while the iPhone 14 Pro weighs in with a 25-day lead time.The iPhone 14 Pro is available to order at AT&T with saving of up to $1,000 when signing a new contract and a trade-in of an eligible device.
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