Wall Street fears lower-than-anticipated iPhone demand as shipping times shrink

Published On Sep 26, 2024, 4:23 PM

Wall Street is expressing concerns about Apple Inc.'s (AAPL) iPhone 16 sales after noticing that initial shipping times for the new models are shorter than in past years. This has raised fears that demand for the iPhone 16 may be lower than for previous models. Analysts suggest that typically, high demand results in longer wait times, but the current situation indicates ample supply. Some speculate that this may be due to Apple better managing production or that potential customers are waiting for the introduction of new features tied to Apple's upcoming 'Apple Intelligence', which is expected to launch later this year. Analyst observations emphasize the important signaling role of holiday sales in gauging consumer demand more accurately than initial weeks of availability.