JPMorgan says week six of the firm’s Apple (AAPL) product availability tracker shows delivery lead times for Pro models started to moderate across all geographies, after being stable for about four weeks, while lead times for base models increased modestly. Additionally, while average lead times for the iPhone 16 series have been tracking below iPhone 15 until week five, in week six the lead times are back to tracking in line with iPhone 15, “providing more reassurance around recovery in demand momentum following the initial weeks post-launch,” the analyst tells investors in a research note.
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