New York A morgan stanley Lead times for Apple’s (AAPL, Financial) iPhone 16 Pro and Pro Max models have increased recently, highlighting strong demand ahead of the first phase of Apple Intelligence scheduled to launch on October 28, according to a report. It has become. On a year-over-year basis, wait times for Pro and Pro Max models jumped to 20.5 days and 27.5 days, respectively.
The first phase of Apple Intelligence, scheduled to be released with the iOS 18.1 update, will likely bring enhancements to Photos and Safari, a new Siri interface, and improved writing capabilities. Additionally, these changes will be rolled out to all users by December, with non-English upgrades scheduled by March 2025.
Morgan Stanley analysts led by Eric Woodring praise Apple’s effective supply chain management, which has resulted in shorter lead times than in the past. Additionally, early preparation of parts by suppliers should help prevent supply constraints that typically delay iPhone shipments.
Additionally, as it targets the low-end smartphone market, Apple’s iPhone SE4 could become widely available by March 2025 for around $499. Also available on October 23rd is a new iPad Mini customized for Apple Intelligence.
This article first appeared on GuruFocus.
