JPMorgan: iPhone Duo delivery cycle reaches 94 days, Pro series demand remains resilient.
Source：
www.techflowpost.com
JPMorgan estimates that the extended delivery cycle for the Duo reflects robust demand, while supply bottlenecks are a short-term issue. Following price increases, delivery cycles for the Pro series have returned to last year’s levels, with demand remaining resilient. The firm maintains an Overweight rating on Apple, with a current stock price of $347.73. The Duo supply bottleneck and post-increase demand performance of the Pro series will affect Apple's short-term revenue pacing.
