J.P. Morgan noted that Apple's (NASDAQ:AAPL) iPhone 16 average lead times are now in line with iPhone 15, reaffirming improvement in demand. The firm has an Overweight rating on Apple's stock.

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On October 1, the third week of J.P. Morgan's Product Availability Tracker revealed a dip in delivery lead times for the iPhone 15 and iPhone 15 Pro lines. One week later on October 8, the tracker ...

In the fourth week of Chatterjee’s Apple Product Availability Tracker, the demand for the iPhone 16 series is recovering in momentum relative to the initial week’s post-launch, with delivery ...

Shares of Apple Inc. surged Monday, enough to put them into positive territory for the month, after J.P. Morgan made an upbeat call on iPhone availability, with improvement led by the base 16 models.

The news comes from JP Morgan’s Apple Product Availability Tracker, via Apple Insider. Waiting times for the iPhone 14 models align with their predecessors at this time of year.

UBS's most recent tracking report on Apple's (NASDAQ:AAPL) iPhone 15 sales shows demand continuing to weaken. Wait times for Apple (AAPL) iPhone 15 base and Plus models are basically nil, UBS said ...

As per the analyst’s China Tracker, delivery lead times dropped drastically for 16 Plus and moderately for 16 while remaining stable for Pro models. China accounts for ~20% of iPhone shipments.

Analyst Samik Chatterjee said that in the third week since ordering opened for Apple's new iPhone 16, J.P. Morgan's Apple Product Availability Tracker indicated that delivery lead times were ...