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JPMorgan says iPhone Pro demand lifts preorder wait to 23 days

JPMorgan’s Sunday research note says average wait times for the iPhone 18 Pro reached 23 days in the second preorder period, attributing it to firmer Pro-model demand, with Apple seeing longer delivery times for its latest premium iPhones.

AAPL

Apple NASDAQ:AAPL is seeing longer delivery times for its latest premium iPhones, with JPMorgan saying demand for the Pro models appears firmer in the early preorder period, according to a Sunday research note. JPMorgan said average wait times for the iPhone 18 Pro reached 23 days in the second preorder period.