Investment bank JP Morgan says that demand for the iPhone 16 range is roughly the same as for the iPhone 15 in 2023, but shipping times for the Pro models are shrinking.
iPhone 16 [left], iPhone 16 Pro
With Apple not releasing details of how many iPhones it is making, nor breaking it down by model type, JP Morgan tracks shipping times. Its analysts have previously said that iPhone 16 Pro Max has been high, but all other models resemble the shipping times for the iPhone 15 range.
In a note to investors seen by AppleInsider, JP Morgan says that shipping lead times have moderately improved for all iPhone 16 models. However, the “decline is particularly notable across the Pro models.”
