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Apple iPhone 13 series supply fulfills demand: Report

According to the latest report, JPMorgan Chase said that the estimated delivery time of the Apple iPhone 13 series shows that the product is increasingly reaching a balance between supply and demand.

In a note to investors, Samik Chatterjee, chief analyst at JPMorgan Chase, analyzed the delivery time of the iPhone 13 and iPhone 13 Pro in the 15th week of listing.

In all regions, the delivery time of iPhone 13 mini, iPhone 13, iPhone 13 Pro, and iPhone 13 Pro Max has stabilized at an average of 3 days, 3 days, 5 days, and 3 days respectively. This is basically the same as the 2 days, 2 days, 5 days, and 5 days of the previous week.

In the US, which accounts for 35% of iPhone shipments, the lead time for iPhone 13 Pro and iPhone 13 Pro Max has eased to 1 to 2 days. The lead time for iPhone 13 mini and iPhone 13 dropped to 0 days.

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In the key region that accounts for approximately 15% of iPhone shipments-China, the 15th week delivery times for iPhone 13 mini, iPhone 13, iPhone 13 Pro, and iPhone 13 Pro Max are 0 days, 0 days, 5 days, and 1 sky. Consumers in the UK and Germany see that the delivery time for all models is reduced to 6 days, and in these two countries and regions, 1-day in-store pickup service is required.

Moreover, the delivery time of the iPhone 13 Pro and iPhone 13 Pro Max is still longer compared with mid-range models, which bodes well for Apple’s average selling price (ASP) because it shows that customers are the high-end Pro model tilts.

According to Chatterjee, the balance of supply and demand and a good combination of high-end devices showed encouraging signs for the December Apple quarter. He added that Apple may reach its optimal inventory level, which may yield benefits in the March 2022 quarter.

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