iPhone 16 is Apple’s least popular smartphone in 5 years, says investment bank
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iphone 16 It has the shortest lead time of any iPhone released in the last five years, indicating that demand for Apple’s AI-powered phone is sluggish.
Financial services company Morgan Stanley surveyed lead times and found that enthusiasm for Apple’s latest device is much lower than for its predecessors. The company believes demand for the new phone is lower than previously thought, according to a message to investors. AppleInsider,
Here’s how lead time works iphone 16 Family comparison iphone 15,
- iphone 16 pro max: 25.5 days (vs. 43.5 days in 2023)
- iPhone 16 Pro: 18.5 days (vs. 32.5 days in 2023)
- iphone 16: 9 days (versus 14 days in 2023)
- iphone 16 Plus: 7.9 days (versus 13.9 in 2023)
When we aggregate all of our iPhone lead time data, the average iPhone 16 lead time from pre-order to today is 14 days, which is the shortest of all cycles over the last 5 years and roughly in line with the iPhone 12 cycle.
Morgan Stanley, September 2024
The average lead time for iphone 16 The wait time for the series is 14 days, the lowest in five years. Morgan Stanley sees a 50 percent chance that Apple will reduce supply orders, but warns that delivery times are not the most predictive measure of a product’s performance in its early days.
Lead times for different iPhone models. | Image credit – Morgan Stanley
Lead time is the period of time between receiving an order and delivering the product to the customer. A short lead time doesn’t necessarily mean the product isn’t selling well. In this case, it’s possible that Apple accurately anticipated initial demand and has enough iPhones in stock to ensure faster deliveries than previous launches, some of which were interrupted by the pandemic.
Morgan Stanley has also provided more details about the latest launch, claiming that early buyers are upgrading because their older phones were due for an upgrade or they want better cameras and better battery life. It seems like AI isn’t a huge factor in purchase decisions right now, but that could be because Apple Intelligence is currently available in beta.
many symbols, Poor pre-orders to demand Initial employee discountsuggesting that iphone 16 struggling. While there have been Some promising reports Furthermore, observations from Morgan Stanley have further bolstered the views of those who claim that phones have not had a good start.
Historically, lead time has proven to be a reliable tool for assessing demand, and a short lead time often points to a disappointing launch.
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