The investment bank’s report shows that Apple’s iPhone 14 Pro series of smartphones, which was in tight supply in the fourth quarter of last year, has now also reached a supply-demand balance as foundry capacity has recovered and demand has changed seasonally. The investment bank based its conclusion that the iPhone 14 Pro series has reached supply-demand equilibrium on the basis of estimated shipping times for online purchases on Apple’s official website and the status of retail store pickups.
The investment bank’s report shows that shipping times for iPhone 14 Pro Series online purchases have dropped to less than a week in the vast majority of markets worldwide, and have dropped to 5 days and under in major markets.
Specifically for major markets, in the U.S. market, the average shipping time for the four iPhone 14 models is four days, with all models available for pickup at retail stores and shipping times of about five days.
In the domestic market, the investment bank reports better conditions, with a 3-day shipping window and plenty of inventory available for retail store pickup. In the European market, the shipping time was reduced to about 3 days and most models were also available for in-store pickup.
For the iPhone 14 Pro series to reach a balance between supply and demand, the investment bank also clearly stated in the report that it was due to lower demand and improved supply. Demand starts to decline after the holiday shopping season, and while it will pick up briefly around the Lunar New Year, this gives Apple time to further balance supply and demand.
