1. iPhone 17 lead times are extending, indicating strong demand. 2. JPMorgan analyst maintains Overweight rating, predicting revenue growth. 3. Global average lead times for iPhone 17 models increased significantly. 4. U.S. lead times also reflect upward trends for iPhone models. 5. All iPhone models remain available for in-store pickup across major markets.
FAQ
Why Bullish?
Lengthening lead times typically reflect higher demand, which supports revenue forecasts. Historical instances show similar patterns led to stock price increases.
How important is it?
The article provides significant insights into demand trends and revenue predictions that directly affect AAPL's valuation.
Why Long Term?
Sustained demand increases can lead to revenue growth over multiple quarters, impacting long-term performance and investor sentiment.