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Benzinga
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Apple's iPhone 17 Lead Times Remain High: Gene Munster Says 'Data Reinforces The Optimism'

1. iPhone 17 demand is growing, positively impacting AAPL stock prospects. 2. Lead times for iPhone 17 are 13% longer than for iPhone 16 year-over-year. 3. AAPL's Q4 earnings report is due on October 30, likely showing modest iPhone sales. 4. Gene Munster projects 9% growth for Q4 iPhone sales, slightly below expectations. 5. Positive demand trends could uplift fiscal 2026 revenue forecasts for Apple.

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FAQ

Why Bullish?

Strong iPhone 17 demand and lead times positively correlate with AAPL’s future valuation. Previous instances of anticipated strong product launches often led to stock price increases.

How important is it?

The focus on iPhone demand and revenue growth is crucial for AAPL, indicating strong future performance.

Why Long Term?

Anticipated revenue growth over fiscal 2026 may strengthen AAPL's market position, leading to sustained investor confidence.

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