Apple still can't keep up with iPhone 12 Pro demand"iPhone 12 Pro lead times remain extended far beyond any model launched in the past 4 years"
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Morgan Stanley's Katy Huberty says that Apple is struggling to keep up with iPhone 12 Pro demand.
Supply chain sources indicate Apple reallocated 2 million iPhone 12 mini units in favor of 2 million iPhone 12 Pro units.
A new report from Morgan Stanley analyst Katy Huberty says Apple is still struggling to keep up with demand for the iPhone 12 Pro. In a note relayed by Philip Elmer-DeWitt Huberty writes:
We continue to believe that the iPhone will outperform expectations in the December quarter, as the mix shift to higher-end iPhone 12 models is a tailwind to ASPs and revenue growth. iPhone 12 Pro lead times remain extended far beyond any model launched in the past 4 years at 10 days. Lead times decreased from 22 days ~2 weeks ago as Apple ramps iPhone 12 production signaled by our iPhone supply chain team, led by Sharon Shih, recently raising March quarter iPh...
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Apple still can't keep up with iPhone 12 Pro demand
