Apple's new iPhone demand slows down! Morgan Stanley: iPhone 16 delivery lead time begins to shorten

Morgan Stanley's report pointed out that the delivery cycle of Apple's iPhone 16 series is starting to shorten, but still remains consistent with the iPhone 15 series. Analyst Samik Chatterjee stated that the overall delivery cycle of iPhone 16 has shortened compared to last week, with a particularly significant decrease in the Pro models. Compared to the 6th week of 2023, the delivery cycle has been shortened by 3 days, with a significant reduction in the delivery period for the Pro version. Chatterjee has given Apple a "overweight" rating, expecting Apple to announce its fourth-quarter performance on October 31st, with an earnings per share of $1.55 and revenue of $942.6 billion