Bank of America Flags Mixed iPhone 18 Demand Signal
Source: GuruFocus.com ·
Premium demand looks steady, but China complicates the picture
From the source
This article first appeared on GuruFocus . Apple ( NASDAQ:AAPL ) is seeing slightly shorter global delivery times for its premium iPhone 18 models than it did at the same stage of last year's launch, according to Bank of America, offering an early but mixed read on demand. The data suggest iPhone 18 Pro demand remains broadly comparable with the iPhone 17 cycle, while unusually short waits in China and sizable price increases across several markets deserve closer attention from investors. Warning! GuruFocus has detected 4 Warning Sign with PATH. Is AAPL fairly valued? Test your thesis with our free DCF calculator. "Our tracking of iPhone ship dates on Apple's own website, and various carrier websites, indicates that as of Sep 21st (10 days after preorders started on Fri Sep 12th), ship time (in days) for the iPhone 18 Pro and Pro Max models are roughly similar to last year at this point in the preorder cycle," BofA analyst Wamsi Mohan said. Globally, the iPhone 18 Pro currently…