iPhone 17 lead times stay elevated as strong demand outpaces supply: JPMorgan

Apple’s (NASDAQ:AAPL) iPhone 17 range continues to experience unusually long wait times, with JPMorgan noting that consumer demand is still running ahead of available supply as the latest product cycle unfolds.

In its Week 10 Apple Product Availability Tracker, analyst Samik Chatterjee reported that delivery estimates across the lineup “remained unchanged, modestly better than a decline of one day observed from Wk9 to Wk10 in the prior year.”

JPMorgan said average global wait times for the iPhone 17 family are currently “tracking to ~7 days, relative to ~2 days in Wk10 of the prior year,” underscoring that “supply is yet to catch up relative to the very robust demand for the iPhone 17 cycle.”

The Base iPhone continues to lead the lineup with the longest delays for a second consecutive week.

The bank also highlighted that week-over-week trends have been far steadier than what was observed a year ago. Chatterjee wrote that wait times “remained unchanged (relative to Wk9) (vs. a decrease of 1 day for prior year).”

According to the tracker, the Base iPhone 17 held firm, whereas the Base iPhone 16 saw a one-day drop at this stage last year.

JPMorgan added that delivery windows for the iPhone Air expanded by one day—contrasting with a one-day shortening for the 16 Plus in the same week of the previous cycle.

Lead times for the iPhone 17 Pro and iPhone 17 Pro Max were also stable, diverging from the one-day contraction recorded for the 16 Pro and 16 Pro Max in Week 10 of last year.

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