JP Morgan analysts track shipment forecasts for iPhone 14 models around the world to gauge the disparity between supply and demand. above has been resolved.
China’s struggle to contain the new COVID outbreak has cut iPhone 14 Pro production capacity, leaving Apple facing an estimated shortfall of 15 million to 20 million units before the holidays. But now that the holidays are over, China has changed its policy and factories can now resume at normal capacity.
Lead times for four iPhone 14 models (Source: JP Morgan)
Worldwide delivery for the two iPhone 14 Pro models is now less than a week away, which analysts at JP Morgan see as a clear sign that supply has caught up with demand for the first time since launch.
All four iPhone 14 models have low latency, averaging about four days. For example, in the US, shipping takes about 5 days. In China and Europe, the waiting time is even shorter, around 3 days. Most SKUs are also available for in-store pickup.
While this is good news for Apple, the company still relies heavily on its Zhengzhou facility. The so-called “iPhone City” is currently the only place on earth that manufactures his iPhone Pro.
Apple’s partners are already producing the regular iPhone 14 in India, and Cupertino plans to expand its production capacity (Indian iPhones currently account for only 5% of the total, but by 2025 (We plan to reach 25% by then.)
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