By Aniruddha Ghosh and Nivedita Balu
(Reuters) - Apple Inc (NASDAQ:)'s clients must anticipate just a few extra weeks to put their palms on the brand new iPhone 13 as provide chain delays and powerful demand result in one of many longest ready instances for the telephone in recent times, analysts stated.
The supply time for Apple's iPhones after a brand new launch is watched by analysts as one of many measures to gauge demand for the flagship telephone's latest mannequin. But this 12 months, it is usually shining a light-weight on provide chain points plaguing know-how corporations forward of the vacation purchasing season.
Analysts at J.P.Morgan and Credit Suisse (SIX:) stated clients the world over who had pre-ordered the brand new fashions on-line must wait greater than 4 weeks for the iPhone 13 Pro and Pro Max and about 2 weeks for the bottom iPhone 13.
In the United States, which accounts for over a 3rd of iPhone shipments, the supply time for the iPhone 13 sequence was 19 to 34 days within the second week, in contrast with 7 to twenty days within the first week, each larger than the lead instances for the iPhone 12 Series.
Apple was not instantly obtainable to touch upon the delays in supply instances.
"While admittedly part of the expansion in the lead times is on account of the supply chain constraints, we still find the material increase in the lead time in Week 2 relative to Week 1 as an indicator of the robust demand for upgrades, likely exceeding low investor expectations into the launch," J.P.Morgan analyst Samik Chatterjee stated.
Apple's companions Verizon (NYSE:), Vodafone (NASDAQ:) UK and Best Buy cited excessive demand and product provide points in replies to clients on Twitter (NYSE:). Many customers on social media additionally flagged the delays.
"With a delay on the delivery for iPhone 13 pro max I might as well cancel! They talking (about until) October 30th," one consumer stated on Twitter https://twitter.com/Chico_DeBarge_/status/1440044634244206593.
On Sunday, a number of Apple and Tesla (NASDAQ:) Inc suppliers suspended manufacturing at some Chinese factories for quite a lot of days to adjust to tighter power consumption insurance policies, placing provide chains in danger within the peak season for electronics items.
The iPhone 13, priced between $699 and $1,599, comes with a sharper digital camera, a brand new bionic chip and improved connectivity. It has been obtainable for pre-booking since Sept. 17.
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