Is iPhone Demand Really Slowing Down? Apple Analyst Says This Data Point Proves Otherwise

Demand for Apple Inc.a??s (NASDAQ:AAPL) high-end iPhone 14 is remaining robust, according to Loup Fundsa?? Gene Munster.

What Happened: His comments come amid concerns stirred by a Bloomberg report that said Apple may be dropping plans to increase iPhone 14 production due to demand not picking up in line with expectations.

Munster noted that lead times for the iPhone 14 Pro were running at four weeks in eight countries, the same as the numbers seen in the previous week.

a??Thata??s a positive sign for demand, given I would have expected the lead times to have declined over the past week,a?? the venture capitalist said.

See Also: Apple Says 'Excited To Be Manufacturing iPhone 14' In India As It Diversifies Production Away From China