Apple needs to massively boost iPhone 14 Pro production to get enough for Christmas

Wedbush analyst Daniel Ives sees “minimum stock in Apple stores or on the website by mid-November” unless the company dramatically ramps up production of the iPhone 14 Pro and iPhone 14 Pro Max over the next three to four weeks to start meeting what can That would be in great demand during the holidays.”

Apple’s iPhone 14 series (from left to right: iPhone 14 Pro Max, iPhone 14 Pro, iPhone 14 Plus, and iPhone 14)

Angela Palumbo for Barron’s:

“The iPhone 14 Pro is more popular than the iPhone 13 Pro, relative to customer choice,” Wedbush analyst Dan Ives told Barron’s on Tuesday. “We’ve seen a lot more customers with the iPhone 13 move to the base model, versus what we’re seeing today leaning very strongly toward 14.” He valued Apple stock at Outperform with a $220 target price.
This was a happy surprise for the company. Given the current macroeconomic background, “there was an idea that [Apple] She was going to have a demand problem, not a display problem. Currently, [Apple] “It has the opposite of what many think they will get,” the analyst said.

“At this pace, there will be minimum stock in Apple stores or on the website by mid-November,” Ives said. “So Apple has to significantly increase the supply of professionals over the next three to four weeks to start meeting what could be a huge demand during the holidays.”

The popularity of high-end phones is astonishing at a time when many people are experiencing record-high inflation…

Take MacDailyNews: It’s no surprise to those who understand the demographics of who buys Apple iPhones, not to mention Macs, Apple Watch, and iPads.

This is the bad Android hawkers who will be hit the hardest by rampant inflation and stagnation, not Apple.MacDailyNews, September 15, 2022

Real iPhones vs. Poor Man’s iPhones. Same as it ever was.MacDailyNews, April 22, 2022

“Based on our estimates, 240 million of the 1 billion iPhone users worldwide have not upgraded in over 38 months. So there is a lot of pent-up demand just in terms of overall upgrade,” he said… “The technology continues to be under tremendous pressure due to Fed rates and risk, but I think this is set up for Apple to hold out better than other tech names and the broader market if this demand story continues, which we believe will.”

Take MacDailyNews: Analyst Ming-Chi Kuo reported on Tuesday that Apple ramps up production of iPhone 14 Pro models due to strong demandAs predicted as usual:

The Apple iPhone combination will easily be the most powerful ever. Don’t be surprised by reports that Apple has “cut off orders for the iPhone 14”, that is, the iPhone 14 and iPhone 14 Plus. The company is likely to increase orders for the iPhone 14 Pro and iPhone 14 Pro Max to reflect the strong mix that bodes well, of course for Apple’s iPhone average selling price (ASP).MacDailyNews, September 14, 2022

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