BofA reports that the firm’s tracking of iPhone ship dates indicates that a ship time in days for the iPhone 17 of 18 days is more extended vs last year’s iPhone 16 at 10 days as of September 22. Lead times for the iPhone 17 Pro and Pro Max models are roughly similar compared to last year at this point in the pre-order cycle, adds the analyst, who reiterates a Buy rating and $270 price target on Apple (AAPL) shares.
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