UBS Evidence Lab data show iPhone wait times are flat to down week-over-week across most markets, indicating stable supply and demand, the firm’s analyst tells investors in a research note. The Base and Pro Max models average 12 and 8 days of wait time, respectively, while Pro and Air models have little to no delay amid weaker Air sales, UBS says. U.S. Base model wait times rose to about 15 days, suggesting stronger consumer interest and some supply constraints, though overall wait times are expected to decline without new promotions or stimulus. UBS has a Neutral rating and $280 price target on the shares.
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