JP Morgan analysts are monitoring global sales forecasts for iPhone 14 models to determine the discrepancy between supply and demand. These analysts recently claimed that there is no longer a discernible difference between these two factors.
The production capacity of the iPhone 14 Pro has been decreased by China’s strict Covid control policy. Apple anticipates having a 15-20 million unit shortage before the holiday season. But now that the holiday season has passed, China has altered its position and allowed factories to reopen at regular hours.
Restored production capacity for the iPhone 14 Pro
Two iPhone 14 Pro models will begin shipping worldwide in less than a week, according to JP Morgan analysts, which is a definite indication that supply has finally caught up to demand for the first time since the product’s launch.
The average standby time for all four iPhone 14 models is only about 4 days. For instance, shipping typically takes 5 days or so in the United States. After ordering the iPhone 14 versions, the wait time is only about 3 days in China and Europe.
Although this is encouraging for Apple, the company still depends heavily on its facilities in Zhengzhou, also known as “iPhone City.” The iPhone Pro is currently only made in this location.
The base iPhone 14 is currently made in India by Apple’s partners, and Cupertino plans to increase that capacity (by 2025, 25% of all iPhones will be made in India).