There is a divergent picture of demand developing for Apple 's newest lineup of iPhones, according to Bank of America.
But that appetite does not appear to exist down the lineup, where the iPhone 14 and iPhone 14 Plus have shrunken wait times compared with prior years.
This could be driving customers to shift into the iPhone 14 Pro/Pro Max models which bodes well for mix and ASP, in our opinion.
However, this might also suggest weaker demand overall for iPhone 14, which could be concerning," Mohan wrote.
That change and component shortages could be impacting the year-to-year comparisons of shipping times, Mohan cautioned.