TechInsights: iPhone 16 Pro model delivery time shortened.

Apple Inc. (AAPL.US) iPhone 16 series officially went on sale last Friday (September 20th). TechInsights reported that in Apple Inc.'s main markets, buyers of iPhone 16 Pro and Pro Max can receive their phones faster than before (via delivery rather than in-store pickup). In the United States, China, and the United Kingdom, the shipping time for the black 256GB version of iPhone 16 Pro and Pro Max has been reduced by 1-2 weeks and 2-3 weeks respectively compared to iPhone 15 Pro and 15 Pro Max. TechInsights predicts that the iPhone 16 series will achieve a shipment volume of 72.5 million units in the second half of 2024, a year-on-year increase of 4%, while the shipment volume of the iPhone 15 series in the second half of 2023 was 69.5 million units. The table below summarizes the retail prices and shipping times of the iPhone 16 series (only the black 256GB version) in the five major markets of the United States, China, Japan, the United Kingdom, and India on September 20th. iPhone sales stagnant? It is now said that the shortened pre-sale shipping time of the iPhone 16 series indicates that it is still too early for mixed demand in 2024, as Apple Inc.'s most revolutionary software upgrade - Apple Intelligence was not released with the September models. Apple Intelligence will be launched in the United States next month with iOS 18.1, and then expanded to Australia, Canada, New Zealand, South Africa, and the United Kingdom in December. Versions for China, Japan, France, Germany, Spain, etc. will be launched in 2025. Therefore, consumers are not in a rush to make a purchase. More demand is expected later this year. In addition, in China, online platforms (such as PDD Holdings Inc. Sponsored ADR Class A) have started offering subsidies for the iPhone 16 series, and more price flexibility is expected to be seen during the Double Eleven shopping festival to help Apple Inc. compete with domestic brands. Furthermore, India's largest online shopping festival is also approaching (end of September to October), which is expected to help boost the sales of the iPhone 16 series as well as older iPhone models in the fourth quarter of 2024 in this second largest smartphone market globally.