Apple Inc. (NASDAQ:AAPL) is one of the AI stock investors are watching. On December 23, JPMorgan reiterated that the stock was “overweight” and had a price target of $305. According to the company’s surveys, delivery times for Apple’s iPhone 17 have moderated by a few days this week compared to last week.
“In week 15 of our Apple Product Availability Tracker, delivery times across the entire iPhone 17 series moderated by three days, compared to the flat delivery times seen from week 14 to week 15 in the prior year for the iPhone 16, with average delivery times now ~3 days, which is in line with the prior year.”
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The firm noted that this moderation implies that supply and demand are reaching a balance, and that this may reduce concerns about supply constraints heading into F2Q26.
“In most product cycles, the company has reached supply-demand parity towards the end of the year, and the same appears to be the case with the iPhone 17 series cycle, where higher year-over-year demand drove long delivery times for most of the post-launch quarter. While supply-demand parity means there will be limited supply constraints to worry about in Q2 2026, strong iPhone 17 series sell-through will likely continue to drive higher iPhone units and revenue over the remainder of the product cycle.”
Apple is a technology company known for its services, software, and consumer electronics.
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