According to Morgan Stanley, lead times for the iPhone 16 Pro and Pro Max have increased recently.Lead times for other iPhone 16 models are lower compared to the iPhone 15 one month after launch.Demand for the iPhone 16 Pro and Pro Max is strengthening as lead times have increased to 20.5 and 27.5 days respectively.The first phase of Apple Intelligence is expected to arrive on October 28th with the release of iOS 18.1 update.