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Apple shares slip as some analysts interpret shorter iPhone 16 shipping times as demand issue

  • Shares of Apple fell nearly 3% as some analysts interpret shorter shipping times for the new iPhone 16 Pro models as weaker-than-expected demand.
  • Early pre-order data shows that shipping times for iPhone 16 Pro models are shorter compared to last year's iPhone 15 Pro models.
  • Improving supply of the Pro models may have contributed to the shorter shipping times, following supply issues with the iPhone 15 Pro Max last year.
  • Some analysts caution that shipping times alone may not accurately measure demand without considering Apple's supply levels and allocation.

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