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Based on tracking data from UBS Evidence Lab, a unit under UBS, the delivery times for Apple's iPhone 17 series have either held steady or decreased on a week-by-week basis, pointing to a more stable supply chain. In the U.S. market, the wait time for the iPhone 17 Pro has shortened, highlighting enhanced supply availability. The iPhone 17 Pro Max and Pro models both boast shorter wait times than their previous iterations. However, the wait time for the standard model remains comparatively long, hinting at robust demand for entry-level offerings. UBS has reiterated its 'Neutral' stance on Apple, setting a target price of $220. The firm notes that the stabilization of wait times not only reflects normalized supply conditions but also indicates a relatively subdued initial demand for the latest devices.
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