Apple iPhone 7/Plus orders still exceed supply

“iPhone 7 supply remains severely constrained just a couple of days before the start of Q1,” Daniel Sparks writes for The Motley Fool. “It only takes a few minutes of viewing different iPhone 7 models on Apple’s website to realize just how backed up the company is. A fully stocked iPhone delivers the following day after an order. But shipping estimates for varying iPhone 7 models range from two weeks to over a month. An AT&T iPhone 7 with 32GB of storage, for instance, ships in two to three weeks. And, on the other end of the spectrum, a jet-black iPhone 7 Plus with 256GB of storage ships in November.”

“It’s not clear whether higher-than-expected demand, severe supply challenges, or a combination of both are the reason for the iPhone 7’s constrained availability,” Sparks writes. “Reports from Sprint and T-Mobile stating that iPhone 7 preorders were five times higher than the 6s launch and four times higher than the iPhone 6 launch, respectively, suggest that higher-than-expected demand could be the culprit. But since this is a very limited view into the demand for iPhone 7 and 7 Plus, this shouldn’t be trusted as a lead indicator for estimating iPhone 7 demand.”

“Further, it’s simply impossible to know how well Apple is actually ramping up supply. Chances are, iPhone 7 supply constraints can be credited to both higher-than-expected demand and supply challenges,” Sparks writes. “Fortunately for Apple investors, the company has dealt with problems like this before.”

Read more in the full article here.

MacDailyNews Take: Out in public, even today, our Jet Black iPhone Plus units stick out like supermodels at a fat farm, that much is sure. Heads turn. We feel like we got really lucky on pre-order night: Apple’s App Store loaded at midnight Pacific, we ordered, and we got them on Day One. They are gorgeous to look at and in the the hand. If you’re still waiting, it’s worth it!

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