Ubs reiterates neutral, $ 220 PT on iPhone 17 availability data

Apple Inc. (Nasdaq:Aapl) is one of AI is in the spotlight this week. On September 24, analyst UBS David Vogt reiterated a neutral note and a price target of $ 220.00 on the action. The notation assertion follows the analysis of the availability data of the iPhone 17 on 30 world markets.
Based on UBS evidence laboratory data, waiting times appear high for the basic model of the iPhone 17 but cut for the other three. The company believes that there are rising risks for iPhone constructions drawn by the base of the iPhone 17 and the air variants. This is aligned with recent reports that Apple suppliers increase the production of the basic model.
Meanwhile, waiting times for the pro and pro max outside of China are consistent with last year, while the air models are flat to descent compared to the 16 plus.
Depending on the company, the transition to entry -level telephone models can limit the average selling price up from the September 25 quarter. The monitoring of waiting times will be a key metric, because they were flattened or shortened at the time of last year.
“UBS Evidence Lab Data (> Access data set) which follows the availability of the iPhone in 30 geographies suggests high waiting times in Gidarie for the base on key final markets, but a relatively disorderly request for the other three models. We believe that the data is consistent with our point of view that there are rising risks for iPhone builds, trained by the base of the iPhone 17 base. Constructions generally start in November. Will be important to follow in the future because we will note that they started to flatten or shorten at that time last year depending on the model and geography. »»
Apple is a technological company known for its electronics, software and consumer services.
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