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Apple iPhone 13 could take longer to reach customers: analysts

Apple Inc customers will have to wait a few more weeks to get their hands on the new iPhone 13 as supply chain delays and high demand lead to one of the longest phone wait times of recent years, analysts said.

The delivery time of Apple iPhones after a relaunch is seen by analysts as one of the metrics to gauge demand for the new model of the flagship phone. But this year, it also sheds light on the supply chain issues plaguing tech companies ahead of the holiday shopping season.

Analysts from JPMorgan and Credit Suisse said customers around the world who pre-ordered the new models online should wait more than four weeks for the iPhone 13 Pro and Pro Max and around 2 weeks for the base iPhone 13. .

In the United States, which accounts for more than a third of iPhone shipments, the iPhone 13 series delivery time was 19-34 days in the second week, compared to 7-20 days in the first week, both higher than time limit. for iPhone 12 series.

Apple was not immediately available to comment on delays in delivery times.

“While it is recognized that part of the lead time expansion is due to supply chain constraints, we still find the material increase in lead time from week 2 compared to week 1 as an indicator of strong demand for upgrades, probably exceeding low investor expectations in the launch, ”JPMorgan analyst Samik Chatterjee said.

Apple partners Verizon, Vodafone UK and Best Buy, cited issues of high product demand and supply in responses to customers on Twitter. Many users on social media also reported the delays.

“With a late delivery for the iPhone 13 pro max, so much cancel! They are talking (until) October 30,” one user said on Twitter.

Several suppliers to Apple and Tesla Inc suspended production at some Chinese factories for several days on Sunday to comply with stricter energy consumption policies, putting supply chains at risk during peak product season. electronic.

The iPhone 13, priced between $ 699 and $ 1,599, comes with a sharper camera, a new bionic chip, and improved connectivity. It has been available for pre-booking since September 17th.

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