Form 144 Apple Inc. Filed by: Adams Katherine L.

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Evercore ISI on Apple (AAPL): 'Lead times holding up reasonably well for the Pro/Pro Max models relative to last week'

October 4, 2024 12:06 PM EDT

Evercore ISI analyst Amit Daryanani reiterated an Outperform rating and $250.00 price target on Apple (NASDAQ: AAPL).

The analyst comments "The iPhone 16 and 16 Pro lineup has been available for pre-order in most geographies since Sep 13th, and lead times for the Pro/Pro Max models have remained relatively stable since we last ran the analysis on 9/27, while lead times for the 16 and 16 Plus remain relatively stable for the US, China, and Germany, Japan and UK saw days decrease. All delivery times referenced are for delivery of a sim-free phone from the Apple website. China... More