Investment bank Morgan Stanley says Apple is not cutting orders for the iPhone 16 range — and that it will be the iPhone SE 4 that makes Apple Intelligence take off.
Morgan Stanley has previously told investors that the sales of the iPhone 16 have been lower than expected. Now, though, while iPhone 16 lead times are still shorter than at this time for the iPhone 15 range, the iPhone 16 Pro and iPhone 16 Pro Max appear to be selling better.
This is chiefly based on the lead times quoted by Apple, and Apple does not release any details about the numbers of iPhones either sold or produced. In a note to investors seen by AppleInsider, though, Morgan Stanley says it believes that better supply conditions are contributing to the shorter lead times.
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Source: AppleInsider News
