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Evercore cautioned, however, that extended lead times can reflect either strong demand or constrained supply.
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The firm noted that the new form factor could create tighter supply during the initial launch period.
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Deepwater Asset Management’s Gene Munster said the latest delivery times are making him more confident in his 20 million-unit iPhone Duo estimate for fiscal 2027.
Apple Inc. (AAPL) is getting an early read on demand for its new iPhone Duo, with initial delivery estimates extending well into January shortly after pre-orders opened.
The early demand signals come as Apple shares capped their strongest week since the iPhone Duo launch, with the stock rising over 2% this week, following a nearly 4% rise during the iPhone launch week in September.
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Apple shares ended with a gain of 0.4% in Friday’s regular trade, but edged lower by 0.2% in the afterhours session.
iPhone Duo Delivery Dates Stretch Into January
According to TheFly, Evercore ISI said iPhone Duo delivery dates quickly pushed out to late January, or roughly 100 days, across all regions and configurations it tracks, after pre-orders began Friday.
The firm views the development as positive for Apple, saying demand is tracking “solidly out of the gate.”
Evercore cautioned, however, that extended lead times can reflect either strong demand or constrained supply. The firm noted that the new form factor could create tighter supply during the initial launch period.
Meanwhile, lead times for the iPhone Pro and Pro Max remain “generally stable to shorter” as Apple works through its launch orders
The firm maintained its ‘Outperform’ rating and $380 price target on Apple shares.
Gene Munster Sees Early Signal For 20M iPhone Duo Units
Meanwhile, Deepwater Asset Management’s Gene Munster said in a series of posts on X that iPhone Duo lead times had stabilized at Jan. 25, 2027 as of 1:30 p.m. ET on Friday.
Munster said he expects some volatility in the delivery estimates over the next several days but remains encouraged by the initial signal.
“Even factoring in supply will be tight with the new form factor, I still believe the early read is positive vs expectations.”
Munster said the latest delivery times are making him more confident in his 20 million-unit iPhone Duo estimate for fiscal 2027, compared with a Street estimate of 10 million units.
At 20 million units, Munster estimates the Duo could account for roughly 8% of Apple’s overall iPhone unit sales next year. He also highlighted just how unusual the current lead times are based on his long history tracking Apple’s launches.
