China's Appetite for Apple's iPhone 15 Pro Max Triggers Delivery Setbacks, Delays Up To 3 Weeks
Portfolio Pulse from Anusuya Lahiri
Apple Inc's (NASDAQ:AAPL) latest flagship, the iPhone 15 Pro Max, is experiencing delivery delays due to high demand, particularly in China. The delays are affecting all colors and most storage capacities. Despite a starting price of $1,199 and price hikes in key markets like China, Japan, and India, the demand for the device remains robust. The standard iPhone 15 Pro and lower-end models are not experiencing the same level of delays.
September 15, 2023 | 2:14 pm
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Apple's latest iPhone 15 Pro Max is experiencing delivery delays due to high demand, particularly in China. Despite price hikes, the demand for the device remains robust, indicating strong consumer sentiment towards Apple's products.
The high demand for Apple's latest iPhone, despite its high price and delivery delays, indicates strong consumer sentiment towards the company's products. This could potentially lead to increased revenues for Apple in the short term, positively impacting its stock price.
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