Tim Cook Says iPhone 15 Pro And 15 Pro Max Models Are Supply Constrained, Expects To Reach Supply-Demand Balance On iPhone 15 Pro And 15 Pro Max Models During Current Quarter; Expects Mac Sales To Improve In Current Quarter
Portfolio Pulse from Benzinga Newsdesk
Apple CEO Tim Cook has stated that the iPhone 15 Pro and 15 Pro Max models are currently supply constrained. However, he expects to reach a supply-demand balance for these models during the current quarter. Cook also anticipates an improvement in Mac sales in the current quarter.
November 02, 2023 | 8:34 pm
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Apple's iPhone 15 Pro and 15 Pro Max models are facing supply constraints, but the company expects to balance supply and demand this quarter. Mac sales are also expected to improve.
The news directly pertains to Apple's products, the iPhone 15 Pro and 15 Pro Max, and their supply constraints. As these are key products for Apple, any changes in their supply and demand balance can significantly impact the company's stock. The expected improvement in Mac sales is also a positive sign, potentially leading to increased revenues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100