Owing to the outbreak of the epidemic in Foxconn Park, Zhengzhou, China, the city was once closed to control the epidemic last year, which caused the production line to stop operating for a period of time. As a result, the shipment of the iPhone 14 Pro and 14 Pro Max was greatly affected. At that time, Apple needed to make a rare statement, saying that there would be a serious shortage of iPhone 14 Pro before Christmas, and consumers would not be able to receive orders in time for the Christmas holiday.
JP Morgan, an analysis agency that has been tracking the global shipments of various iPhone 14, wrote yesterday that the supply has finally caught up with the demand. They said that the holiday is over, and the Chinese government has changed the policies related to the epidemic. Now the factory has reopened and returned to normal capacity status. JP Morgan found that the global waiting time for the iPhone 14 Pro and iPhone 14 Pro Max is now less than a week, and believes that this clearly reflects that supply has caught up with demand, which is the first time since.
The average waiting time for the four iPhone 14 models is about 4 days, and it takes about 5 days for shipments in the United States, but only 3 days for China and Europe. Most models can even be purchased directly at the Apple Store. In order to spread risks and avoid the recurrence of last year’s supply disruption, Apple plans to increase production capacity in India. The latest report even says that by 2027, half of the world’s iPhones will be assembled in India.