Supply chain challenges have hit companies worldwide with tech giant Apple, Inc. as no exception to these issues.
Cyber Monday Confirms Supply Tightness
Entering Black Friday, lead times for 10 Apple products suggested a wider demand-supply gap than what was suggested by the company on its September quarter earnings call, Loup Funds Managing Partner Gene Munster said in a note.Apple is quoting an average of 18 days for seven new Apple product SKUs in six countries, a slight improvement from 20 days observed last week, but higher than the typical lead times of 10 days for new Apple products going into Cyber Monday, Munster said.
