Experts say Apple IPhone 15 Series demand outpaces supply

Wedbush and Goldman Sachs are the two sources that said internal checks show that the latest IPhone 15 series demands outpaces supplies. Pre-orders increased around 10-12 percent year-over-year when compared to the initial pre-orders for the iPhone 14 lineup.

Apple’s stocks (AAPL) closed 1.7 percent higher on Monday at $177.97 per share, while also gaining 0.3 percent in an after-hours trading session.

Wedbush’s analyst  Dan Ives noted that Delivery times now have moved to late October to early November for various models of iPhone 15 Pro and Pro Max.