JP Morgan: demand for iPhone 18 Pro models is stronger than for the 17 Pro models last year

Analysts are sending mixed signals – sales of the iPhone 18 Pro models in China are stronger than those of the 17 Pro models and yet Apple is reportedly cutting component orders due to weak demand. The analysts at JP Morgan are saying that there’s nothing to worry about. In a note to investors, the analysts say that the production cut is a fairly typical adjustment for Apple after a big iPhone launch. They blame it on the split launch – Apple launched the iPhone 18 Pro and iPhone 18 Pro Max in September and will launch the non-Pro models early next year. The note from JP Morgan confirms...