Despite “weak” demand for new Apple iPhones, some models are now shipping late

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Pre-orders for the Apple iPhone 11, iPhone 11 Pro and iPhone 11 Pro Max kicked off today in the U.S. starting at 5 am PDT/8 am EDT. According to Seeking Alpha, at least one analyst says that demand for the new “Pro” models has been weak. Rosenblatt’s Jun Zhang, after speaking with retailers, told clients that “there is no wait time today for the iPhone 11 Pro and Max.” As a result, Zhang forecasts that initial sales of the higher-priced iPhone 11 Pro and iPhone 11 Pro Max could be as much as 20% to 30% lower than sales initially generated by last year’s iPhone XS and iPhone XS Max.
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