JPMorgan said that the expected delivery time of Apple products remained basically unchanged, indicating that the company still had supply chain problems In a note to investors, Samik Chatterjee, chief analyst of JPMorgan Chase, analyzed that the delivery time -- or the time of arrival after placing an order -- is still unchanged in the entire apple product range.
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Chatterjee said that the delivery time is consistent with the supply chain challenges faced by hardware companies. On the other hand, the adverse factors do not seem to have worsened.
The supply problems include the epidemic prevention and control related to the Chinese OEM. However, these measures have been alleviated in recent weeks. Apple Company's iphone And MAC currently have similar long lead times in all regions.
At a more detailed level, delivery times have been shortened in some regions. In Japan, the delivery time of MAC is shorter than that of other regions in the world at the end of May and the beginning of June. In addition, in the first week of this month, iPhone delivery times decreased in all regions.
The delivery time of MACS around the world is still 35 days, while the average delivery time of iPhones around the world is 25 days. In Western Europe, MAC and ipad The delivery time is 37 days and 25 days respectively.
Chatterjee maintained his estimate of Apple's stock price of $200 within 12 months. Based on his profit forecast of $6.73 in 2023, the P / E ratio was 30 times.