Apple(US:AAPL) Zhi Tong Cai Jing·2025-09-16 14:30Core Viewpoint - Apple Inc. is experiencing strong pre-order demand for the iPhone 17, with longer delivery times compared to previous models, indicating robust market interest [1] Group 1: Pre-order Demand - All iPhone 17 models have longer delivery times than their predecessors, with the standard and Pro Max models seeing an increase of 8 days [1] - In mainland China, the average delivery time has increased by 17 days, reaching a total wait time of 27 days [1] - Analysts report that the planned production for the iPhone 17 standard, Pro, and Pro Max models has increased by 25% year-over-year [1] Group 2: Production Insights - The production of the iPhone Air is projected to be three times that of the iPhone 16 Plus [1] - Despite the increase in production, the extended delivery times suggest that pre-order demand remains exceptionally strong [1] Group 3: Financial Projections - Goldman Sachs expects an 8% growth in iPhone revenue for Apple's fourth fiscal quarter, supported by strong pre-order demand [1] - The low-end channel inventory at the end of Apple's third fiscal quarter indicates that channel replenishment will further drive performance growth [1]