Analysts at Morgan Stanley, a financial holding company, released a note on Monday (18), saying that delivery times and pre-orders for the latest iPhone from Apple, iPhone 15, are presenting a more positive scenario than initially feared.

What do you need to know:

• Morgan Stanley analysts report that delivery times and pre-orders for the iPhone 15 are surprisingly better than expected.

• According to the analysis, the wait time in the US for the latest line of iPhones reflects both supply constraints and strong initial demand.

• In China, data related to wait times and pre-orders are also positive, which is notable considering previous concerns about a possible iPhone ban for government employees and the competitiveness of Huawei.

However, analysts note that the average wait time for the iPhone 15 Pro Max is five to six weeks in the US, the longest average in seven years for any model released.

Reports from Chinese news agencies also indicate solid initial pre-order demand for the iPhone 15, despite initial investor concerns about China.

If iPhone 15 pre-order and wait times data continue to surprise on the upside, and/or if iPhone production remains stable, we expect to see a near-term recovery in Apple's stock. Apple.

Analysts at financial holding company Morgan Stanley

While it is too early to make precise projections, these developments are encouraging, especially considering the recent underperformance of Apple in the market due to news about possible government bans in China in September.