Apple stock price falls Morgan Stanley warns iPhone delivery cycle shortened

Apple's stock price has slightly declined, with analysts at Morgan Stanley pointing out that the delivery cycle of iPhone 16 is lower than the past three iPhone cycles. Analysts like Erik Woodring wrote, "Despite supply improvements, we have heard positive rumors about the demand for iPhone 16, but we remain more cautious in interpreting these data points." On the 11th day after pre-sales began, "the delivery cycle of iPhone 16 in the United States is 15 days, compared to 26 days for the iPhone 15 model at the same time last year, and 18 days for all iPhone 14 models." "Overall, for the iPhone 16 cycle, these data points lean more towards the negative than the positive, although their predictive power for the entire cycle remains weak." Shortly after the launch of iPhone 16, other analysts have already warned of the weaker demand faced by iPhone 16