BofA Reports iPhone 18 Pro Global Delivery Lead Times Slightly Declined Year Over Year

Global shipment lead times for Apple Inc.'s iPhone 18 Pro and Pro Max models have decreased slightly compared to last year's cycle, according to Bank of America tracking data. The iPhone 18 Pro currently averages 14 days versus 15 days for the prior model, while the Pro Max sits at 20 days against 21 days. This follows earlier reports from JPMorgan and Citi noting week-two extensions and lead times matching or slightly topping iPhone 17 levels. Concurrently, international pricing rose up to 23% in Japan and India, while Gene Munster estimated consensus iPhone revenue estimates remain roughly 10% too low.