According to Bank of America, there is a different picture of burgeoning demand for Apple’s latest iPhone lineup. Analyst Wamsi Mohan said in a note to clients on Monday that shipping dates for the iPhone 14 Pro and iPhone Pro Max – which have a higher average selling price than standard iPhones – have extended shipping times. expected compared to previous sales. That could be a sign of strong demand, with many customers ordering earlier for the more expensive phones. But that craving doesn’t seem to exist in the lineup, as the iPhone 14 and iPhone 14 Plus have reduced wait times compared to previous years. “The iPhone 14/14 Plus offers less difference than the Pro models because they have the same design and the same chip as the iPhones of previous years. This may cause customers to switch to the iPhone 14 models. Pro/Pro Max. is mix and ASP in our opinion. However, this could also indicate weaker overall demand for iPhone 14, which could be cause for concern,” Mohan wrote. One hitch this year is that the iPhone 14 Plus won’t officially be ready for shipping until October 7, instead of the same day as the rest of the new models. Mohan warns that variability and component shortages could affect year-to-year comparisons of shipping times. Bank of America has a buy rating and $185/share price target for Apple. Shares closed at $150.70 per share on Friday. Apple’s stock is down 15% so far.