The recent improvement in Apple's key product supply means that after the closure of operations due to a new coronavirus epidemic in early 2020, the capacity of Chinese suppliers is approaching back to normal, said a report.
A recent report by well-known venture capital firm Loup Ventures analyst Gene Munster (Gene Munster) pointed out that in the past two weeks, the supply of four key Apple products-64 GB iPhone 11, 64 GB iPhone 11 Pro, AirPods Pro and second-generation AirPods-has significantly improved in 13 countries.
Loup Ventures has been tracking the supply of Apple products since mid-February.
Specifically, the average iPhone shipment time is now two days, which is lower than the 6.7-day peak set on March 4.
Similarly, AirPods shipment time has dropped from 10.6 days on March 4 to an average of 7.4 days.
Although Munster was not able to clearly link these changes to increased supply, he believes that the shortened delivery time is largely driven by China's restart of production.
Munster wrote: "The key variable in terms of Apple product supply over the past month has been the closure and restart of Chinese manufacturing and assembly facilities. After Apple announced on February 17 that its first-quarter revenue for the first quarter of this year would be lower than expected a few days, we are seeing an extended product delivery period. But within days of reports of China restarting manufacturing, delivery conditions have begun to improve. "
In mid-February this year, Foxconn plans to restart production and restore production capacity to 50% by the end of February. By March 12, Foxconn had resumed normal operations, a few weeks ahead of schedule.
