Apple CEO Tim Cook poses in front of the new MacBook Air running the M2 chip display during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022.
Peter Dasilva | Reuters
AppleMac supply chains have normalized, according to analysts at JPMorgan, who said lead times have moderated to a week or less across geographies.
This means Apple customers now have to wait an average of about five days for a new Mac, compared to a wait time of about 15 days in June. Waiting times are slightly longer in North America, where it takes about eight days to get a new Mac, down from 18 days in June.
Mac sales fall short of consensus expectations at the company third quarter earnings report and down 10% year on year. CEO Tim Cook attributed the decline to supply constraints, meaning Apple couldn’t make enough computers to meet demand.
In April, Apple warned that a parts shortage would hit revenue between $4 billion and $8 billion, and Apple’s website showed extended delivery times for many Mac models during the quarter. Cook said the hit eventually came in at under $4 billion.
Apple also announced a new MacBook Air model in June that started shipping to customers in July. The MacBook Air is Apple’s best-selling computer.