iPhone demand outstripping supply, Glasses set for 2022 debut, maintained Outperform. Apple store checks, supply chain data, and iPhone order delays all confirm my bullish view that currently demand is outstripping supply for iPhones 13 by roughly 10 million units globally.

iPhone 13 checks continue to be much stronger than expected, with belief that Apple is now on pace to sell north of 40 million iPhones during the holiday season despite the chip shortage headwinds.$Apple(AAPL)$