Apple's (AAPL) latest iPhone models are seeing shorter wait times, while Duo availability still in late January 2027, UBS said in a note emailed Friday.

The analysts said UBS Evidence Lab data tracking iPhone availability across more than 30 geographies shows that wait times declined week-over-week across the lineup.

Average wait times fell by 4 days for the Pro, 6 days for the Pro Max, and 7 days for the Duo, the analysts said, adding that China was the only notable exception, with Pro wait times unchanged at about 1 day.

The analysts said that despite these declines, Duo wait times remain elevated at about 82 days, with availability extending into late January. The consistent weekly decline suggests that "consumers are not opting to defer their purchases for a potential second-generation model."

UBS kept its neutral rating on Apple with a price target of $340 per share.

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