1448 ET - Wait times for Apple's new iPhone models appears to be trending lower, UBS analysts write, citing data from the UBS Evidence Lab. This isn't a surprise, as average wait times of around 0 days for the 18 Pro and around 7 days for the 18 Pro Max are tracking roughly in line with last year. "Absent any unexpected promotional activity or material subsidies, we expect wait times for the Pro to remain at 0 days, whereas the Pro Max and Duo will continue to trend lower WoW," the analysts write. "However, an increase in wait times for the legacy models or a significant change in the Duo data next week could indicate a change in consumer behavior in our view."