Strong demand

Yes and no, the series 3 is sold out because it’s new and everyone who wants it preordered, however not everyone, especially non tech people wants Lte. I predict a lot of non lte models, and series 1 will help the series 3 shortage recovery as we move into the holidays.

Keep in mind also that a lot of times Apple over does their estimates, just in case something happens, so I have a feeling they have more in stock then they let on. And once the first wave goes out they can change their logistics and move supply to where it’s needed. (I.E. US buys more LTE S3 then Canada, so some of Canada’s supply is moved to US wearhouses)

 

I think demand is strong. Apple waited to add LTE until they could do so without significantly affecting battery life. Now the Watch can be used solo (great for runners). I'm guessing lots of first-gen owners who skipped last year are also upgrading.

 

For accuracy, I see 3-4 weeks on most 42mm alum LTEs. Strangely tho, I've seen more errors on the Apple Watch pages than I've ever seen on any Apple sales page, odd. You click on the 42mm LTE alum silver or SG and it brings up the non LTE watches.

 

I would say the upgrade would be significant from first generation Apple Watch owners to the Series 3. But for those who have the Series 2, the only reason they would upgrade to the Series 3, would likely be for LTE. So the difference is likely for those from the first generation Apple Watch.