Apple has been slowly catching up on Apple Watch backorders dating back to the April pre-order window, with most models now shipping in 1-2 weeks or less on the Apple Online Store and in-store reservations now available. The 42mm Space Black Apple Watch with Link Bracelet remains one of the more difficult models to obtain, with an estimated 2-3 weeks delivery date on the Apple Online Store.
(Thanks to everyone that tipped this!)
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