It’s safe to say that 2020 was the year of smartphones. We have many new flagship smartphones being introduced on the market, and customers do have a choice when it comes to choosing a smartphone that meets their everyday needs. Apple and Samsung remain the biggest competitors in the US market, together they are sharing around 75% of the total smartphone sales in the US. Apple has increased the budget for innovation in technology, and it completely makes sense that investors are interested in Apple on the stocks marketplace. The shares have considerably grown in the last years, and the future for Apple stock shares looks bright. The areas where upgrades are significantly in the areas of software stability, camera features, and gaming consoles.
The Newest iPhone model and 5G Technology
The recent news from Apple is the announcement of the new iPhone model, the iPhone 12. According to specs, it should be an upgrade mainly in the display, the camera, as well as the software of the smartphone. However, the biggest upgrade is mainly in the recently announced 5G technology that iPhone users should expect to use on Verizon, AT&T, and T-Mobile carriers. The 5G technology comes at a variety of frequencies, so whether users will be able to use it depends on the carrier they use in the US.
One thing is sure- Apple isn’t going to downgrade in iPhone sales and will continue to sell millions of them. Talking of 5G technology, it’s definitely the direction in which smartphone technology is moving, and Apple is making a smart move by making it available in their next flagship device. As said, one of the reasons for the recent rise of Apple shares is the recently announced 5G technology.
Apple Shares on the Stock Market
Apple has achieved better than expected results on the stocks market in a fiscal year. The company has earned $2.5 per share in sales of $59.7 billion. Apple earnings have grown by 18 percent climb in sales by 11%. iPhone sales have grown by 2%, achieving 7.08 billion in sales. The recent split of Apple’s stocks, the 4-for-1 stock split, is the fact that has caught the investor’s eyes in recent years.
Apple has done better than expected on the stocks market, having an IBD rating of 93 out of 99, which is a top seven result in the past year. Back in 2018, Apple was the first company to achieve a market value that exceeded 1 trillion, joining the club with Microsoft, Amazon, and Google’s partner Alphabet. Apple’s stocks have noted a record high of 137.98, thanks to the recent split of stock shares. If you’re asking yourself whether you should I buy Apple shares in 2020, the numbers are definitely on the investor’s side.
Advantages of 5G Technology
5G technology offers a wide range of features in smartphone technology. The technology is easily manageable with the previous generations. It is the technology that gathers all networks on one platform. 5G technology has improved bandwidth, which means short download speed. As of now, 5G achieves a speed that is 20 times faster than the 4G technology. According to test speeds on mobile networks, 5G does 30 to 40, or even 50 times better than other technologies.
When it comes to iPhones and 5G technology, whether you can start using it now depends on the frequency range that your carrier covers in the area. Even if you’re currently using the 4G technology on your iPhone, it still means that you can take advantage of the stability of the network while waiting for the 5G technology to become available at your courier. The expected arrival of the latest iPhone model, the iPhone 12, is another reason to ensure 5G technology to be already available in the US with other models. US carriers are working hard on improving the user’s experience with 5G, ensuring smooth and fast connections.
Making 5G technology Available to Consumers
5G technology is another reason that makes smartphone manufacturers create slimmer, power-efficient devices that are far less expensive than predecessors. Many users are expected to buy the newest Apple’s model, and take advantage of the 5G technology to enjoy faster networking while on-the-go. Customers buy new smartphones in several years, and it makes sense that Apple wants to make 5G technology available on iPhone 12, so that customers don’t feel like they have to upgrade their smartphones every year to take advantage of the latest networking technology.
According to Jeff McElfresh, “Over the past few years, we’ve seen fewer people upgrading their phones, but as more major manufacturers release their 5G-capable devices, we anticipate increased demand during a busy Fall and Holiday season,” he said in an e-mailed statement. “We’re also committed to a range of price points so more consumers have the opportunity to enjoy fast and reliable connectivity.”