5g Enabled Iphone 12 Will Boost Apple Fortunes

Everyone is excited about 5G and even Apple knows it cannot afford to lag behind other manufacturers when it comes to 5G enabled devices. Dan Ives, an analyst at Wedbush, feels that 5G enabled iPhone 12 can give a big boost to the sales of iPhones around the world. Talking to CNBC on Monday, Dan said he expected Apple stock to jump 25% from its present levels and reach a mark of $350. Apple stock has risen by almost 79% in 2019. Dan believes iPhone support to 5G in 2020 is what the company needs for a super cycle.

According to Dan, the best way for Apple to realize this ambitious target is to release at least four 5G enabled iPhones this year. The company also needs to make its network strong all over the country. Lower latency and faster data speeds are the prerequisites for the success of 5G enabled iPhones, feels Dan Ives.

5G iPhones have the potential to revive the fortunes of the company that is grappling with the scenario of plummeting sales. One big reason behind falling sales is the fact that vast majority of older iPhones tend to hold on to their models for a very long time. In a survey carried out recently, nearly 23% of the 1000 owners of iPhones said they would upgrade to the new 5G iPhone. This is when there are rumors that 5G iPhone would be priced around $1200.

This survey indicates a growing iPhone 5G support among the customers as only 18% of current owners had indicated their willingness to upgrade to 5G iPhone a few months earlier.

Not all experts share the kind of enthusiasm that Dan has for 5G iPhones. Gene Minster, the MD of Loup Ventures feels that investors should be wary of Apple’s plans to roll out 5G enabled iPhones. He says that though it is a massive opportunity, it is going to take a while for 5G networks to roll out in all parts of the country. In such a scenario, owners of 5G iPhones will not experience the fast speeds that are being promised to them. He added that lack of 5G availability in some parts of the country will hamper with the sales growth that Apple is expecting in 2020.

However, Dan does not agree with the naysayers. He is predicting a sale of nearly 200 million 5G iPhones and says that it will only be a starting point as there will be another 350 million owners of older iPhones ready for an upgrade. Therefore, sales of the new 5G iPhones will continue unabated for a long time beyond 2020 and 2021.

New Year has started and there are already rumors doing rounds that iPhone 12 series will include an assortment of 4G and 5G devices. Customers will get first 5G iPhone in 2020 and it is expected to open the floodgates for a slew of 5G enabled Apple devices in the future.

Given the fact that Apple is behind other companies in the manufacture of 5G smartphones, only time will tell whether the predictions of Dan Ives come true this year.

Comments

Visa and Quickbooks Enable Fast Access to Money for Business Owners

A vast majority of small and medium scale business owners are seen lamenting about the slow speed of money processing. They say that the time it takes for the money to be processed and show in their bank accounts is too long after a customer has made the payment. Slow money processing has an adverse impact on the cash flow of the business. Quickbooks support has now made a difference to this situation by giving a faster, almost real time access to cash to the business owner after receiving payment from a customer. The new feature introduced by Quickbooks is called Instant Deposit and it makes available cash instantly to the business owner almost at the same time when a payment has been made by a customer. These business owners can access this money using their Visa debit cards to improve their cash flow situation. To be able to use this facility, all that Quickbooks users have to do is to integrate Visa Direct capabilities into the new feature announced by the company...

Netflix to Go Tough on Password Sharing

A lot of Netflix consumers have reported receiving a message from the company on their screens saying they need their own account to continue watching Netflix if they do not live with the account owner. The company was getting information that more than 20% of its consumers were sharing their account passwords with friends to allow them to watch Netflix illegally. Realizing this practice cost Netflix a massive amount of money, Netflix support has decided to go tough on this habit of password sharing by its customers.A spokesperson of Netflix confirmed sending such messages to customers when talking with the BBC. He added that the basic aim of the company behind sending these messages is to make sure that only authorized customers are using their accounts. The spokesperson also said that this message was not being sent to all the customers and a decision in this regard will be taken soon by the company. The problem of password sharing stems from the fact that streaming...

Google Admits to a Security Flaw Affecting 1.5 Billion of Users

Google has finally admitted to vulnerability that has security repercussions for nearly 1.5 billion of its users. This security flaw was brought to the notice of Google two years ago by researchers at Black Hills Information Security. These researchers had claimed that vulnerability in Google Calendar app was enough for hackers to allow hackers to steal information from he computers of users of Gmail around the country. It is only now that Gmail support number is acknowledging the existence of this security flaw. Google did not take any steps to fix this security flaw back in 2017 as it would have resulted in drop in functionality for the users of its Google Calendar app. This was despite the fact that these researchers demonstrated how this vulnerability could be exploited as a weapon by hackers to steal information from the computers of users of Gmail. At that time, Google said that its policy was to prevent spread of malicious content on the services offered by the ...

Neebs Gaming

Search This Blog