Apple Set to Release Two 5G iPhones in 2020 According to Analyst

iPhone 5G

When it comes to adapting to the latest trends in the mobile phone industry, Apple is not known for being left behind its competitors, and that has been the case for many years. In fact, it could be argued that Apple is actually the trendsetter as far as the smartphone industry is concerned, and many companies eventually follow its lead. Hence, it came as a bit of a surprise when it emerged that the company had not yet launched a 5G iPhone despite the fact that many of its competitors had already launched such handsets.

However, Ming Chi Kuo, who is one of the top analysts at TF International Securities, has stated in a note that the company is set to launch its trio of 5G iPhones in 2020. The phones are apparently going to be equipped with modems made by Qualcomm. All this was written by Kuo in a note and seems similar to what had stated in a note he had written back in April 2019. Kuo said that the three phones will be equipped with OLED screens instead of LCD panels and will have screen sizes of 5.4 inch, 6.1 inch and 6.7 inch. That being said, it creates a new problem for Apple. The company is all set to launch its new model of phones in September this year, and it seems that those phones would not be equipped with 5G. If that is the case, then customers might as well wait until the company launches its 5G handsets and then make the purchase. So, the news of the 5G handsets might actually have a negative effect on the company’s upcoming phone model.

5G is being regarded as a revolutionary new creation that will not only provide lightning fast internet speeds but also allow much better connections to a range of other devices. However, Apple is making a big effort in its quest to become a big player in the post 5G world, and Kuo said as much. He said,

Apple’s 5G iPhone strategy became more aggressive after the U.S. export ban on Huawei. We estimate that 5G iPhone will account for around 60% of total new 2H20 iPhone shipments (vs. consensus’s 20%).

Mary Turner is a senior reporter of FinanceOrange team. She is passionate for finance and business news. Before joining our team, she worked for local papers in US and freelanced for some foremost publications. Currently, she covers anything from the finance to market, banking to personal financing.

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