Apple To See Demand for 5G Phone

Globally the number of installed 5G networks is growing rapidly. In South Africa Rain has already launched its 5G network. To use the super fast network though will require a special cellphone or router, so your current iPhone won't cut it.

Thanks partly to the demand for a phone that can use 5G, Apple is forecasting sales of 100 million iPhones next year! If 5G is available in your area, people will want a cellphone that can access all that speed.

The graph below shows the forecasted adoption of the 5G network around the world. Look at how quickly the number climbs. Each person joining will require a new smartphone, meaning that in the short run we should see a big increase in smartphone sales. Good news for us as Apple shareholders!

Read more about Apple here - Apple expects a surge in shipments for the next-generation 5G iPhones.

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