[CNBC Television] 5G won’t boost Apple in 2020 as much as investors think: Apple investor
🎯 Загружено автоматически через бота:
🚫 Оригинал видео:
📺 Данное видео принадлежит каналу «CNBC Television» (@CNBCtelevision). Оно представлено в нашем сообществе исключительно в информационных, научных, образовательных или культурных целях. Наше сообщество не утверждает никаких прав на данное видео. Пожалуйста, поддержите автора, посетив его оригинальный канал.
✉️ Если у вас есть претензии к авторским правам на данное видео, пожалуйста, свяжитесь с нами по почте support@, и мы немедленно удалим его.
📃 Оригинальное описание:
Apple investors need to temper their expectations around of a 5G iPhone in 2020, Loup Ventures managing partner Gene Munster told CNBC on Friday.
“The first year of 5G for the iPhone will be a disappointment for investors,” Munster said on “Squawk Alley.” And he blames the carriers for the delay.
“Ultimately, this is a massive opportunity for Apple, huge play on 5G, but it’s going to take a while for networks to roll out coverage.”
5G is a next-generation mobile network that promises faster data speeds, lower latency and other capabilities to support emerging technologies such as self-driving cars. Coverage in the U.S. is not yet widespread, but expectations are high for increased coverage in 2020. Verizon CEO Hans Vestberg has said he expects half the U.S. to be covered by 5G in 2020.
Some smartphone makers such as Samsung have already released phones that support 5G, but Apple is not expected to release its first 5G iPhone until next year.
Many analysts expect that a 5G iPhone will reignite slumping phone sales that have transpired in recent years as users hold onto their older models longer. One report suggests the tech giant may ship more than 80 million units.
Indeed, current iPhone users seem interested in a 5G model, according to a recent Piper Jaffray survey. Of the 1,050 current iPhone owners who responded, 23% said they would upgrade to a $1,200 5G iPhone, up from 18% of participants a few months earlier.
But Munster is skeptical that the carriers will be able to achieve the coverage they’ve promised, which could suppress sales.
Disappointing sales would rest “largely on the shoulders of the carriers who have talked a lot about the 75% coverage by the end of next year. I think that that is optimistic at the best case,” he said.
Shares of Apple have risen about 80% year-to-date, and they touched a 52-week high of $ during Friday trading as President Donald Trump announced tariffs set for Sunday that would’ve hit Apple’s core products had been canceled.
Munster said he believes Apple will continue to rally into the new year, even with his less-than-rosy outlook on 5G iPhone sales.
“I think that this is going to be one of the best performers, if not the top tech performer next year as well,” Munster said, arguing it could reach the $350 to $400 range.
For access to live and exclusive video from CNBC subscribe to CNBC PRO:
» Subscribe to CNBC TV:
» Subscribe to CNBC:
» Subscribe to CNBC Classic:
Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide.
Connect with CNBC News Online
Get the latest news:
Follow CNBC on LinkedIn:
Follow CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Instagram:
#CNBC
#CNBC TV
2 views
1
0
1 week ago 00:06:10 1
[CNBC Television] BofA Institute’s Liz Everett Krisberg on consumer: Continue to see services outperform retail
1 week ago 00:05:09 1
[CNBC Television] OpenAI CEO Sam Altman: Deploying A.I. into society requires government partnership and regulation
1 week ago 00:04:47 1
[CNBC Television] Lightning Round: Dell is ’absolutley’ a buy, says Jim Cramer
1 week ago 00:04:06 1
[CNBC Television] CNBC’s Deirdre Bosa reports on a software showdown between Elon Muck and AWS
1 week ago 00:05:39 1
[CNBC Television] Gina Sanchez: Everything that has done well this year is traced back to commodities
1 week ago 00:03:30 1
[CNBC Television] We’ll emerge from this recession a stronger, more prosperous company, says C3 AI CEO
1 week ago 00:02:40 1
[CNBC Television] World reacts to the death of Queen Elizabeth II at age 96
1 week ago 00:03:03 1
[CNBC Television] Data shows Covid may be in retreat
1 week ago 00:03:33 1
[CNBC Television] This analyst has concerns about the Pfizer and BioNTech vaccine
1 week ago 00:05:49 1
[CNBC Television] Eli Lilly CEO: We expect to launch five new medicines in 2022
1 week ago 00:04:18 1
[CNBC Television] Over-reliance on the Fed caused market volatility, says Jefferies’ David Zervos
1 week ago 00:03:20 1
[CNBC Television] Beijing reinstates some coronavirus restrictions amid new outbreak
1 week ago 00:03:43 1
[CNBC Television] Dow pointed to lower open after mega-rally
1 week ago 00:03:36 1
[CNBC Television] NYSE proposes rule change to allow capital raise in direct listings
1 week ago 00:04:14 1
[CNBC Television] Former FDA chief Scott Gottlieb on the current coronavirus outbreak in the White House
1 week ago 00:02:18 1
[CNBC Television] Bill Gates: Some companies are going public too early via SPAC
1 week ago 00:04:21 1
[CNBC Television] NFL owners to approve partial private equity ownership for teams
1 week ago 00:06:02 1
[CNBC Television] Should you invest in China?
1 week ago 00:03:18 1
[CNBC Television] KKM’s Jeff Kilburg talks about the market’s record November run
1 week ago 00:01:59 1
[CNBC Television] Lockheed Martin beats on top and bottom lines
1 week ago 00:05:09 1
[CNBC Television] Mike Pence: We’re looking at a debt crisis over the next 25 years that’s driven by entitlements
1 week ago 00:04:12 1
[CNBC Television] Trade Tracker: Josh Brown buys Reddit
1 week ago 00:04:04 1
[CNBC Television] What to expect from CES 2020
1 week ago 00:01:34 1
[CNBC Television] McDonald’s earnings beat estimates as international sales rebound