Netease Technologies News, April 10, CNBC reported that Gene Munster, founder of Loup Ventures, a well-known technology investor and venture capital company, said recently that Apple would be the biggest beneficiary of 5G, but investors need to be patient.
Apple is in a very favorable position for investors who want to bet on 5G, Munster added. But I strongly recommend that investors be patient when this boost effect is about to begin.
Some people think that Apple may lag behind in the 5G competition. Last week, Verizon, an American operator, launched its 5G wireless network. Currently, only Motorola Z3 supports the network, but Samsung will launch the Galaxy S105G handset later this quarter, which will be sold exclusively by Verizon.
According to Munster, any idea that Apple will miss the 5G window is wrong. There are two main reasons for buying Apple stock: First, its a product cycle company, and when the sales of the iPhone are negative, you can expect that the sales will eventually turn positive, he said. 5G will obviously drive this trend. The second reason is the idea of Apple as a service company, which is a more sustainable model.
Munster added: Both factors have a positive impact of 5G, which is why I think it is the most advantageous company. I strongly believe that this stock will have a positive performance. Although its hard to predict when this will happen, we should see Apples share price boost in the next two years. (small)
Source: Responsible Editor of Netease Science and Technology Report: Wang Fengzhi_NT2541